At a Glance
- Tasks: Lead and centralise outwards reinsurance activities, ensuring effective governance and oversight.
- Company: Join a dynamic insurance group making waves in the industry.
- Benefits: Enjoy a competitive salary of £150k plus a 30% bonus and hybrid working options.
- Why this job: Be part of a pioneering role that shapes the future of reinsurance within the company.
- Qualifications: 5-8+ years in outwards reinsurance with strong technical knowledge required.
- Other info: This is a newly created position, perfect for those looking to make an impact.
The predicted salary is between 108000 - 180000 £ per year.
Outwards Reinsurance Manager
Location: London – Hybrid working
Type: Permanent
Recruiting on behalf of a leading insurance group
£150k plus 30% bonus
DATAHEAD is partnering with a dynamic insurance group to find their first dedicated Outwards Reinsurance Manager.
This is a newly created role, offering a rare chance to consolidate outwards reinsurance activities currently spread across different teams into a single, central function. You’ll set up and oversee the frameworks, controls and governance needed to protect the business, while also taking a hands-on approach to technical placement and analysis.
What You’ll Be Doing
- Establish and own all outwards reinsurance activities across the group, centralising processes under your leadership.
- Oversee key partnerships and outsourced providers, ensuring their activities are tightly managed and deliver on agreed SLAs and regulatory expectations.
- Develop and embed controls, reporting frameworks, and governance processes, maintaining robust oversight of all reinsurance operations.
- Manage both treaty and facultative placements across multiple lines of business, aligned to the group’s risk appetite.
- Collaborate with underwriting, actuarial, finance and claims teams to prepare exposure data, loss history summaries, and support renewal processes.
- Prepare clear, insightful management reports and presentations for senior leadership and board committees.
- Proactively monitor reinsurance credit risk and coordinate with finance on collateral and payment structures.
What We’re Looking For
- 5-8+ years’ experience in outwards reinsurance, gained within an insurer, reinsurer or broker.
- Deep technical understanding of treaty and facultative reinsurance, ideally across multiple business lines.
- A proven track record of setting up or enhancing oversight frameworks, controls and governance structures.
- Comfortable operating at both a strategic and hands-on level, getting into the technical detail as needed.
- Highly analytical, organised and detail-oriented, with the communication skills to influence a range of stakeholders.
- Professional qualifications such as ACII, CPCU or equivalent are a plus.
Please apply!
Outwards Reinsurance Manager employer: DATAHEAD
Contact Detail:
DATAHEAD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Outwards Reinsurance Manager
✨Tip Number 1
Network with professionals in the insurance industry, especially those who have experience in outwards reinsurance. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the specific frameworks and governance structures used in outwards reinsurance. Understanding these will not only help you in interviews but also demonstrate your proactive approach to the role.
✨Tip Number 3
Prepare to discuss your previous experiences in managing partnerships and outsourced providers. Be ready to share examples of how you've ensured compliance with SLAs and regulatory expectations in your past roles.
✨Tip Number 4
Brush up on your analytical skills, particularly in relation to exposure data and loss history summaries. Being able to articulate your analytical process and how it impacts decision-making will set you apart from other candidates.
We think you need these skills to ace Outwards Reinsurance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in outwards reinsurance. Focus on your achievements and responsibilities that align with the job description, particularly your ability to manage frameworks and controls.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention specific examples of how you've successfully managed reinsurance activities and collaborated with various teams in the past.
Highlight Technical Skills: In your application, emphasise your technical understanding of treaty and facultative reinsurance. Include any professional qualifications you hold, such as ACII or CPCU, to strengthen your candidacy.
Showcase Analytical Abilities: Demonstrate your analytical skills by providing examples of how you've used data to influence decision-making in previous roles. This is crucial for the Outwards Reinsurance Manager position, so make it clear how you can add value.
How to prepare for a job interview at DATAHEAD
✨Showcase Your Technical Expertise
Make sure to highlight your deep understanding of treaty and facultative reinsurance during the interview. Be prepared to discuss specific examples from your past experience that demonstrate your technical skills and how you've successfully managed reinsurance activities.
✨Demonstrate Leadership Skills
Since this role involves centralising processes and overseeing teams, it's crucial to convey your leadership abilities. Share instances where you've set up frameworks or enhanced governance structures, showcasing your capacity to lead and influence others.
✨Prepare for Collaboration Questions
Expect questions about how you collaborate with various teams like underwriting, actuarial, and finance. Prepare examples that illustrate your ability to work cross-functionally and how you’ve contributed to successful outcomes in previous roles.
✨Be Ready to Discuss Risk Management
Given the focus on monitoring reinsurance credit risk, be prepared to discuss your approach to risk management. Highlight any relevant experiences where you've proactively identified and mitigated risks, and how you coordinated with finance on collateral and payment structures.