Head of GSI, Specialty Lines Underwriting
4 weeks ago
In order to make an application, simply read through the following job description and make sure to attach relevant documents.Head of GSI, Specialty Lines Underwriting, Greater LondonClient:Location: Greater London, United KingdomJob Category: OtherEU work permit required: YesJob Reference: 33e77d39359cJob Views: 6Posted: 03.03.2025Expiry Date: 17.04.2025Job Description: The RoleAs Head of GSI Specialty Lines Underwriting, you'll be responsible for the following:Implement GSI specific underwriting strategies and application of guidelines through the GSI Underwriting teams.Responding to industry trends and their impacts on GSI portfolio results: when industry, regulatory and Claims events and trends are identified, coordinate consistent Underwriting strategy in terms of policy language, strategic underwriting approach, portfolio management etc.Implementation of the Global Specialty UW strategies and Global UW guidelines, where applicable.Providing thought leadership on Specialty lines topics, and leadership of Specialty lines Underwriting Roundtable. Supporting emerging risk analysis and cross platform initiatives with Specialty lines expertise. Evaluating Specialty Underwriting training needs, ensuring needed underwriting training within GSI is conducted and contributing to Group training initiatives.Ensuring there are measurable standards for Business Unit Underwriting excellence, including KPIs, best practices, UW quality assurance, sufficient underwriting risk controls, appropriate responses to market developments and results monitoring for primary BUs.Coordinating the established Underwriting Strategies and Mandates of the BUs to ensure consistent approaches to risk in the market.Conducting regional portfolio monitoring to identify opportunities for improving short- and long-term profitability of GSI Specialty lines portfolio, including coordination of quarterly exchange between Reserving, Pricing, Underwriting and Claims. Reviewing and coordinating lessons learned analyses of BUs for improvement in UW performance.Implementing quantitative analytics and pricing methodologies for Specialty lines segments which contribute to GSI entities making better underwriting decisions and are consistent with Munich Re's overall approach.Ensuring that the guidance provided by CU Munich, with respect to Specialty lines of business, is well understood throughout GSI; participate in Expert Groups, relevant CU boards, Topic Networks and Consulting Groups, and provide cross-divisional support, advice and assistance for Underwriting activities. Work with BU Underwriting teams to ensure consistent understanding and application of MR guidance.Occasional coordination with Reinsurance colleagues in the various Reinsurance Divisions, including support for Reinsurance underwriting strategy initiatives as needed.Periodic assessment of Specialty lines accumulations across all GSI entities to inform GSI Underwriting Strategy and proactive portfolio management at GSI strategic level.Coordination of budget requests, where needed, to ensure strategy will deliver the highest return opportunities. In instances where model variation introduces ambiguity, reconcile differences and agreements.What we are looking forSuccessful candidates will possess the following skills/capabilities:In-depth knowledge of Insurance Underwriting practices and procedures, skill in analyzing qualitative and quantitative data and decision-making capability.Minimum of 10 years Specialty lines Underwriting of primary business, in a minimum of two specialty classes of business.Experience underwriting MGA/Program business.Experience in London and E&S markets, including commercial lines.Ability to provide clear underwriting intent as it relates to the development of new products.Ability to explain complex insurance and reinsurance concepts to both technical and non-technical audiences.Strong communication, interpersonal, and influencing skills.Excellent presentation skills.Willingness to travel (up to 35% - 45%).Key Skills & ExperienceBS/ BA, advanced degree a plus.Your career with usAt MRSG, you'll find the flexibility, development and support you need to excel your career combined with a competitive salary and a benefits package that promotes wellbeing and work-life balance, on top of the standard features that include a non-contributory pension, private medical care, life assurance and more
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Head of GSI, Specialty Lines Underwriting
4 weeks ago
London, Greater London, United Kingdom TN United Kingdom Full timeSocial network you want to login/join with:Head of GSI, Specialty Lines Underwriting, Greater LondonClient:Location:Greater London, United KingdomJob Category:OtherEU work permit required:YesJob Reference:33e77d39359cJob Views:6Posted:03.03.2025Expiry Date:17.04.2025Job Description:The RoleAs Head of GSI Specialty Lines Underwriting, you'll be responsible...
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Head of GSI, Specialty Lines Underwriting
7 days ago
London, Greater London, United Kingdom TN United Kingdom Full timeSocial network you want to login/join with:Head of GSI, Specialty Lines Underwriting, LondonClient:Location:London, United KingdomJob Category:OtherEU work permit required:YesJob Reference:33e77d39359cJob Views:74Posted:18.02.2025Expiry Date:04.04.2025Job Description:The RoleAs Head of GSI Specialty Lines Underwriting, you'll be responsible for the...
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