Executive Director – Casualty

Executive Director – Casualty

Requirements

• Relevant Reinsurance experience in at least one or several of the lines of business within casualty
• Excellent organizational, prioritization and interpersonal skills
• Good negotiating skills
• Ability to analyze and use data for decision making
• People management – proven ability to engage and lead a team
• Use of risk profiling, pricing tools and loss models
• Commercial acumen
• Ability to articulate strategic visions of the portfolio
• Significant relevant reinsurance experience
• Experience leading teams
• Tertiary Degree or equivalent combination of education and work experience

Responsibilities

• A member of the QBE ReDex, leadership team responsible for setting and executing the strategic direction for QBE Re
• Product development and management – overseeing the Global Product Committee, which involves the development, management and innovation of specific product to meet strategic goals
• Facilitate collaboration across product underwriters in different regions to leverage Re’s global capabilities and expertise
• Establish and strengthen strong relationships with key stakeholders including cedants, brokers, industry bodies, business partners, retrocession Aires and colleagues, to maximize influence and achieve business objectives
• Create the annual business plans globally for Casualty
• Produce product strategies (including underwriting appetites, tolerances, and guidelines)
• Produce product plan narratives, in line with Group expectations
• Discuss and consider new opportunities and ensure adherence to the New Product Protocol, as required
• Discuss regulatory environment and any required changes in products or related wordings
• Co-ordinate cross-platform deployment of capacity
• Initiate new ideas and concepts to support the development and delivery of the business plan and strategic growth objectives
• Understand and comply with any Retrocession requirements to minimize risk and deliver to business plan objectives
• Establish and communicate appropriate Risk appetites for the product and ensuring that the Underwriting Business areas operate within those limits
• Monitor ongoing adherence to product strategy
• Review performance of product plan post each key renewal season and/or each quarter
• Update on cedant, competitor and broker developments and ensure product strategies remain appropriate in the context of current market conditions
• Proactively conduct Post Event Reviews (PERs) and comment on ‘lessons learned’ and any required response
• Manage all relevant actions arising from any peer and/or independent reviews, including Cell Reviews
• Review and approve materials in advance of submission to both the Performance Management Group (PMG) and Cell reviews
• Ensure awareness of any forthcoming Client / Broker meetings and Conference attendance
• Ensure Global consistency for exposure tracking and RDS management
• Review all relevant accumulations on a quarterly basis against pre-agreed underwriting tolerances and agree required actions
• Lloyds RDS methodology to be agreed by the Product Committees with support of exposure management team
• Monitor and report on progress, identify deviations, recommend and implement remedial action, to achieve business objectives
• Review large and complex referrals; making product specific underwriting decisions within QBE Re Underwriting Governance
• Act as a technical expert to support the identification of issues and opportunities within the product line
• Underwrite reinsurance deals in accordance with the business plan and personal authority

Preferred Qualifications

No preferred qualifications provided.