Jobs NYC

Primary DetailsTime Type: Full time

Worker Type: Employee

The opportunity:The Executive Director - Casualty is responsible for setting the strategic direction of QBE Re's product portfolio, ensuring underwriting quality, and driving the performance of product lines across the entire organisation. At QBE our Casualty business covers FinPro, Cyber, Motor, General Liability, Umbrella Liability, Workers' Compensation. As a key member of the Reinsurance Executive Committee (ReDex), which provides strategic leadership for the reinsurance business, this role plays a pivotal part in shaping and executing the company's reinsurance product strategies. Additionally, as the leader of the Global Product Committee for Casualty, the Executive Director collaborates with a global network of casualty underwriters to implement these strategies and ensure alignment across all markets.Location: New York, NY
Work Arrangement: Hybrid
The salary range for this role is: $260,000 - $390,000

Your new role:

Leadership and relationship management

• A member of the QBE ReDex, leadership team responsible for setting and executing the strategic direction for QBE Re
• Product development and management - overseeing the Global Product Committee, which involves the development, management and innovation of specific product to meet strategic goals
• Collaboration and integration - facilitate collaboration across product underwriters in different regions to leverage Re's global capabilities and expertise
• Establish and strengthen strong relationships with key stakeholders including cedants, brokers, industry bodies, business partners, retrocession Aires and colleagues, to maximize influence and achieve business objectives
• Network internally and externally to promote the interests of QBE Re and QBE EO

Business Planning and Strategy

• Create the annual business plans globally for Casualty
• Produce product strategies (including underwriting appetites, tolerances, and
• guidelines)
• Produce product plan narratives, in line with Group expectations.
• Discuss and consider new opportunities and ensure adherence to the New Product Protocol, as required
• Discuss regulatory environment and any required changes in products or related wordings.
• Co-ordinate cross-platform deployment of capacity. Determine which platform will be utilized by client and product type, in conjunction with the Global Head of Performance and Portfolio Analytics to ensure alignment with QBE Re platform strategy.
• Initiate new ideas and concepts to support the development and delivery of the business plan and strategic growth objectives
• Understand and comply with any Retrocession requirements to minimize risk and deliver to business plan objectives

Performance Monitoring and Management

• Establish and communicate appropriate Risk appetites for the product and ensuring that the Underwriting Business areas operate within those limits
• Monitor ongoing adherence to product strategy
• Review performance of product plan post each key renewal season and/or each quarter. Agree with relevant regional Executive Director, any corrective actions necessary to achieve or exceed plan
• Update on cedant, competitor and broker developments and ensure product strategies remain appropriate in the context of current market conditions, including appropriate engagement with Global Partnerships team.
• Proactively conduct Post Event Reviews (PERs) and comment on 'lessons learned' and any required response
• Manage all relevant actions arising from any peer and/or independent reviews, including Cell Reviews
• Review and approve materials in advance of submission to both the Performance Management Group (PMG) and Cell reviews
• Ensure awareness of any forthcoming Client / Broker meetings and Conference attendance

Exposure Management

• Ensure Global consistency for exposure tracking and RDS management
• Review all relevant accumulations on a quarterly basis against pre-agreed underwriting tolerances and agree required actions.
• Lloyds RDS methodology to be agreed by the Product Committees with support of exposure management team. Returns per scenario to be reviewed and approved quarterly
• Monitor and report on progress, identify deviations, recommend and implement remedial action, to achieve business objectives

Authorities and technical referrals

• Review large and complex referrals; making product specific underwriting decisions within QBE Re Underwriting Governance to ensure progress towards business plan objectives
• Act as a technical expert to support the identification of issues and opportunities within the product line to safeguard or enhance QBE Re's market position; in event of loss use the Global Product Committee to delve into it and challenge, where possible
• Underwrite reinsurance deals in accordance with the business plan and personal authority; negotiating rates, terms and conditions for existing and new business, managing product and issue of contract certainty documentation, ensuring compliance with internal and external regulations and guidelines

About you:

• Relevant Reinsurance experience in at least one or several of the lines of business within casualty
• Excellent organizational, prioritization and interpersonal skills
• Good negotiating skills
• Ability to analyze and use data for decision making
• People management - proven ability to engage and lead a team
• Use of risk profiling, pricing tools and loss models
• Commercial acumen
• Ability to articulate strategic visions of the portfolio

Work Experience:

Necessary Work Experience includes:

• Significant relevant reinsurance experience.
• Experience leading teams.

Qualifications:

Necessary Qualifications include:

• Tertiary Degree or equivalent combination of education and work experience.

Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate's professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance.We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.

QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:

• Hybrid Working - a mix of working from home and in the office

• 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
• Competitive 401(k) program with company match up to 8%
• Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
• Tuition Reimbursement for professional certifications, and continuing education
• Employee Network and Community - QBE actively supports six Employee Networks, and many ways to give back to your community

To learn more, click here: Benefits | QBE US.

Why QBE? What if you could have a positive impact - at work and in the world?

At QBE, we're enabling a more resilient future - for our customers, communities, environment, and for our people. We're building momentum to achieve something significant and know our people are at the center of our success.

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you'll get to spend every day working with people who are passionate, talented and kind. And our international scale means we're big enough for your ambitions, yet small enough for you to make a real impact.

Join us now, so you can be part of our success - and we can be part of yours!

https://www.linkedin.com/company/qbe-north-america/

Commitment to Diversity

QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.

Equal Employment Opportunity:

QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.

Supplementary information

Skills:

Business Management, Coaching for success, Communication, Conflict Resolution, Critical Thinking, Customer Value Management, Decision Making, Influencing, Intentional collaboration, Managing performance, Navigating ambiguity, Risk Management, Stakeholder Management, Strategic Leadership, Strategic Management

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Equal Employment Opportunity

The companies of QBE North America are committed to equal employment opportunities. All qualified applicants will receive consideration for employment without regard to age, disability, marital or parental status, national origin, citizenship, race, color, religion, sex, sexual orientation, or veteran status. All personal information contained in this application will be kept confidential as required by law.

Minimum Salary: 34320.00 Maximum Salary: 34320.00 Salary Unit: Yearly