At a Glance
- Tasks: Lead the placement of outwards reinsurance and manage key relationships with brokers and reinsurers.
- Company: Hamilton, a vibrant and inclusive specialty insurer with a collaborative culture.
- Benefits: Supportive environment, diverse perspectives, and opportunities for personal growth.
- Why this job: Make a real impact in a dynamic industry while working with innovative teams.
- Qualifications: Experience in outwards reinsurance placement and strong relationship management skills.
- Other info: Join a company that values individuality and fosters a sense of belonging.
The predicted salary is between 60000 - 80000 £ per year.
We are looking for an Outwards Reinsurance Placement Manager based in our London office reporting to our Head of Outwards Reinsurance Placement. This role will support the successful placement of all outwards reinsurance across Hamilton Global Specialty (HGS). HGS is our multi-platform, specialty insurer operating primarily through a Lloyd’s Syndicate and Dublin operating company with a managing general agency in the US.
Key Responsibilities
- Lead and support placement of all outwards reinsurance for HGS
- Manage key relationships with brokers, reinsurers, and internal stakeholders
- Ensure high-quality renewal submissions, marketing materials, and post-placement processes
- Oversee reinsurance business planning inputs and counterparty security monitoring
- Maintain contract wordings, risk, audit, and compliance standards
What you will do
- Outwards Placement & Execution
- Manage placement timelines and ensure all facultative and treaty purchases meet internal and external standards
- Maintain strong broker and reinsurer relationships, sharing updates on underwriting and purchasing appetite
- Coordinate with Underwriting, Claims, Finance, Exposure Management, RI Operations, FP&A, and R&A to ensure consistent understanding of structures and key changes
- Renewal Preparation
- Support preparation of renewal submissions and marketing materials with the Head of Outwards Reinsurance Placement
- Oversee smooth handover to Reinsurance Operations and ensure all reporting requirements are completed
- Business Planning
- Produce outwards premium estimates at treaty/class level with commentary
- Align assumptions and outputs with FP&A, management, and underwriting teams
- Counterparty Security & Governance
- Manage reinsurer security monitoring and prepare reports for key groups such as the Ceded Reinsurance Working Group
- Recommend improvements to strengthen the counterparty security framework
- Ensure compliance with audit, SOX, Lloyd’s, and internal risk requirements, and track performance against placement targets
- Contract Wordings & Coverage
- Work with brokers and internal wordings counsel on all outwards contract wordings and manage wording change requests with underwriters
- Identify and address DICs between inwards and outwards business
- Communicate special acceptance requests to brokers and the market to maintain intended coverage
What you require for the role
- Previous experience in the successful placement of outwards covers within a specialty insurer/reinsurer
- Strong experience managing relationships with brokers, reinsurers and internal stakeholders
- Ability to productively leverage data and technology
- Proficient in the use of software such as Microsoft Office, Power BI and SQL
- Open, innovative and inclusive mindset
- Collaborative spirit
- Results-oriented and growth mindset
What you can expect from us
At Hamilton, we offer a vibrant, entrepreneurial and collaborative workplace shaped by our values: Be Smart, Be Sensible, Be Open and Be More. Our employees consistently say they would recommend Hamilton as a great place to work — a testament to the inclusive, supportive, and empowering culture we’ve built together. We embrace individuality, value diverse perspectives, and recognise the unique contribution each person makes to our continued success.
Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world. Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US and Dublin.
Outwards Reinsurance Placement Manager employer: Hamilton Insurance Group, Ltd.
Contact Detail:
Hamilton Insurance Group, Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Outwards Reinsurance Placement Manager
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. Building relationships with brokers and reinsurers can give you the inside scoop on job openings and help you stand out.
✨Tip Number 2
Show off your skills! Prepare a portfolio that highlights your previous successes in outwards reinsurance placement. Use data and examples to demonstrate how you've managed relationships and achieved results.
✨Tip Number 3
Be proactive! Don’t just wait for job postings to appear. Reach out directly to companies you admire, like Hamilton, and express your interest in potential opportunities. A little initiative can go a long way!
✨Tip Number 4
Stay updated on industry trends! Follow relevant news and reports to keep your knowledge fresh. This will not only prepare you for interviews but also show potential employers that you're genuinely interested in the field.
We think you need these skills to ace Outwards Reinsurance Placement Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Outwards Reinsurance Placement Manager role. Highlight your experience in managing relationships with brokers and reinsurers, and showcase any relevant data and technology skills you have. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your previous experiences make you a great fit. Don’t forget to mention your collaborative spirit and results-oriented mindset, as these are key to our culture at Hamilton.
Showcase Your Achievements: When detailing your past roles, focus on specific achievements that demonstrate your ability to successfully place outwards covers. Use metrics where possible to quantify your success, as we love seeing results-driven candidates who can leverage data effectively.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes directly to us. Plus, it shows you’re proactive and keen to join our vibrant team at Hamilton!
How to prepare for a job interview at Hamilton Insurance Group, Ltd.
✨Know Your Stuff
Make sure you brush up on your knowledge of outwards reinsurance and the specific responsibilities of the role. Familiarise yourself with Hamilton Global Specialty's operations, especially their approach to managing relationships with brokers and reinsurers.
✨Showcase Your Relationships
Be ready to discuss your experience in managing key relationships. Prepare examples of how you've successfully collaborated with brokers and internal stakeholders in the past, highlighting your ability to maintain strong connections and communicate effectively.
✨Data is Your Friend
Since the role involves leveraging data and technology, be prepared to talk about your proficiency with tools like Microsoft Office, Power BI, and SQL. Share specific instances where you've used data to drive decisions or improve processes in your previous roles.
✨Embrace the Culture
Hamilton values an open and collaborative mindset, so be sure to express your alignment with these values during the interview. Share examples of how you've contributed to a positive team environment and how you can bring that spirit to their workplace.