Head of Surety, North America
Location
Stamford, CT | United States
Job description
PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.
Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.
Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:
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Job Description
About this role:
PartnerRe is known leader in the Surety reinsurance space in North America and globally. Our Portfolio is a diverse mix of clients in the national, regional and specialty segments. we maintain leadership positions across the industry. Our value proposition to our clients is our customer service, technical underwriting and willingness to find optimal solutions for our clients
In this leadership role - you will lead Surety North America (NA), reporting to Head of Financial Risks
Specific job responsibilities include:
- The role is to effectively execute PartnerRe’s Group underwriting strategy, build, develop and manage client and broker relationships and portfolio of contracts in North America in order to generate target return on capital deployed for Surety North America
- Handle results-oriented underwriting by building-up, developing and monitoring a technically sound and profitable portfolio, this includes pricing in coordination with Pricing Actuaries and ensuring that all underwriting actions and decisions are properly documented
- Acquire and maintain new profitable business in the respective business line
- Provide a senior market presence and continue to build the PartnerRe brand with key clients and brokers
- Support and foster a culture of agility, high performance, client centricity and solution- oriented decision making
- Represent PartnerRe at market events, underwriting file reviews and workshops
- Ensure compliance with underwriting guidelines and procedures.
- Work in concert with other PartnerRe Financial Risk underwriters to manage global accounts for consistency of approach and outward messaging
- Support portfolio management and exposure/risk accumulations according to corporate guidelines.
- Interact effectively with other departments, namely: Actuarial, Global Accounts, Claims, Reserving, Technical Accounting, Legal & Compliance and Underwriting Office
- Handle administrative tasks, including review of contractual documents and endorsement requests, data input, maintain data quality of portfolio, etc.
- Analysis and monitoring of market trends, economic and legal developments and assess impacts to PartnerRe
Qualifications
About you:
- Proven track record and a minimum of 10 years reinsurance/insurance underwriting experience in North American Surety. Primary Surety market experience is a plus.
- Portfolio management and optimization experience with demonstrated ability to execute strategy in line with Surety NA risk appetite
- Strong understanding of market trends, and application of such to identify improvement opportunities
- Experience working in a diverse and multicultural environment
- Solid commercial, negotiation and communication skills
- Proven ability to deliver on defined targets and goals
- Understanding of treaty pricing and reinsurance structuring
- Self-motivated attitude with a high level of energy; Ability to be an effective lead team and develop others
- Proficient skills in MS Excel, Powerpoint and Salesforce
- Adaptable, open for new ideas and technology
- Willingness to travel
Additional Information
All your information will be kept confidential according to EEO guidelines.
PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.
Thank you,
PartnerRe Hiring Team
Job tags
Salary
