Outwards Reinsurance Placement Manager

Hamilton

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profile Job Location:

London - UK

profile Monthly Salary: Not Disclosed
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Were looking for an
Outwards Reinsurance Placement Manager


Based in our London office reporting to our Head of Outwards Reinsurance Placement this role will support the successful placement of all outwards reinsurance across Hamilton Global Specialty (HGS). HGS is our multi-platform specialty insurer operating primarily through a Lloyds Syndicate and Dublin operating company with a managing general agency in the US.

Key Responsibilities

  • Lead and support placement of all outwards reinsurance for HGS
  • Manage key relationships with brokers reinsurers and internal stakeholders
  • Ensure highquality renewal submissions marketing materials and postplacement processes
  • Oversee reinsurance business planning inputs and counterparty security monitoring
  • Maintain contract wordings risk audit and compliance standards


What you will do



Outwards Placement & Execution

  • Manage placement timelines and ensure all facultative and treaty purchases meet internal and external standards
  • Maintain strong broker and reinsurer relationships sharing updates on underwriting and purchasing appetite
  • Coordinate with Underwriting Claims Finance Exposure Management RI Operations FP&A and R&A to ensure consistent understanding of structures and key changes



Renewal Preparation

  • Support preparation of renewal submissions and marketing materials with the Head of Outwards Reinsurance Placement
  • Oversee smooth handover to Reinsurance Operations and ensure all reporting requirements are completed


Business Planning

  • Produce outwards premium estimates at treaty/class level with commentary
  • Align assumptions and outputs with FP&A management and underwriting teams



Counterparty Security & Governance

  • Manage reinsurer security monitoring and prepare reports for key groups such as the Ceded Reinsurance Working Group
  • Recommend improvements to strengthen the counterparty security framework
  • Ensure compliance with audit SOX Lloyds and internal risk requirements and track performance against placement targets


Contract Wordings & Coverage

  • Work with brokers and internal wordings counsel on all outwards contract wordings and manage wording change requests with underwriters
  • Identify and address DICs between inwards and outwards business
  • Communicate special acceptance requests to brokers and the market to maintain intended coverage



    What you require for the role


      • Previous experience in the successful placement of outwards covers within a specialty insurer/reinsurer
      • Strong experience managing relationships with brokers reinsurers and internal stakeholders
      • Ability to productively leverage data and technology
      • Proficient in the use of software such as Microsoft Office Power BI and SQL
      • Open innovative and inclusive mindset
      • Collaborative spirit
      • Results-oriented and growth mindset


          What you can expect from us


          At Hamilton we offer a vibrant entrepreneurial and collaborative workplace shaped by our values: Be Smart Be Sensible Be Open and Be More.


          Our employees consistently say they would recommend Hamilton as a great place to work a testament to the inclusive supportive and empowering culture weve built together. We embrace individuality value diverse perspectives and recognise the unique contribution each person makes to our continued success.


          In good company


          Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty Hamilton Select and Hamilton Re each with dedicated and experienced leadership provide access to diversified and profitable business around the world.


          Headquartered in Bermuda Hamilton has over 600 employees with key underwriting operations in London Bermuda the US and Dublin. We work collaboratively we share a passion for the service and results we deliver and we know that what we do each day is meaningful to our customers and our business. We believe we are In good company. with everyone we interact with.


          Required Experience:

          Manager

          Were looking for anOutwards Reinsurance Placement ManagerBased in our London office reporting to our Head of Outwards Reinsurance Placement this role will support the successful placement of all outwards reinsurance across Hamilton Global Specialty (HGS). HGS is our multi-platform specialty insurer ...
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          About Company

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          Hamilton Insurance Group, Ltd. is a Bermuda-headquartered company that underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries.

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