Director of Assumed Reinsurance GRS
- Employer
- Liberty Mutual Insurance
- Location
- Stamford, Connecticut
- Salary
- Not Specified
- Closing date
- Mar 4, 2019
View more
- Category
- Operations, Reinsurance
- Job Type
- Not Specified
- Career Level
- Not Specified
Job Details
Responsibilities:
- Annually draft an assumed reinsurance business plan that emphasizes diversified growth, controls aggregate exposures, achieves a return on equity that meets Company standards, and maintains an acceptable level of catastrophe protection.
- Underwrites new and renewal property and/or multiline reinsurance programs that meet department and business plan guidelines. Perform underwriting audits to ensure continued acceptable performance.
- Develop and implement a marketing plan to facilitate profitable growth. Establishes and maintains strong relationships with brokers and reinsurers to secure opportunities compatible with business plan objectives.
- Track and manage aggregate exposures presented by the assumed book so they remain within business plan parameters.
- Collaborates with the Assumed Reinsurance Underwriting Manager to develop underwriting strategies, techniques, and guidelines.
- Serve as a technical resource to the SBUs and Reinsurance Department on underwriting and reinsurance issues.
- Leverage existing broker and reinsurer relationships to generate ceded business opportunities.
- A BA or BS degree with a minimum of 10 years of relevant insurance operations experience to include 4-5 years of commercial underwriting.
- A reinsurance background is strongly preferred. Must have strong oral and written communication skills and experience writing and executing business plans focused on developing and underwriting a portfolio of property and casualty risks generating an acceptable return on equity.
- A solid understanding of reinsurance underwriting, claims, accounting concepts, systems and procedures is desirable.
- Must have strong broker and reinsurer contacts.
- Marketing experience is a plus.
- A familiarity with Liberty's structure, department/SBU functions, and information systems would be beneficial.
Benefits:
We value your hard work, integrity and commitment to positive change. In return for your service, it's our privilege to offer you benefits and rewards that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits
Overview:
At Liberty Mutual, we give motivated, accomplished professionals the opportunity to help us redefine what insurance means; to work for a global leader with a deep sense of humanity and a focus on improving and protecting everyday lives. We create an inspired, collaborative environment, where people can take ownership of their work; push breakthrough ideas; and feel confident that their contributions will be valued and their growth championed.
We're dedicated to doing the right thing for our employees, because we know that their fulfillment and success leads us to great places. Life. Happiness. Innovation. Impact. Advancement. Whatever their pursuit, talented people find their path at Liberty Mutual.
Company
When people have a sense of security, they are free to relax, venture out, and live their lives. This is the feeling Liberty Mutual brings to the world every day. Founded in 1912, we are a global leader in property and casualty insurance, focused on protecting and preserving the lives and dreams of customers in more than 30 countries. With over 50,000 employees throughout the world, we offer you the chance to work for an evolving, growing company with a deep sense of humanity and a commitment to diversity and philanthropy. Join our team and go to work knowing that what you do matters. Because really it does.
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