Global Head L&H Structured Solutions (80- 100%)

About Swiss Re

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 13,000 employees across the world.

We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?

• Define and deliver the plan and targets for L&H transactions, focusing on key themes and developing innovative approaches and profit pools to deliver our growth aspirations
• Engage clients to understand their needs, drive innovation combining retrospective and prospective reinsurance and in depth knowledge of structuring to offer the best solutions to meet their needs
• Maintain Swiss Re’s profile as the market leader for transactions globally and work across the Business Unit to strengthen transactional capabilities across L&H XFTs.
• Represent Swiss Re with senior level client contacts, at industry events and conferences, having a preference for market engagement, backed up with a drive to deliver technical solutions.
• Build, lead and continuously develop your team to drive origination and marketing in order to create the pipeline of opportunities to close L&H transactions in line with Underwriting Standards and risk appetite. Establish a healthy risk and control environment, foster risk transparency (issue self-identification, incident reporting) and a positive approach towards assurance functions
• Mitigate reputational risk by ensuring compliance for accounting, regulatory, tax and legal requirements related to structured reinsurance solutions. Ensure compliance with all relevant Group reputation and risk guidance, processes and legal/regulatory requirements.
• Supported by Business Development and Client Markets, identify trends in the marketplace and actively steer transaction origination accordingly - understand competitors and their strategies and potential people talent for the future. Review, challenge and refine risk appetite to get the optimal balance for Swiss re and our clients.
• Execute on transactions within own authority and ensure efficient authorization from higher levels
• Collaborate with peers from other key functions, such as Finance, Group and Reinsurance Strategy, Underwriting, Risk Management, and Business Management
• Monitor financial results versus plan, including actual vs. expected losses, costing vs. factual results, and EVM and GAAP income, in close co-operation with post close deal management team. Understand and communicate portfolio results.

• Entrepreneurial and innovative in your approach with strong analytical, quantitative and problem-solving skills
• You will bring relevant and deep Reinsurance L&H experience
• Strategic mind-set, understanding of market dynamics, ability to define and implement a strategic plan, and well-developed business vision and to think ahead and adopt a long-term perspective
• Results orientation with a good record of exceeding goals; evidence to make good decisions through a combination of analysis, experience and judgment
• Ability to present complex information with C Suite as well as specialist underwriting level, simply and concisely
• Experience in structuring and marketing tailored L&H risk transfer solutions
• Solid understanding of actuarial pricing principles, reinsurance risk principles, corporate finance, accounting and tax, credit risk and legal, regulatory and corporate governance principles
• Knowledge of insurance industry trends and cycles and their impact on products and coverage
• Outstanding level of collaboration skills, establishing trust and credibility across boundaries
• Capacity to influence and reach aligned results with senior executives and peers, including Underwriting and Client Markets communities
• Proficient command of English is a pre-requisite with superior verbal and written communication skills
• Appointment subject to meeting fit and proper requirements
• International business travel required