Apply Now

Global Chief Underwriting Officer & SVP Risk Management

Hartford, CT, USA | Munich Re Group

  • Industry:
    Insurance - General
  • Position Type:
  • Functions:
    Financial Services Professional
    Risk Management
  • Experience:
    15-20 years
Job Description:
69 people have viewed this job

Maintain, approve, and delegate all underwriting authority within the organization. Ensure consistency in underwriting strategy, standards and philosophy across all HSB’s underwriting units, including HSB U.S., HSB Canada, HSB U.K. and NewTech/IoT underwriting teams.

Oversee a multi-functional organization

Pricing which sets pricing strategy and process to ensure adequate pricing across all insurance-related products.

Underwriting Compliance, Systems and Standards team and ensures underwriting guidelines and policies are adhered to.

Policy Forms Administration.

Reinsurance Agreement Development and Administration.

Rate Filing Administration.

State Department of Insurance Filings, compliance and outreach.

Product Operation practice in support of Product Management teams.

Cooperate closely with the Munich Re Group Corporate Underwriting community and GC/NA3’s Regional CUO including participation on Munich CU’s Non-Life Board.

Monitor the performance of the HSB portfolio and initiate pro-active action in case of financial performance deviation from plan.

Monitor the risk profile of HSB and assess new and different potential exposures and products under consideration.

Manage HSB’s external reinsurance placement and advise on appropriate reinsurance structures to manage overall exposure.

Manage the corporate insurance placement on behalf of MAHC.


Education and Experience

Bachelor’s degree in Business Administration, Economics, Finance, Risk Management or related field or equivalent work experience.

Master’s degree in Business, Law, or Actuarial.

15+ years’ experience in Underwriting and/or Risk Management.

Experience in a Corporate Underwriting function, including strong knowledge and background of broad insurance products including property, equipment breakdown, cyber, liability, performance guarantees, warranties, engineered lines, financial guarantees and other specialty insurance lines.

Past experience in reinsurance placement and strategies.

Previous leadership role within the Property/Casualty insurance industry.

CPCU designation.

Other companies hiring with Ivy Exec

 Company Logos