About the Role
The Treaty Operations Manager is a pivotal position responsible for ensuring the smooth setup and day-to-day operations of the new Bermuda office. This role provides essential support to the underwriting team based in Bermuda and the Head of Treaty Reinsurance Operations based in London. You will play a crucial part in establishing governance frameworks, risk management parameters, and internal audit controls, while working closely with various teams to enhance operational efficiency.
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Key Responsibilities
- Work closely with the Head of Treaty Reinsurance Operations to establish governance frameworks, risk management parameters, and internal audit controls in partnership with the Underwriting Team (both Bermuda & London) and Compliance Team.
- Ensure adherence to corporate guidelines, risk appetite, capacity allocation, and exposure management from both a Bermuda and London underwriting perspective.
- Support the Head of Treaty Reinsurance Operations in the day-to-day running and development/implementation of the Treaty Reinsurance Team's reporting and underwriting systems (Corporate & Internal) using AI, Power BI, and Microsoft Excel while liaising with various London Market support teams.
- Liaise with IT, BI, Innovation, and London Market Operational Change Teams to ensure all corporate enhancements are communicated and implemented smoothly, and any improvements made by the Treaty Reinsurance Team adhere to corporate measures/standards.
- Be the main point of contact for corporate system updates and changes, ensuring all information is relayed back to the team clearly and concisely.
- Foster a high-performance, compliant, and collaborative culture within the new office, aligning local team dynamics with global corporate values.
- Support Underwriters in ensuring Lines of Business Bordereaux are up-to-date and complete, coordinating with the Head of Treaty Reinsurance Operations when required.
General Administrative Support
- Produce renewal reports and other ad-hoc reports using ERS/SBS.
- Ensure inwards and outwards reconciliations are managed accurately and in a timely manner.
- Assist with ad-hoc underwriting projects and team projects.
- Assist with ad-hoc PEGA tasks.
Skills and Experience Specification
Essential
- High level of IT/BI skill set and proficiency in all Microsoft Office applications (including SQL/VBA).
- Strong mathematical skills.
- Highly organized with excellent focus and organizational skills.
- Knowledge of reinsurance contract wordings is an advantage.
- Ability to work under pressure and be available for long hours if required.
- Calm demeanor with excellent communication skills.
- AI skills are desirable.
- Pega/ERS knowledge is desirable.
What We Offer
The company provides a competitive salary and employee benefits package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The company is an equal opportunity employer.
