Outwards Reinsurance Placement Manager

About us

The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business. We have built our name on a 40-year track record of outperformance, and we continue to beat the market in our underwriting and returns. More information on The Fidelis Partnership can be found at

The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.

Role Overview

This role will be an essential part of the Outwards Reinsurance Placement & Analytics team, reporting to the Head of Ceded Reinsurance. The Placement Manager’s role is to support and help lead the wider Ceded Reinsurance team in pre- and post-placement analysis and placement of Fidelis group’s Bespoke and Specialty (B&S) outwards reinsurance program including the full spectrum of Specialty Lines (Marine, Energy, Terror, Aviation and Whole Account) but with lots of opportunity to also work on Property, Credit, Casualty and Retro.

The incumbent is expected to possess a strong level of insurance systems and data knowledge and a very strong understanding of technical Outwards RI concepts, allowing them to lead both large placements and smaller proportional and non-proportional placements, as well as providing high quality data and analytical insight and contributing to the Outwards RI project workstream.

Role Responsibilities

• Lead placement for B&S treaty contracts including MGA specific covers, owning end-to-end contract lifecycle
• Assist the Outwards Reinsurance team with the placement process of larger B&S treaty placements
• Work alongside Underwriting to identify required coverage and contribute to Outwards RI strategy discussions on B&S
• Provide marketing support including establishing contact lists, preparing presentations, and recording capacity offered
• Build and maintain strong market relationships with brokers and reinsurers
• Work with Risk and Actuarial to compile exposure data for protected classes of business and create submission packs for B&S placements
• Provide high levels of service and ORI technical guidance to ORI Operations, Underwriting, Actuarial and Finance teams
• Respond promptly to reinsurer and broker queries
• Assist in the production of reinsurer stats, programme summaries and schematics
• Drive production of high-quality MI and variance analysis to support reporting and placement of reinsurance programmes
• Contribute to the Outwards RI workstream of the Business Transformation project
• Assist with broker meetings, providing reinsurers security review, brokerage stats etc
• Assist with the peer review of certain tasks carried out by colleagues
• Undertake any reasonable duties as may be requested by the Outwards Reinsurance Team

Skills & Experience

• University degree, preferably in a numerate field (finance, statistics, economics, mathematics, etc.)
• 5+ years’ experience in a similar role
• A strong level of insurance and reinsurance knowledge required.
• Strong knowledge of the Microsoft Suite of applications with Excel skills such as iterative formulae (nested ifs), multi-criteria lookups (index, match), sumifs and pivot tables. Power query/VBA/SQL experience a plus, but not required.
• Strong analytical and organizational skills
• Ability to work effectively as part of the Outwards Reinsurance Team as well as with other key stakeholders across different functions within the organization.
• Ability to work under pressure and handle a varied, fluctuating workload.

The Fidelis Partnership Ethos

Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.

• Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
• Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
• Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution
• Unite – We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
• Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.

Diversity, Equality & Inclusion

Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership successes. This will be driven by a workforce that embraces Diversity and Inclusion at every level, in every department across The Fidelis Partnership.