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Head of Underwriting - Reinsurance
Amethyst Partners
Dubai, UAE
Full-time
Director
Onsite
Discovered Yesterday
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About the Opportunity
An exciting opportunity has arisen with a growing international reinsurance group to lead and develop its Commercial Reinsurance Underwriting portfolio.
We are seeking an experienced
Head Of Commercial Reinsurance Underwriting
with a strong background across
Treaty and/or Facultative
reinsurance to take ownership of the underwriting strategy, portfolio performance, market development and technical direction of the business.
Key Responsibilities
- Lead and execute the commercial reinsurance underwriting strategy across Treaty and/or Facultative business.
- Build, manage and grow a profitable and diversified reinsurance portfolio across selected commercial and specialty classes.
- Underwrite and assess complex Treaty and Facultative submissions, including risk selection, pricing, terms, conditions, limits and capacity.
- Develop and maintain underwriting appetite, guidelines, authorities and referral frameworks.
- Identify and develop new business opportunities across the Middle East, Africa, Asia, Europe and other international markets.
- Build and maintain strong relationships with brokers, cedants, reinsurers and other key market stakeholders.
- Develop new products, facilities and tailored reinsurance solutions in response to market opportunities.
- Monitor portfolio performance, profitability, accumulation and exposure against agreed underwriting parameters.
- Provide senior management with regular reporting on premium, exposure, loss ratios, profitability, pipeline and portfolio development.
- Ensure underwriting decisions remain aligned with the company's risk appetite, governance and overall business strategy.
- Contribute to the ongoing development of underwriting systems, processes, controls and data analytics.
- Provide technical leadership and contribute to the development of the wider underwriting team.
Ideal Background
- 15+ years of experience in reinsurance underwriting, with strong Treaty and/or Facultative exposure.
- Proven track record of building and managing profitable reinsurance portfolios.
- Strong commercial understanding of international reinsurance markets and broker relationships.
- Experience across relevant commercial and specialty classes.
- Strong technical underwriting, portfolio management and analytical capabilities.
- Established network across international reinsurance markets.
- Strong leadership and business development capabilities, with the ability to operate at both strategic and technical levels.
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