Chief Underwriter - Facultative Reinsurance Business

Client of Mindfree Consulting

Underwriting Leadership:

• Develop and implement underwriting strategy for facultative reinsurance across multiple lines.
• Oversee risk selection, pricing, and structuring of facultative reinsurance contracts in line with company guidelines and market conditions.
• Set and maintain underwriting guidelines, authorities, and best practices.

Portfolio Management:

• Manage the overall profitability and performance of the facultative reinsurance portfolio.
• Monitor and analyze underwriting results and take corrective actions when necessary.
• Collaborate with other departments on business developments, pricing adequacy, reserving, and forecasting, etc.

Business Development & Relationship Management:

• Develop and maintain strong relationships with cedents, brokers, and reinsurance partners.
• Lead negotiations for large and complex facultative placements.
• Identify and capitalize on new market opportunities and emerging risks.

Team Leadership & Development:

• Lead, mentor, and develop a high-performing underwriting team.
• Foster a culture of accountability, technical excellence, and continuous learning.
• Ensure compliance with regulatory and internal requirements.

Strategic Contribution:

• Contribute to the development of broader reinsurance strategies.
• Provide insights on market trends, competitor activity, and evolving client needs.
• Represent the company in industry forums and events as needed.