Head of Reinsurance in Hamilton

Head of Reinsurance in Hamilton

Hamilton Full-Time 100000 - 130000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead transformation projects and guide innovative solutions in the reinsurance sector.
  • Company: Join Artex, a forward-thinking risk management company with a global impact.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Other info: Collaborative culture that encourages innovation and personal growth.
  • Why this job: Shape the future of reinsurance while making a meaningful impact on a global scale.
  • Qualifications: 10+ years in reinsurance, strong leadership, and excellent communication skills.

The predicted salary is between 100000 - 130000 £ 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 Head of Reinsurance will lead, guide and provide governance to Artex Capital Solutions (ACS) controlled transformation platform as well as lead and provide input through ACS Advisory in the delivery of transformation client solutions and review projects for new and existing clients of ACS.

How you'll make an impact

  • Oversees all Artex transformation (fronting) vehicles.
  • Advisory – structures transformation deals working with cedants and investors.
  • Manages investor, cedant, and broker relationships in the advisory process.
  • Oversees the onboarding of transformation transactions into vehicles in coordination with the transaction operations and compliance teams.
  • Leads establishment and licensing of any new Artex Axcell Collateralized Insurers.
  • Reviews and owns transactional documents and negotiates with investors and cedants, working closely with the Chief Legal Officer.
  • Works alongside investors and cedants in relation to any transformation coverage/claims disputes and any arbitrations.
  • Serves as the primary contact for the BMA for ACS transformer vehicles – defending/aligning client’s business plan (underwriting, investment strategy) where challenged by the regulator.
  • Overall responsibility for all transformation vehicles including all aspects of strategy, regulation, governance, reporting, and products (including any ancillary or related initiatives).
  • Active member of the Artex Advisory Team in relation to client structuring, viability, capitalization and advisory for prospective and existing (re)insurance and/or capital market clients.
  • Advises on the admissibility of asset strategies and how those will interact with underwriting strategies and regulatory requirements.
  • Assists with capital optimization, i.e., advising on structuring debt and equity for optimal classification (e.g., Tier 1, Tier 2, Tier 3) including BSCR advisory work.
  • Manages BMA application for licensing and formal submission of any Artex transformation vehicles.
  • This also includes pre‑vetting concepts with the Regulator and preparing clients for Assessment and Licensing Committee meetings (where required).
  • Provides input on building comprehensive business plans, including translating complex strategies to fit within the licensing frameworks.
  • Assists with designing corporate and risk governance at the business plan stage.
  • Certain businesses could have specific risks that need additional controls/mitigants.
  • Bridges the gap for clients and service teams between the advisory phase and service phase for all transactions in our transformer vehicles.
  • Contributes to the evolution and expansion of the ACS product, ILS advisory offering, and advisory strategy.
  • Acts as a subject matter expert on Artex owned and ACS managed transformation platforms and how they operate.
  • Supports Global Strategic Growth discussions and provides regular reports to the ACS Head of Strategy & Growth on transformation platform product expansion, revenue, and growth initiatives.

About you

  • 10+ years of relevant experience in the (re)insurance sector with a demonstrated record of accomplishment in designing and executing sophisticated (re)insurance, retrocessional reinsurance, or securitization either with an asset manager, reinsurer, or broker.
  • Portfolio Underwriting/analytical experience and running an underwriting team is highly desirable.
  • Strong working relationships and familiarity with reinsurance brokerage community.
  • Insurance qualifications such as CPCU, ACII or ARe or other insurance related designation required.
  • Ability to analyze reinsurance contracts through an in-depth understanding of commercially acceptable terms.
  • Experience working with insurance regulators in Bermuda, Cayman, Ireland, Guernsey, and/or the United Kingdom would be advantageous.
  • Prior experience actively managing client and stakeholder relationships.
  • Proven management and leadership ability.
  • Confident, accurate and strong communicator in a variety of settings including client board meetings (written and verbal).
  • Ability to maintain high quality work in a fast target, changing environment.

Head of Reinsurance 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 global team is dedicated to empowering employees through continuous growth opportunities and a supportive environment where bold ideas are celebrated. Located in the vibrant insurance hub of Bermuda, we offer unique advantages such as proximity to industry leaders and a dynamic work atmosphere that encourages meaningful contributions to the future of risk management.

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Contact Details:

Arthur J. Gallagher & Co. (AJG) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Head of Reinsurance in Hamilton

Network Like a Pro

Get out there and connect with people in the reinsurance sector! Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!

Showcase Your Expertise

When you get the chance to chat with someone from Artex or any other company, make sure to highlight your experience and knowledge in transformation solutions and risk management. We want to see how you can bring value to the table, so don’t hold back!

Prepare for Interviews

Do your homework before any interview! Understand Artex’s approach to risk management and be ready to discuss how your background aligns with their innovative strategies. We love candidates who can think outside the box and offer fresh perspectives.

Apply Through Our Website

Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of our community at Artex.

We think you need these skills to ace Head of Reinsurance in Hamilton

Reinsurance Expertise
Transformation Deal Structuring
Investor Relationship Management
Regulatory Compliance
Transactional Document Review
Negotiation Skills
Client Advisory

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Head of Reinsurance role. Highlight your relevant experience in the (re)insurance sector and any specific achievements that align with the job description. We want to see how your background fits into our vision at Artex!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your skills can contribute to our innovative team. Be bold and let your personality come through – we love creativity!

Showcase Your Expertise:Don’t hold back on showcasing your expertise in reinsurance and transformation solutions. Include examples of past projects or deals you've worked on, especially those that demonstrate your ability to navigate complex risks. We’re looking for problem-solvers like you!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our community at Artex!

How to prepare for a job interview at Arthur J. Gallagher & Co. (AJG)

Know Your Stuff

Make sure you have a solid understanding of the reinsurance sector and the specific role of Head of Reinsurance. Brush up on recent trends, regulatory changes, and key players in the market. This will help you speak confidently about how your experience aligns with Artex's innovative approach to risk management.

Showcase Your Leadership Skills

Prepare examples that highlight your management and leadership abilities. Think about times when you've successfully led a team or managed client relationships. Be ready to discuss how you can guide the transformation platform and contribute to the advisory process at Artex.

Understand the Regulatory Landscape

Familiarise yourself with the insurance regulations in Bermuda, Cayman, Ireland, Guernsey, and the UK. Be prepared to discuss how your experience with regulators can benefit Artex, especially in terms of licensing and compliance for transformation vehicles.

Ask Insightful Questions

Prepare thoughtful questions that demonstrate your curiosity and understanding of Artex's operations. Inquire about their approach to innovation in risk management or how they envision the future of their transformation platforms. This shows you're not just interested in the role, but also in the company's mission and vision.