Position Details

Responsibilities

• Scale the organization prudently by building an internal and external team
• Design workflow, processes, and reporting to manage dozens and then hundreds of cedents/treaties in as short a time as possible to prudently scale the organization
• Work with reinsurance brokers on placement design, coverage and capacity, pricing, potential coverage enhancements and the negotiation of terms and conditions
• Act as a primary point of contact with insurtechs, cedents, and reinsurance broking teams to respond to queries and concerns

Key Deliverables

• Build an internal core team and a broader panel of independent actuaries to be able to assess cedent books/submissions efficiently
• Manage reinsurance treaties and operations with cedents and ensure Bermuda Monetary Authority (BMA) compliance
• Lead/Contribute to sector/cedent lead flow and business development process (dependent on background/seniority of the candidate)
• Contribute to risk capital provider acquisition offering (risk/reward tranche selection)

Qualifications

• 5 -10+ years of reinsurance experience
• Bachelor’s degree or equivalent experience required
• Strong underwriting acumen including an understanding reinsurance structures, policy forms, and actuarial concepts
• Proven ability to lead, manage and develop others
• Additional industry-specific study and designations (CPCU, ARe) a plus

Skills and Attributes

• Proven ability to work as part of a highly productive team
• Utilize first principles thinking in problem solving and workshopping with broader team(s)
• Ownership and accountability of work output, meeting deadlines and deliverables
• Strong sense of self and confidence in skillset
• High empathy/EQ and an analytical mindset
• Excellent written and verbal communication skills
• Sound technology skills