At a Glance
- Tasks: Lead daily operations for a sophisticated reinsurance portfolio and enhance investor relationships.
- Company: Join Artex, a bold and innovative risk management company.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunities for career growth and involvement in transformative projects.
- Why this job: Make a global impact while working with a collaborative team of problem-solvers.
- Qualifications: 5+ years in Re/Insurance, strong communication skills, and a proactive mindset.
The predicted salary is between 60000 - 80000 £ per year.
At Artex, we reimagine what risk management can be and we do it with bold thinking, deep expertise, and an unwavering belief in what’s possible. As part of our global team, you’ll help clients navigate complex risks through creative, forward-looking solutions that go beyond the expected. This is a place where innovation is encouraged, ideas are welcomed, and no two days look the same. We’re a community of confidently curious problem-solvers, opportunity seizers, and collaborative thinkers, working together to challenge convention and shape the future of our industry. Here, you’ll be supported to explore your potential, grow your expertise, and make a meaningful impact on a global scale.
The Assistant Vice President, Transaction Operations will report directly to the Vice President, Transaction Operations within Artex Capital Solutions and will have responsibility for all day-to-day operational aspects of a large, sophisticated reinsurance portfolio comprising Insurance Linked Securities companies and segregated account transactions. The role encompasses all aspects of reinsurance contract administration, management of collateral, investor and management reporting and project management.
How you'll make an impact:
- Contribute to a team of Transaction Operations professionals providing the operational support for a large, sophisticated reinsurance portfolio of Insurance Linked Securities companies and segregated account transactions, including the supervision, oversight and training of direct reports.
- Contribute to the establishment, maintenance and enhancement of investor, reinsurance trustee and broker relationships.
- Contribute to the provision of and strive to constantly improve the structure and quality of reporting to investors and Artex leadership by providing accurate and timely information, leveraging Artex and third-party systems.
- Ensure prompt drafting, review, execution and recording in Artex systems of reinsurance, trust and shareholder agreements, including all aspects of reinsurance agreement execution, endorsement, commutation and novation.
- Liaise with appropriate internal and external stakeholders such as Artex Financial Reporting, Business Development and Compliance teams, brokers and investors to ensure smooth deal flow.
- Document, maintain and support the ongoing refreshment of Underwriting Guidelines, Processes and Procedures.
- Review reinsurance trust agreement language, including Reg 114 Trusts, coordinating with brokers and reinsureds as required and oversee trust opening, collateral investment, maintenance, ongoing reporting and account closing processes.
- Ensure trust account withdrawal notices are executed promptly and payments made in a smooth, timely manner to investors and/or beneficiaries.
- Participate in Business Transformation projects as directed by the EVP, Director, Insurance Management Services.
- Strive for the highest quality of client service; promptly identifying, escalating and resolving any issues, as required.
About you:
- A minimum of 5 years’ experience in the Re/Insurance industry, preferably in the areas of operations, capital management, underwriting, broking, collateral management/treasury, or technical accounting.
- University degree and/or Reinsurance designation preferred (CPCU, ARe, ACII or other equivalent professional designations preferred).
- A professional STEP qualification (TEP designation) would also be considered.
- Experience in reinsurance/property catastrophe broking beneficial.
- Excellent, professional written and verbal communications skills in client service environment.
- Strong organizational skills and attention to detail and ability to produce accurate and complete work to meet tight deadlines.
- Enthusiastic and strongly motivated self‑starter.
- Ability to work independently and collaborate with colleagues within and across departments.
- Proficient in Microsoft Office Suite with working knowledge of reporting tools such as Power BI or Business Objects is beneficial.
- Prior experience with underwriting or policy management systems would be beneficial.
AVP, Transactional Operations in Hamilton employer: Arthur J. Gallagher & Co. (AJG)
At Artex, we pride ourselves on being an exceptional employer that fosters a culture of innovation and collaboration. Our team is empowered to explore their potential and grow their expertise in a dynamic environment where no two days are the same. With a strong commitment to employee development and a focus on meaningful impact, we offer unique opportunities for professional growth within the vibrant landscape of risk management.
Contact Details:
Arthur J. Gallagher & Co. (AJG) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land AVP, Transactional Operations in Hamilton
✨Tip Number 1
Network like a pro! Reach out to folks in the reinsurance industry on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for those interviews by researching Artex and its culture. We want to see your enthusiasm for innovation and problem-solving. Show us how your experience aligns with our mission and values!
✨Tip Number 3
Practice makes perfect! Get a friend to do mock interviews with you. We can’t stress enough how important it is to articulate your thoughts clearly and confidently when discussing your experience in transactional operations.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace AVP, Transactional Operations in Hamilton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the AVP, Transactional Operations role. Highlight your experience in reinsurance and operations, and don’t forget to sprinkle in some of that bold thinking we love at Artex!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about risk management and how your background makes you a perfect fit for our team. Be genuine and let your personality come through!
Showcase Your Communication Skills:Since this role involves liaising with various stakeholders, make sure your written application demonstrates your excellent communication skills. Clear, concise, and professional language will go a long way in making a great impression.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our innovative community at Artex!
How to prepare for a job interview at Arthur J. Gallagher & Co. (AJG)
✨Know Your Stuff
Make sure you brush up on your knowledge of the reinsurance industry, especially in areas like operations and capital management. Familiarise yourself with key terms and concepts related to Insurance Linked Securities and segregated account transactions, as this will show your expertise and confidence during the interview.
✨Showcase Your Problem-Solving Skills
Artex values confident problem-solvers, so be ready to share specific examples from your past experiences where you've tackled complex issues. Think about times when you improved processes or enhanced client relationships, and be prepared to discuss how you approached these challenges.
✨Communicate Clearly
Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly and concisely. You might want to rehearse answers to common interview questions, focusing on how you can convey complex information in a straightforward manner, especially in a client service environment.
✨Demonstrate Your Team Spirit
Collaboration is key at Artex, so highlight your ability to work well with others. Share examples of how you've successfully collaborated across departments or trained team members in the past. This will show that you're not just a self-starter but also a team player who can contribute to a positive work environment.
