You will join the Underwriting team to help us profitably grow our business across Europe. You will report to the CUO Europe.
Responsibilities :
* Lead the underwriting strategy for surety businesses, working closely with pricing, product, claims, and other teams.
* Grow Surety line profitability in line with financial objectives.
* Manage the full surety portfolio, collaborating with profitability actuaries.
* Take full accountability for underwriting results in surety.
* Align underwriting and reinsurance strategy, handling reinsurance programs, participating in negotiations, and validating reinsurance terms & conditions.
* Support relationship management with TPAs, including selection and agreement drafting in collaboration with Legal & Compliance.
* Act as a key consultant for underwriting criteria, commercial terms, and claims-related sections in Partnership Agreements.
* Assist the Claims department in managing large claims and mitigating potential losses.
* Serve as a product and market expert across Europe, supporting the Sales team in account targeting and evaluation.
* Engage with the market, including MGAs, Brokers, and Direct clients.
Your Profile
* Experience & Skills :
* Strong expertise in insurance underwriting principles, including risk assessment, pricing, and policy issuance for surety insurance B2B products in a European environment.
* Experience underwriting financial / credit products within an insurance company or a large TPA.
* Background in financial analysis, risk management, and deal structuring in B2B industries (corporates).
* Solid experience in underwriting bonds & financial guarantees, particularly in construction and manufacturing sectors.
* Deep understanding of the surety industry, including market trends, competition, and distribution channels (Brokerage, MGAs).
* Ability to ensure compliance with underwriting policies, regulatory requirements, and company standards.
* Strong financial skills – ability to set business forecasts, monitor budgets, and ensure profitability.
* Customer-focused approach with an emphasis on satisfaction and consumer duty.
* Strong analytical and reporting skills to assess and report on insurance risk effectively.
* Proven leadership and stakeholder management skills.
* Fluent in English; other European languages (ideally French) are an advantage but not essential.
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