Head of Casualty and FinPro APM (80 - 100%)
Posted 9 days 10 hours ago by Swiss Re - Schweizerische Rückversicherungs-Gesellschaft
We are seeking a highly skilled and experienced individual to join our team as the Head of Casualty and FinPro (CasFinPro) Actuarial Portfolio Management. The successful candidate will lead the development and implementation of pricing and portfolio management strategies across the Casualty, Financial and Professional lines of business and manage the overall portfolio to optimise profitability and growth. This role forms part of the Actuarial Portfolio Management leadership team and will report directly to the Head of Global Actuarial Portfolio Management.
You will be responsible for:
- Collaborate with underwriting leadership to support strategy development and prioritise execution strategies. Partner with the portfolio leader to monitor and evaluate existing and new opportunities efficiently to support both growth and remediation activity.
- Drive portfolio management discipline across CasFinPro, ensuring that portfolios have a long-term strategy, detailed business plan, and a monitoring framework and capability that responds to the execution of actions, pricing data, market trends and competitor behaviour.
- Pricing tool development: Take ownership of the Pricing framework and ensure both effectiveness and oversight. Lead the development of Swiss Re's market leading pricing models, ensure these models are calibrated accurately to reflect the latest experience and trends, and work with technology to implement these tools to support CasFinPro underwriting decision making.
- Develop a view on portfolio profitability reflecting the latest market dynamics, rate and loss experience. You will develop initiatives to understand the drivers of profitability using actuarial segmentation analyses and work with the business stakeholders to take advantage of opportunities and mitigate risks.
- Oversee risk management capabilities including:
- Analyse the risk reward characteristics and outwards reinsurance requirements for the CasFinPro portfolio and support the annual outwards program placement.
- Responsibility for capacity management planning, allocation and monitoring across the portfolio.
- Responsibility for exposure reporting and measurement.
- Team management and APM leadership: Manage a diverse team of actuaries and portfolio experts, providing mentorship, guidance, and performance feedback. As a member of the APM management you shall actively contribute to the leadership, stakeholder management and future strategy of Actuarial Performance Management.
About You
- You are likely to be an Actuary with deep Commercial Insurance experience in the Casualty, Financial and Professional Lines space, bringing with you a combination of industry knowledge, business insight and technical skills.
- You are someone who can form strategies to take our vision to reality, being an advocate for driving change. You are comfortable with data and analytical management techniques and have a strong actuarial technical capability; and can both create solutions yourself, and lead and coach others to do so.
- You communicate clearly and simply - even when dealing with complicated problems and ideas - and you do so both orally and in writing. When interacting with colleagues of every level of seniority and experience, you are empathetic and sensitive, and you adjust your communication style to meet the needs of others. You build broad networks of colleagues with strong inter-personal relationships.
- You will have an open-minded, intellectually curious approach to everything you do; and you are likely someone who is continually learning from a variety of sources.
- Business fluency in English is needed.
The role is based in London and will require some travel, but not expected to exceed 30%.
About Swiss Re Corporate Solutions
Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
Start your career journey with Swiss Re.