Risk Funding - Head of Retro
- Employer
- Gail Audibert Associates, Inc.
- Location
- Various Locations
- Salary
- competitive salary with excellent benefits
- Posted
- Feb 19, 2019
- Closes
- Apr 02, 2019
- Ref
- 1501
- Category
- Reinsurance, Risk Management, Underwriting
- Job Type
- Full Time
- Career Level
- Executive
A global reinsurer is seeking a Head of Retro to manage the design, structuring and execution of retrocession transactions globally for the company.
Key Duties & Responsibilities:
Manage the design and execution of retrocessions including traditional and alternative risk transfer solutions
Design and implement retro strategy that is accretive to company’s gross to net results and assists in achieving portfolio goals
Integrate with underwriting to ensure retro strategy supports company’s portfolio and top line growth plans
Partner with key underwriters in company to design and evaluate potential retrocession opportunities
Strong knowledge of (re)insurance and retro structuring, including solutions sourced from both traditional as well as alternative capital markets
Strong analytical and organizational skills
Strong negotiation and interpersonal communication skills
Ability to develop relationships with both distribution partners and retrocessionaires
Ability to multitask and coordinate with various internal and external stakeholders
Experience with drafting and negotiating legal documents
Manage relationships with markets and distribution partners to evaluate new opportunities
Coordinate with other members of Risk Funding to integrate retro into the broader risk transfer program across the company
Other desired skills and characteristics:
Actuarial and/or reinsurance/retro underwriting or brokerage background is a plus
Strong quantitative skills and experience in constructing retro programs and executing specific transactions