Reinsurance Lead

1 month ago


London, Greater London, United Kingdom Liberty Specialty Markets Full time
About the Role:

We are seeking a highly skilled Reinsurance Lead to join our team at Liberty Specialty Markets. As a key member of our Global Risk Solutions team, you will be responsible for the end-to-end placement of our short-tail reinsurance treaties, working closely with business leaders to understand our globally written insurance lines.

Key Responsibilities:
  1. Manage the production and analysis of data required for modeling and pricing suitable reinsurance products.
  2. Clearly document and communicate reinsurance treaty terms to all necessary departments, including Finance, Operations, and Actuarial.
  3. Collaborate closely with the Outwards Reinsurance Operations team to ensure accurate and timely handoff of reinsurance structures.
  4. Work closely with Underwriting, Finance, Actuarial, Capital Management, Exposure Management, and Claims teams to ensure a comprehensive understanding of all Reinsurance Treaties.
  5. Produce, verify, and formalize ceded metrics sheets independently.
  6. Provide initial reinsurance strategy suggestions for all long tail placements based on ceded metrics and deep business knowledge acquired through engagement with underwriters.
  7. Develop, maintain, and communicate appropriate reports for reinsurance monitoring purposes.
  8. Contribute to the review of regulatory reports, such as Solvency II forms, demonstrating a thorough understanding of regulatory requirements.
  9. Run various annual reinsurance renewal processes, including data submission preparation and review, and delivery of the reinsurance placements.
  10. Maintain the various internal reinsurance allocation models.
  11. Coordinate annual internal and external reinsurance planning.
  12. Ensure appropriate reports are developed, maintained and communicated to assist reinsurance monitoring.
About Liberty Specialty Markets:

Liberty Specialty Markets is a leading global insurer, offering a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets. Our people are key to our success, and we are committed to their career development and well-being.

What We Offer:
  • A vibrant and inclusive environment that promotes diversity, equity, and inclusion.
  • A supportive culture that prioritizes work-life balance and flexible working arrangements.
  • Opportunities for career growth and development, including mentoring and training programs.

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