Functional Area :
UW - UnderwritingEstimated Travel Percentage (%) : Up to 25%Relocation Provided : NoAIG Europe S.A.
Role Profile :
Regional Underwriting Manager of A&H - Europe
Role can be based in any European Country
Role description :
A senior leadership position reporting to the Europe Head of A&H, this position will support development and monitoring of A&H product strategy, P&L, and talent management.
Responsibilities include developing and delivering on underwriting strategic objectives including setting, overseeing adherence to pricing guardrails.
In addition the role will play a vital role to build, drive and implement the A&H business of tomorrow including product development of new risks and support country PD and governance according to global guideline.
The current geographic footprint includes 16 countries.
Execution of the Europe A&H underwriting strategy
Expert understanding of the A&H business model E2E, group and individual product suite, underwriting methodology, and the risks we assume
Drive underwriting excellence across the A&H product line, by establishing and ensuring adherence to risk appetite, line setting, standards and guidelines, and ensure rating and pricing adequacy.
Establish strong relationships with Regional leadership; create mutual understanding of overall product strategy to drive effective execution of business model
Ensure business written within the A&H profit centre is in line Insurance risk policy
Ensure an appropriate pricing strategy is set within the A&H profit centre
Review an implement global underwriting guidelines to set out how strategic objectives are to be executed within the A&H profit centre
Implement appropriate delegations of underwriting authority, and to ensure these are documented, communicated and adherence to these is monitored
Provide leadership and act as referral point for Country Lead Underwriters
Referral point for Home office referrals
Oversight of contractual documentation including policy wording sign-off
Monitor financial performance against strategic objectives and financial metrics
Support to reinsure that reinsurance treaties are in place and to put in place facultative and local treaty reinsurance where required to meet strategic objectives of the A&H profit centre
Ensure that adequate documentation is maintained to meet internal quality control and external regulatory and legal needs
Work with external business partners development of strategic partnerships
Demonstrate understanding of regulatory and compliance processes and actively participate in relevant governance committees
Drive collaborative behaviour with leadership team across the wider business
Location : Continental Europe
Reports to :
Europe Head of A&H
Leadership Skills :
Proven Strategic Leadership skills in developing vision and purpose, driving for results and leading effective teams
Experience of working as part of a senior management team and leading and articulating organisational strategy
Proven ability to manage a broad range of stakeholders
Highly collaborative approach across functions and geographies
Ability to manage and influence in a matrix structure and across a wide geography
Ability to work both independently and collaboratively within a team
Technical Skills and Expertise :
At least 7 years insurance underwriting leadership experience, including oversight over multiple products, channels and geographies including P&L responsibility
Deep expertise in A&H, expert technical underwriting background
Broad and extensive A&H underwriting exposure
An in-depth understanding of aggregation monitoring
Strong analysis skills with proven ability of managing complex data to make sound commercial decisions
Knowledge of market segmentation, portfolio management, acquisition and distribution
Established strong relationships with customers, intermediaries, and regulators
Demonstrated business savvy, analytical and quantitative skills
Up / Down stakeholder management
Managing multi-disciplined teams
Strong leadership and influencing skills at a senior level
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We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
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