At a Glance
- Tasks: Lead and innovate in the dynamic field of cyber reinsurance.
- Company: Join a forward-thinking company at the forefront of risk management.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Be part of a diverse team driving innovative solutions in reinsurance.
- Why this job: Shape the future of cyber risk solutions and make a real impact.
- Qualifications: Proven leadership in cyber insurance and strong client relationship skills.
The predicted salary is between 63000 - 77000 £ per year.
We are seeking an exceptional market leader to join the business as Global Head of Cyber Reinsurance.
This is a senior leadership role with responsibility for defining and executing our cyber reinsurance strategy, leading and developing our cyber proposition, and delivering outstanding outcomes for clients in one of the most dynamic and strategically important areas of the reinsurance market.
The successful candidate will combine deep cyber and reinsurance expertise with strong commercial leadership, exceptional market relationships and a track record of originating and growing client relationships.
Working closely with broking, analytics, catastrophe modelling, actuarial and client relationship teams, the Head of Cyber Reinsurance will ensure that clients benefit from the full breadth of Willis Re’s capabilities, insight and market access.
Key Responsibilities
- Strategy & Business Leadership
- Define and execute the global/UK cyber reinsurance strategy, aligned with the wider business strategy and growth ambitions.
- Identify opportunities for growth across existing and prospective clients, geographies, products and distribution channels.
- Build a differentiated and market-leading cyber reinsurance proposition.
- Monitor emerging cyber risks, market capacity, pricing dynamics and structural developments, translating these into actionable opportunities for clients and the business.
- Represent Cyber within senior leadership discussions and contribute to the broader strategic direction of the reinsurance business.
- Client Leadership & Growth
- Act as a senior strategic adviser to insurers, reinsurers and other key stakeholders on cyber risk and reinsurance strategy.
- Lead and support the acquisition of significant new cyber reinsurance mandates.
- Deepen relationships with existing clients, identifying opportunities to broaden the range of solutions and services provided.
- Lead complex client engagements, renewal strategies and senior-level negotiations.
- Develop Willis Re’s profile with senior decision-makers including CEOs, CUOs, Heads of Cyber, Heads of Reinsurance and Boards.
- Broking & Market Leadership
- Lead the development and execution of sophisticated cyber reinsurance placements, including proportional and non-proportional structures and innovative risk-transfer solutions.
- Maintain strong senior relationships with key global reinsurers, capital providers and other market participants.
- Drive optimal outcomes for clients through market insight, effective negotiation and creative programme design.
- Partner with analytics and modelling teams to ensure broking recommendations are supported by robust quantitative analysis.
- Anticipate shifts in appetite and capacity across the reinsurance market and position clients accordingly.
- Innovation & Thought Leadership
- Shape Willis Re’s point of view on emerging cyber exposures, accumulation risk and systemic cyber events.
- Partner with analytics, actuarial and modelling specialists to develop innovative approaches to cyber risk quantification and portfolio management.
- Identify opportunities for alternative capital, structured solutions and new forms of cyber risk transfer.
- Build Willis Re’s external profile through client events, industry forums, conferences and thought leadership.
- Translate market developments into commercially relevant insights for clients.
- People Leadership
- Build, Lead, develop and inspire a high-performing cyber team.
- Build succession and capability across the team, creating opportunities for future leaders.
- Foster a collaborative culture across broking, analytics, client management and adjacent specialty practices.
- Attract and retain high-calibre cyber reinsurance talent.
- Create an inclusive, performance-led environment with clear accountability for client, growth and colleague outcomes.
Experience & Skills
Essential
- Previous experience of leading a cyber, specialty or reinsurance team or practice.
- Significant experience within cyber insurance/reinsurance, reinsurance broking or a closely related specialty market.
- Deep understanding of the global cyber insurance and reinsurance market.
- Strong technical understanding of reinsurance structures and programme design.
- Demonstrable experience of leading complex negotiations and delivering successful client outcomes.
- Proven ability to originate, develop and retain significant client relationships.
- Established senior relationships across the reinsurance market.
- Strong commercial acumen with evidence of delivering revenue growth.
- Credibility with senior insurance executives and the ability to operate effectively at Board and C-suite level.
- Strong people leadership and talent-development capability.
- Excellent communication, influencing and presentation skills.
- Advantageous
- Exposure to cyber catastrophe modelling, aggregation management and portfolio analytics.
- Knowledge of alternative capital and structured reinsurance solutions.
- Experience operating across multiple international insurance markets.
- Relevant insurance, reinsurance, actuarial or risk qualifications.
- About Willis Re
We combine specialist broking with analytics, modeling and research to help insurers optimize risk transfer, strengthen balance sheets and achieve sustainable growth.
Our approach is relationship-driven, transparent and outcome-focused.
At the heart of Willis Re is a focus on delivering the most cutting-edge analytical solutions to enable more informed, better decision-making for risk selection, portfolio optimization, and capital management.
The launch of Willis Re brings a strategic advantage of being unhindered by legacy, an ability to leverage data, statistical models and advanced technologies with the best knowledge and expertise to deliver more efficient and effective reinsurance outcomes.
This places Willis Re in a unique position to build a truly analytically driven business, focused on creating solutions for the reinsurance industry that are future led and forward thinking.
Willis Re will also leverage recognized technical expertise from WTW’s Insurance Consulting & Technology business including their advanced modeling and analytical capabilities.
Alongside this will be WTW’s Research Network, an award-winning business supporting and influencing science to improve the understanding and quantification of risk.
Willis Re is committed to embracing a diverse, inclusive, and flexible work environment.
We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation, or any other legally protected categories.
If you have a need that requires accommodation, please email us at talentacquisition@willisre. com
MD, Global Head of Cyber Reinsurance employer: Willis Re
Willis Re is an exceptional employer that prioritises a diverse and inclusive work environment, offering employees the opportunity to engage in meaningful work that drives strategic growth in the reinsurance sector. With a strong focus on professional development, employees benefit from advanced analytical resources and collaborative teamwork, ensuring they are well-equipped to excel in their roles while fostering strong relationships with clients and global reinsurers. Located in a dynamic market, Willis Re provides a unique platform for career advancement and innovation in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land MD, Global Head of Cyber Reinsurance
✨Dive Into Industry Networking Events
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We think you need these skills to ace MD, Global Head of Cyber Reinsurance
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 Willis Re.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Willis Re. 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 Willis Re
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Willis Re 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 Willis Re, 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 Willis Re'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.
