Reinsurance Purchasing Lead

Reinsurance Purchasing Lead

Join to apply for the Reinsurance Purchasing Lead role at Chaucer Group
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Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Headquartered in London, with international hubs in Copenhagen, Dubai, Miami, Dublin, Singapore, Sydney and Bermuda, we are closer to our clients across the world. To learn more about us please visit our website

• Support the Head of ORI with long-term planning and developing the ORI strategy.
• Provide support and guidance to the LoB ORI teams.
• Facilitate continuous improvement across the ORI team for purchasing practices and processes.
• Responsibility for the placement of certain outwards reinsurance programmes, as agreed with the Head of ORI.

• Consult to Head of Outwards Reinsurance on long-term plan and support strategic direction.
• Review ORI programme efficacy and look at alternate options.
• Explore alternate products / solutions.
• Support the LoB teams on structuring and coverage of programmes (broadening their knowledge and supporting development).
• Develop and share best practice across the LoB ORI teams.
• Review / enhance purchasing processes and practices.
• Assist the Head of Outwards Reinsurance / LoB Heads with the RFP process.

• Reinsurance purchasing experience (preferably including Casualty).
• Good reinsurer and broker relationships.
• Good technical understanding of reinsurance.
• Good understanding of best practice.

• Strong commercial and technical skills.
• Proactive problem solving, effective collaboration and escalation.
• Ability to analyse and understand RI pricing / rating.
• Good understanding of inwards (ideally Casualty) business / coverages.
• Awareness of risks and controls.

• ACII qualified (or equivalent).

• Professional and flexible outlook.
• Very good interpersonal skills.
• Excellent organisational skills.
• Adapt to a pressured environment.

Chaucer is a leading global insurer operating in both Lloyd's and company markets, helping industries worldwide manage risk from nuclear, shipping, manufacturing and property. We have shown strong financial success with our Gross Written Premiums growing from $1.4bn in 2019 to $3.5bn in 2024.

• A flexible office hybrid work model that supports individual and team needs.
• A diverse, inclusive culture that values people for who they are.
• Extensive, non-contributory benefits, including medical, life and pension cover, flexible holidays and wellbeing support.

Mid-Senior level

Full-time

Finance

Insurance Agencies and Brokerages, Insurance Carriers, and Insurance