Head of Reinsurance

The Group Head of Reinsurance will lead the Reinsurance Centre of Excellence and provide strategic advice and controls to optimize the use of reinsurance across all business units. The role involves defining, updating and overseeing the execution of the Group reinsurance strategy, maintaining decision-making frameworks, and ensuring adherence to reinsurance policies.

Requirements

• Develop and lead a Reinsurance CoE that provides centralised services for internal customers and partners
• Develop and execute the Group wide reinsurance strategy to optimise reinsurance costs and benefits for BUs and the Group
• Maintain risk limits and retention levels for both BUs and the Group
• Implement a reinsurance decision-making and governance framework
• Partner with BUs to optimise active reinsurance treaties
• Support BUs to obtain best terms for the money spent on reinsurance
• Enable local BUs to drive their protection strategy
• Combine reinsurance requirements of BUs to obtain preferential terms at a collective level
• Develop the internal reinsurer (PCA Re) as a fully functioning reinsurer
• Manage PCA Re's operations and regulatory compliance
• Manage the cost and performance of the reinsurance portfolio
• Collaborate with finance, actuarial and capital management teams
• Build strong relationships with key reinsurers
• Partner with BUs to enhance underwriting capability and capacity
• Provide expertise for developing and enhancing life insurance products
• Enhance reinsurance administration and monitoring capabilities across the BUs in the Group

Benefits

• Generous Paid Time Off
• 401k Matching
• Retirement Plan
• Visa Sponsorship
• Four Day Work Week
• Generous Parental Leave
• Tuition Reimbursement
• Relocation Assistance