At a Glance
- Tasks: Lead and manage Casualty insurance and reinsurance underwriting while developing new business opportunities.
- Company: RenaissanceRe, a top player in Property & Casualty Reinsurance with a collaborative culture.
- Benefits: Competitive pay, comprehensive benefits, talent development, and community engagement initiatives.
- Other info: Diversity and inclusion are at our core; we value every individual.
- Why this job: Make a real impact in a fast-paced environment while leading a dynamic team.
- Qualifications: 20+ years of underwriting experience with strong analytical and negotiation skills.
The predicted salary is between 150000 - 200000 £ per year.
Renaissance Re is a leading writer of Property & Casualty Reinsurance.
For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.
Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
Position Summary
Responsible for the production, analysis and underwriting of Casualty insurance and reinsurance business in line with Ren Re appetite.
A key contributor to defining appetite, designing and building portfolios and communicating with key internal and external stakeholders.
They lead by example to garner credibility both inside and outside of the organization.
Act as a trainer, leader and manager, directly or indirectly, of a team of Underwriters and Analysts.
Responsibilities include
- Manage and underwrite a portfolio of casualty Insurance and Reinsurance for the Ren Re European platform.
- Be an integral part of the underwriting process, from initial contact to providing underwriting recommendations on transactions to servicing client requests after the transaction closes.
- Develop new business opportunities.
Work with clients and brokers to determine specific requirements, subsequently structuring products to address those needs (and variants from those needs).
- Collaborate and communicate across Ren Re portfolios, locations and business units, working as part of a global underwriting team.
- Maintain a high level of technical UW expertise for given lines of business and territories.
- Inform internal stakeholders on market trends for given lines of business and territories.
- Manage and assist in projects related to the management and improvement of proprietary Ren Re underwriting and portfolio management tools.
- Maximise the use of, and contribute to the maintenance and improvements of Ren Re risk and underwriting tools and analytics.
- Contribute to and often lead the management of key client and broker relationships.
- Work closely with AVPs, VPs and SVPs in the team to share knowledge and experience.
- Represent Ren Re at various internal and external client/industry events. May include travel where appropriate.
- Anticipate internal and/or external business challenges and recommend process, product or service improvements
- Other responsibilities as designated by the underwriting team.
Qualifications and Experience
- Minimum 20+ years’ experience underwriting Casualty risk, on an insurance/reinsurance basis
- Experience and Expertise in underwriting London Market and International insurance/reinsurance business
- College/University Degree Preferred
- Expertise from a risk, regulatory, contractual, and competitive landscape perspective
- Underwriting experience a must with strong negotiation skills
- Balance of strong analytical skills with relationship management
- Existing relationships in the insurance/reinsurance marketplace
- Proven ability to manage portfolios of insurance/reinsurance, including responsibility for financial results
- Proven ability to manage a team and have strong communication and collaboration skills internally
- Experience in strategic and tactical business planning
Our people are our most valuable resource and core to our success.
This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach.
We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company.
We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion.
Our people are at the heart of everything we do.
We are an equal opportunity employer.
We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
SVP, Head of Casualty UK in London employer: Limited
At Leonardo Hotels, we pride ourselves on fostering a vibrant and inclusive work culture where every team member is valued and empowered. As a Head Chef, you'll not only lead a dynamic kitchen team but also benefit from exceptional growth opportunities through our Senior Chef Programme, alongside perks like special hotel rates and a commitment to your wellbeing. Join us in creating memorable experiences for our guests while enjoying a supportive environment that champions your professional development.
StudySmarter Expert Advice🤫
We think this is how you could land SVP, Head of Casualty UK in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Limited). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Limited. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace SVP, Head of Casualty UK in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
