At a Glance
- Tasks: Lead MGA & Facilities governance, ensuring compliance and commercial execution across global teams.
- Company: Join Swiss Re Corporate Solutions, a leader in reinsurance and insurance solutions.
- Benefits: Competitive salary, performance bonuses, hybrid work model, and diverse global benefits.
- Other info: Opportunity for career growth in a supportive, global environment.
- Why this job: Shape the future of underwriting governance while working with innovative technology and a dynamic team.
- Qualifications: 10+ years in MGA governance, strong leadership, and excellent communication skills required.
The predicted salary is between 112000 - 168000 £ per year.
Are you an MGA & Facilities expert with a passion for underwriting governance and bringing structure and clarity to complex delegated authority arrangements? Join our dynamic Underwriting Governance team at Swiss Re Corporate Solutions, where you will own and shape our global MGA & Facilities governance framework, ensuring strong oversight while enabling commercial execution within defined guardrails.
As MGA & Facilities Lead Underwriting Governance, you own the global governance framework for MGAs and Facilities across Swiss Re Corporate Solutions, ensuring consistent and compliant execution across all Market Units and Lines of Business. Acting as the central point of expertise, you set clear standards and guardrails that enable strong commercial execution while ensuring governance expectations are embedded consistently across Underwriting, Operations, and other expert functions.
Key Responsibilities- Act as the global subject matter expert for MGA & Facilities governance
- Own, maintain, and continuously evolve the Global MGA & Facilities Framework, including onboarding, renewals, audits, and outsourcing/compliance requirements
- Serve as the primary interface for control and expert functions, embedding their requirements into the framework
- Provide senior management with transparency on performance, profitability, risk trends and governance adherence
- Oversee the onboarding, audits and renewals of MGAs and Facilities
- Coordinate fronting arrangements for Business Unit Reinsurance, ensuring specific requirements are fully embedded and adhered to
- Provide hands-on governance support and coaching to Underwriting and Operations teams to ensure consistent application of the framework
- Identify improvement opportunities and drive efficiency, control and scalability enhancements
- Stay current on evolving regulatory requirements and integrate them into processes and governance
- Promote the effective use of technology and Generative AI to improve workflow efficiency, insights and reporting
This MGA & Facilities Lead role is part of the Underwriting Governance Team within the Global Underwriting Centre (GUWC) at Swiss Re Corporate Solutions. The GUWC is a global team of more than 50 professionals located across multiple locations, operating at the core of our underwriting function and reporting directly to the Corporate Solutions Chief Underwriting Officer.
About YouYou bring deep expertise in MGA and Facilities governance, complemented by strong underwriting and leadership experience. You operate confidently in a global environment, influencing at all levels and navigating complex, cross-functional environments.
We are looking for candidates who meet these requirements:
- 10+ years' experience in dealing with MGAs and Facilities, with a strong focus on governance, oversight, risk and control
- 10+ years’ experience as direct insurance Underwriter, preferably in Property or Casualty for mid-large international clients
- 5+ years' experience leading global teams and/or complex projects with experience working across global stakeholder groups such as Underwriting, Operations, Claims, Outsourcing, Legal, Compliance and Risk Management.
- Strong understanding of regulatory, compliance and outsourcing requirements relevant to MGAs and Facilities
- Excellent communication and influencing skills with the ability to translate complex governance topics into clear, practical guidance
- Strong commercial acumen, including understanding of underwriting profitability and performance levers
- Demonstrated ability to bring forward new ideas to improve frameworks and processes
- Strong affinity for technology and data, including familiarity with Generative AI applications
- Experience in navigating evolving or ambiguous environments with high levels of ownership and resilience
- Fluency in English, additional languages are a plus
Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week.
For London, the annual base salary range for this position is between GBP 112,000 and GBP 168,000 (for a full-time role). The specific salary offered considers the requirements, scope, complexity and responsibilities of the role, the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience. In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits. Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.
About Swiss Re Corporate Solutions: Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk.
MGA & Facilities Lead Underwriting Governance (Hybrid) in London employer: Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
Swiss Re Corporate Solutions is an exceptional employer that fosters a collaborative and innovative work culture, particularly in the dynamic field of underwriting governance. With a strong emphasis on employee growth and development, we offer comprehensive training opportunities and a hybrid work model that promotes work-life balance. Our London office provides competitive compensation packages and a variety of global benefits, making it an attractive place for professionals seeking meaningful and rewarding careers.
Contact Details:
Swiss Re - Schweizerische Rückversicherungs-Gesellschaft Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land MGA & Facilities Lead Underwriting Governance (Hybrid) 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 Swiss Re - Schweizerische Rückversicherungs-Gesellschaft). 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 Swiss Re - Schweizerische Rückversicherungs-Gesellschaft. 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 MGA & Facilities Lead Underwriting Governance (Hybrid) 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 Swiss Re - Schweizerische Rückversicherungs-Gesellschaft.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Swiss Re - Schweizerische Rückversicherungs-Gesellschaft. 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 Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Swiss Re - Schweizerische Rückversicherungs-Gesellschaft 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 Swiss Re - Schweizerische Rückversicherungs-Gesellschaft, 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 Swiss Re - Schweizerische Rückversicherungs-Gesellschaft'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.
