Reinsurance Lead

3 weeks 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 managing the end-to-end long-tail reinsurance treaty placements, including the production and analysis of data required for modeling and pricing suitable products.

Key Responsibilities:
  1. Manage the reinsurance treaty placement process, ensuring accurate and timely execution of reinsurance structures.
  2. Collaborate closely with the Outwards Reinsurance Operations team to ensure seamless handoff of reinsurance structures.
  3. Work closely with Underwriting, Finance, Actuarial, Capital Management, Exposure Management, and Claims teams to ensure comprehensive understanding of all Reinsurance Treaties.
  4. Develop and maintain reports for reinsurance monitoring purposes, including monitoring FAC RI spend, assessing RI treaty performance, and monitoring credit risk exposure.
  5. Contribute to the review of regulatory reports, such as Solvency II forms, demonstrating a thorough understanding of regulatory requirements.
  6. Run various annual reinsurance renewal processes, including data submission preparation and review, and delivery of the reinsurance placements.
  7. Maintain the various internal reinsurance allocation models.
  8. Coordinate annual internal and external reinsurance planning.
Requirements:
  • Fundamental knowledge of reinsurance.
  • Strong ability to adapt and address unique challenges in collaborative and creative ways.
  • Displays advanced communication, organizational, analytical, critical thinking, and team building skills.
  • Advanced business operations knowledge to include understanding the function's value chain and market conditions.
  • Advanced knowledge of data management and manipulation in MS Excel.
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. We are committed to our values of "Put People First", promoting a vibrant and inclusive environment, and supporting our colleagues' career development.


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