Svp, Chief Underwriting Officer, Munich Re of - Toronto, Canada - Munich Reinsurance Company of Canada

Munich Reinsurance Company of Canada

Verified Company

Toronto, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

SVP, Chief Underwriting Officer, Munich Re of Canada (MROC)

Company
Munich Reinsurance Company of Canada

Location
Toronto, Canada

SVP, Chief Underwriting Officer, Munich Re of Canada (MROC)

We care for humankind - and that starts with our people

Munich Re of Canada is committed to providing a superior level of service to our clients through our expertise, global resources, and financial strength.

It is our ability to listen to our clients and respond flexibly to their needs that makes us a partner in innovation and Canada's reinsurer of choice.

The Munich Re Group is one of the world's leading risk carriers and stands for exceptional solution-based expertise, consistent risk management, financial stability and client proximity.

We're looking for our next SVP, Chief Underwriting Officer (CUO, Munich Re of Canada (MROC)

As Chief Underwriting Officer (CUO) for Munich Reinsurance Company of Canada (MROC), you will be responsible for the underwriting at MROC and at Temple Insurance Company (Temple) as well as all non-life classes of products (treaty, facultative, direct and MGA) and all lines of business (property, casualty, surety).

Direct reports to this role include the VP, Casualty and Surety Treaty; VP, Property Treaty; AVP, Business Analysis; Director, Underwriting Pricing; Director, Underwriting Operations; Senior Specialist; and Administrative Assistant

The role in detail

Act as member of the Senior Management Team, providing leadership, underwriting strategy and overseeing the efficient operation of the underwriting departments
Hire, develop and retain a top talent, highperforming team that is fully engaged and recognized as experts internally within Munich Re and externally with clients and partners
Develop, followup and implement underwriting strategies and implement them through the use of authority delegation to ensure sustainable portfolio quality and riskadequate pricing
Adhere to all regulatory and internal underwriting requirements; establish, maintain and review underwriting guidelines; provide technical advice to underwriters
Analyse economic trends and gather market information to identify and capitalize on opportunities with respect to risk selection, business management and development of new ideas and solutions for product development together with client teams and the clients
In cooperation with client management, develop and grow a profitable book of business and exploit new business potential while achieving annual plan targets
Maintain superior industry and market profile through active participation in conferences, associations, panels and speaking engagements; maintain close business relationships with peers at client companies and within the industry

Qualifications

First and foremost, you will demonstrate strong leadership and achievement, a strong work ethic, enthusiasm towards change and a drive to make a difference.

In addition, we are looking for the following qualifications:

Advanced university (or other business) degree in combination with an insurance designation
10+years of progressively senior experience within commercial underwriting lines of business and nonlife reinsurance business
Expert level understanding of least one of the P&C core lines of business preferably in the main Property lines
High level of client orientation and value generation
Familiarity with the Munich Re steering, monitoring and budgeting concepts
Fluent in English; German and French language skills would be an asset
Proven history of creating, growing and sustaining a strong productive team
Keen strategic thinking, business acumen and problem solving skills
Strong communication, interpersonal and social skills across all levels of the organization and drive to network across the Munich Re Group
Willingness to travel and to represent the company at market bodies as well as headquarters

**Click on the link to apply