Head of Ceded Reinsurance

6 months ago

London, United Kingdom AXIS Insurance Full time

This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

How does this role contribute to our collective success?

AXIS Capital is a well-known underwriting organization and a respected reinsurance buyer. This role is an opportunity to contribute to AXIS Capital’s gross and net profitability in a Senior Leadership role. The role has significant profile internally and externally given diverse lines of business written and ceded from AXIS Capital’s London and European offices.

In this role, the Head of Ceded Reinsurance (London) leverages their strong knowledge of specialty, property and casualty lines of business and broad broker and reinsurer networks to inform strategy and execution in support of AXIS Capital’s gross and net portfolio. The Head of Ceded Reinsurance (London) actively engages internally across lines of business and disciplines to support best execution of outwards placement process and relationship management on behalf of AXIS.

The Head of Ceded Reinsurance (London) would report to Global Head of Ceded Reinsurance (located in NYC) and regularly interact and collaborate with colleagues in Ceded Re’s NYC location on shared interests and relationship management.

What will you do in this role?
- Accountable for placement outcomes that should meet AXIS agreed objectives and be compliant with AXIS governance and regulatory requirements.
- Manage a local team located in London office.
- Manage reinsurer relationships and broker relationships locally and in collaboration with AXIS executive leadership, Global Head of Ceded Re, and NYC located colleagues.
- Regularly engage internally with business colleagues and externally with local relationships to provide perspective to AXIS Capital regarding outwards products available.
- Prepare and present presentations to governance committees and as required on ad hoc basis.

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You:
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have:

- Strong knowledge of specialty lines of business and property & casualty lines written in London market.
- Broad network of relationships in London market with brokers and reinsurers.
- A minimum of 10 years of Reinsurance buying, underwriting, or pricing related experience
- Ability to present complex information to leadership in a compelling manner
- Ability to have productive engagement with colleagues in CUO office, within Ceded team, with businesses, and senior and executive leadership.
- Ability to review and identify drafting requirements in respect of reinsurance contract wording.
- Ability to deliver outcomes that reflect stakeholder interests at business and group level.
- Ability to roll up sleeves and diligence details or expedite placement activities in order to get to best execution.
- Excellent communicate (both written and verbal)
- Excellent interpersonal skills and emotional intelligence
- Strong negotiation skills

What we prefer you to have:

- Management experience

Role Factors:
In this role, you will typically be required to:

- Be in the office 3 days per week
- Domestic and International travel required
- Ability and willingness to work outside normal office hours

What we offer:
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.

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