Head of Motor Reinsurance

Everest; London; Hybrid; GBP 90,000 - 120,000; Full time

Job summary

A leading global reinsurance provider is seeking a Head of Motor Reinsurance in London. This role involves managing a significant reinsurance portfolio, building relationships with brokers, and leading a team. The candidate should have substantial experience in the London Motor (re)insurance market and possess strong communication and relationship management skills.

Benefits

Dynamic training & professional development

Generous tuition/continuing education reimbursement

Flexible work arrangements

Mentoring opportunities

Qualifications

• Significant experience within the London Motor (re)insurance market is essential.
• Strong broker relationships.

Responsibilities

• Profitably manage and develop a significant London Market Motor Treaty Reinsurance portfolio.
• Serve as the primary link with the Actuarial team on pricing and reserving matters.
• Assist in managing, training and mentoring underwriting Assistants and junior colleagues.

Skills

Communication

Relationship Management

Risk Assessment

Job description

Title:Head of Motor Reinsurance

Company:Everest Advisors (Uk), Ltd.

Job Category:Underwriting

Job Description:

About Everest:

Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.

Role Purpose:

The purpose of the role is to represent Everest as a lead market in this class of business. You will be expected to build and maintain core relationships with brokers and clients whilst assessing the suitability of risks under the supervision of the CUO giving consideration to cycle management, future trends and ultimately profitability.

Team Overview:

The role is supported by a Deputy Underwriter and the core priority of the team is to profitably manage and develop a significant London Market Motor Treaty Reinsurance portfolio

Key Accountabilities:

• Profitably manage and develop a significant London Market Motor Treaty Reinsurance portfolio. An ability to lead and influence terms is paramount both on a Proportional and Excess of Loss basis. The role requires a blend of both technical expertise and experienced relationship management and the candidate should be equally comfortable liaising with actuarial colleagues or meeting senior representatives of clients and brokers.
• Work with our colleagues across other business units to opine and advise on Motor opportunities throughout the organisation.
• To maintain a focus on building and strengthening Everest's relationships with ceding companies and brokers.
• To serve as the primary link with the Actuarial team on both pricing and reserving matters.
• Manage accumulations across the group, reporting appropriately and in a timely fashion to the London Executive Committee and Head Office.
• Contribute to underwriting meetings, quarterly business reviews, business planning and annual strategy meetings.
• Travel and audit as appropriate.
• Assist in managing, training and mentoring underwriting Assistants and junior colleagues.
• The role is London based but candidate would be expected to liaise closely with colleagues worldwide throughout the group.

Professional Experience:

• Significant experience within the London Motor (re)insurance market is essential
• Strong broker relationships
• Ideally have experience managing and developing individuals

Skills, Abilities & Competencies:

• A good understanding of the technical assessment of risk in this class
• In depth knowledge of the class and keeping on top of key developments within it
• Clear and concise communication, both written and spoken
• Collaborative mindset
• Strong relationship management abilities
• Willingness to share knowledge and use their experience to coach others

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.

• Our Valuesare the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:

RegularTime Type:

Full timePrimary Location:

London