Head of Liability

MSIG Europe; Rotterdam, Den Haag; On-site; EUR 180,000 - 260,000; Part time

Job summary

MSIG Europe is seeking a Head of Liability Netherlands to lead the liability underwriting team and set the strategic direction for the class in the Netherlands. The role is based in Amstelveen and focuses on delivering financial targets and supervising relationships with brokers, reinsurers and major clients.

The position requires a Master’s degree and at least 10 years of relevant experience, with fluency in Dutch and English.

Qualifications

• Master / academic degree.
• ≥10 years of relevant experience.
• Fluency in Dutch & English.

Responsibilities

• Develop the strategy for the assigned class and ensure planning, management, execution and optimisation of the activities within the assigned class, in line with authority letters, underwriting guidelines, MSIG acceptance policy and MSIG reinsurance policy, to realise financial and commercial targets.
• Lead the Liability underwriting team of 16 persons.
• Serve both binder and bourse business, local and multinational, middle‑market and major clients across broad industries.
• Class strategy: develop, implement and monitor strategy and planning for the assigned class to achieve objectives.
• Product development and market development: translate market developments into products, policy conditions and acceptance policy to build a profitable portfolio.
• Portfolio management and acquisition: prepare commercial offers and advise end customers and brokers during acquisition to retain and win clients.
• Underwriting: analyse, assess and price risks based on authority letters, underwriting guidelines, policy conditions and relevant criteria for risk acceptance and pricing.
• Re‑underwriting: assess risks of continuing a policy after a claim to determine premium and policy adjustments.
• Relationship management: develop and maintain sustainable relations with customers, brokers, reinsurers and other stakeholders.
• Knowledge development: build and share knowledge on class, market, technique and laws to improve underwriting quality and innovation.

Skills

Dutch language fluency

English language fluency

Education

Master / academic degree

Job description

Head of Liability Netherlands

Location: Amstelveen

Division: Liability

Reports to: Underwriting Director Netherlands

Responsibilities

• Develop the strategy for the assigned class and/or customer segment and ensure planning, management, execution and optimisation of the activities within the assigned class, in line with authority letters, underwriting guidelines, MSIG acceptance policy and MSIG reinsurance policy, to realise financial and commercial targets.
• Responsible for yearly premium income of €100 million.
• Lead the Liability underwriting team of 16 persons.
• Serve both binder and bourse business, local and multinational, middle‑market and major clients across broad industries.
• Class strategy: develop, implement and monitor strategy and planning for the assigned class to achieve objectives.
• Product development and market development: translate market developments into products, policy conditions and acceptance policy to build a profitable portfolio.
• Portfolio management and acquisition: prepare commercial offers and advise end customers and brokers during acquisition to retain and win clients.
• Underwriting: analyse, assess and price risks based on authority letters, underwriting guidelines, policy conditions and relevant criteria for risk acceptance and pricing.
• Re‑underwriting: assess risks of continuing a policy after a claim to determine premium and policy adjustments.
• Relationship management: develop and maintain sustainable relations with customers, brokers, reinsurers and other stakeholders.
• Knowledge development: build and share knowledge on class, market, technique and laws to improve underwriting quality and innovation.

Operating Environment and Context

Responsible for a large book of business, ensuring all underwriting processes are embedded, optimised and monitored.

Key areas: Strategy, Business Planning, Class Strategies and Reviews, Technical Pricing, UW Guidelines, Line Guides, Product Development, UW Authorities, Portfolio Management & Acquisition, Underwriting & Re‑underwriting, Relationship Management, Development of Knowledge, Personal & Organisation and Management Information.

Requirements

• Master / academic degree
• ≥10 years of relevant experience
• Fluency in Dutch & English