Head of Ceded Placement
3 days ago
Head of Ceded Placement
Location: London
Who We Are:
SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as ‘One SiriusPoint’, to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.
We have underwriting hubs in Bermuda, Liege, London, New York, Zurich, and Stockholm, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.
Join Our Team:
You will be our Head of Ceded Placement for International and a key member of our Ceded Reinsurance team. You will report to the Global Head of Ceded Reinsurance.
Your responsibilities will include:
- Work in conjunction with Global Head of Ceded Re to develop and implement the reinsurance purchasing strategy.
- Accountable for placement outcomes that should meet SiriusPoint’s agreed objectives and be compliant with governance and regulatory requirements.
- Manage overall placement processes from beginning to completion of placement ensuring orderly and successful placement subject to governance / approvals on reinsurance purchasing.
- Responsible for production of RI submissions.
- Manage requested data calls from Brokers/Reinsurers.
- Regularly engage internally with business colleagues and externally with local relationships.
- Review reinsurance documents for completeness in accordance with negotiated terms & conditions and Contract Certainty requirements.
- Monitor adherence to purchasing protocols.
- Maintain the Lloyd’s relationship and more specifically the oversight of various Lloyd’s returns; Ensure Regulatory Requirements met.
- Additional duties as required.
Your Skills and Abilities Should Include:
- Strong knowledge of Property & Casualty & Specialty lines.
- Broad network of relationships.
- A minimum of 7 – 10 years of Reinsurance buying or related experience.
- Knowledge of reinsurance contract wordings.
- Excellent communication skills.
We Achieve More Together:
We value and support the unique voices, backgrounds, lifestyles, and contributions of a diverse global employee base that contributes to our culture every day. Diversity, Equity, Inclusion and Belonging (DEI&B) is imperative to our success.
We are building an environment that imbeds DEI&B into everything we do and enables us to unlock critical drivers of equality, innovation and success. We want everyone to be included, valued, respected and supported to unleash their full potential.
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