Risk Funding - Head of Retro

Various Locations
competitive salary with excellent benefits
Feb 19, 2019
Apr 02, 2019
Job Type
Full Time
Career Level

A global reinsurer is seeking a Head of Retro to manage the design, structuring and execution of retrocession transactions globally for the company.

Key Duties & Responsibilities:

Manage the design and execution of retrocessions including traditional and alternative risk transfer solutions

Design and implement retro strategy that is accretive to company’s gross to net results and assists in achieving portfolio goals

Integrate with underwriting to ensure retro strategy supports company’s portfolio and top line growth plans

Partner with key underwriters in company to design and evaluate potential retrocession opportunities

Strong knowledge of (re)insurance and retro structuring, including solutions sourced from both traditional as well as alternative capital markets

Strong analytical and organizational skills

Strong negotiation and interpersonal communication skills

Ability to develop relationships with both distribution partners and retrocessionaires

Ability to multitask and coordinate with various internal and external stakeholders

Experience with drafting and negotiating legal documents

Manage relationships with markets and distribution partners to evaluate new opportunities

Coordinate with other members of Risk Funding to integrate retro into the broader risk transfer program across the company

Other desired skills and characteristics:

Actuarial and/or reinsurance/retro underwriting or brokerage background is a plus

Strong quantitative skills and experience in constructing retro programs and executing specific transactions