At a Glance
- Tasks: Drive growth in Life & Health transactions and develop innovative reinsurance solutions.
- Company: Join Swiss Re, a leader in bespoke reinsurance transactions.
- Benefits: Competitive salary, hybrid work model, and inclusive culture.
- Other info: Opportunity to return to work after a break and embrace sustainability.
- Why this job: Shape the future of reinsurance while collaborating with senior leaders.
- Qualifications: 8+ years in Life & Health re/insurance and strong stakeholder influence skills.
The predicted salary is between 63000 - 77000 £ per year.
About the role
We're looking for a strategic and proactive Business Development Manager to help drive growth in our Life & Health (L&H) transaction business, with a particular focus on Structured and Financial Solutions and Full Risk Transfer Transactions.
About the Team
Swiss Re Life & Health partners with insurers on bespoke reinsurance transactions that address capital, financial market challenges and risk transfer.
The L&H Business Development team sits at the front end of this transaction value chain.
We identify emerging transaction opportunities, develop origination strategies together with our Market Units, Transaction Teams and clients to turn market insights into innovative reinsurance solutions.
This role offers significant exposure to senior leaders across Market Units and Transaction teams, providing the opportunity to influence strategic priorities and shape the future direction of our Life & Health transaction business.
You'll help anticipate where the market is heading and shape the next generation of transactions through strategic initiatives and proactive client engagement in close collaboration with originators and structurers.
- Our work focuses on three key areas
- Transform market trends into transaction opportunities. Turn developments across insurance, capital markets and regulation from client needs into concrete transaction leads.
- Drive proactive transaction origination.
Proactively identify and target new opportunities across assigned markets, develop related commercial narrative and foster engagement aligned to clients' capital, financial and risk management needs.
- Advance strategic growth initiatives.
Support high-priority Business Unit initiatives and strategies that expand our transaction franchise, strengthen origination capabilities and shape the future of reinsurance transactions.
- Your Key Responsibilities
- Develop new Life & Health reinsurance transaction opportunities across UK & Ireland, EMEA and selected global markets, with a focus on Structured and Financial Solutions and Full Risk Transfer transactions.
- Partner with Transaction Originators, Structured Solutions, Market Units and other technical experts to shape and drive origination of innovative reinsurance transactions.
- Create deep understanding of clients' strategic, capital and financial objectives, and shape differentiated value propositions that address their evolving needs.
- Anticipate regulatory, macroeconomic and industry developments and translate market insights into commercially compelling transaction opportunities and client propositions.
- Influence and collaborate across Swiss Re to strengthen our transaction capabilities, develop new client solutions and advance our transaction proposition.
- Act as a senior contributor, building trusted relationships across internal and external stakeholders while driving strategic initiatives without direct people management responsibility.
You will report directly to the Head of L&H Business Development.
What We're Looking For
- 8+ years of experience in Life & Health re/insurance, with proven experience in complex reinsurance or capital solutions transactions.
- A proactive, entrepreneurial mindset with a passion for identifying opportunities, pushing boundaries, developing business cases and creating long-term client value.
- Demonstrated ability to translate complex technical concepts into commercially compelling client propositions and strategic business opportunities.
- Proven ability to influence senior stakeholders and collaborate effectively across multidisciplinary teams, including client markets, structuring, underwriting and actuarial functions.
- Strong technical expertise in actuarial, capital management, structured solutions or financial reinsurance, combined with a commercial mindset.
- Solid understanding of Life & Health reinsurance products in UK&I or EMEA.
- Strong understanding of reinsurance treatment under Solvency II, IFRS and/or other relevant capital or accounting frameworks.
- Bachelor's degree in Actuarial Science, Mathematics, Finance, Economics or a related discipline.
Compensation & Work Model
The salary range for this position is GBP 90,000 - GBP 134,000 (full-time equivalent), depending on experience, qualifications, skills, and the scope of the role.
We operate a hybrid working model, with a minimum of three days per week in the office.
Equal Opportunity Statement
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking.
We embrace a workplace where everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
We may use AI-powered tools to support the review and evaluation of applications for this position.
These tools provide additional insights to our recruitment teams, but all hiring decisions are carefully reviewed and made by people.
To learn more about how we use AI in recruitment and how we handle your personal data, please review our Data Privacy Statement before applying.
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Business Development Manager employer: Hispanic Alliance for Career Enhancement
The Hispanic Alliance for Career Enhancement is an exceptional employer, offering a dynamic work culture that prioritises employee well-being and professional growth. With a strong commitment to compliance and safety, this role provides the opportunity to lead impactful EHS initiatives across the UK, fostering a collaborative environment where your expertise will be valued and developed. Join us to make a meaningful difference while advancing your career in a supportive and innovative setting.
Contact Details:
Hispanic Alliance for Career Enhancement Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager
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