Reporting directly to the SVP Underwriting Manager Specialty– Zurich, the VP, Construction & Engineering will lead the production, marketing and analysis of RenaissanceRe's Swiss specialty reinsurance business.
The successful candidate will bring deep construction and engineering underwriting experience and established broker and client relationships. They will possess expert UW technical competence, particularly in Construction & Engineering, and working knowledge of other lines of business to support cross-class, multiline transactions.
The role will work with the SVP Underwriting Manager to create and execute comprehensive business development and marketing strategies, working both individually and within a team. These strategies are to be developed in co-ordination with both internal RenaissanceRe teams and external business partners across Europe.
The role will be responsible for identifying and cultivating partnerships with clients and broker relationships. This individual will seek new opportunities to apply RenaissanceRe's expertise to the critical issues facing its clients. The role will work together closely with the Casualty & Specialty European heads to strengthen and implement construction and engineering underwriting practices. They will also work collaboratively with partners and peers across our global footprint, including London, Bermuda, New York and Zurich.
Key Responsibilities
- Contribute to the development and maintenance of a profitable book of business and handle day-to-day underwriting.
- Manage the specialty portfolio in Zurich and support risk analysis.
- Build and manage client and broker relationships.
- Share market insights with team members, including emerging opportunities and threats.
- Maintain expert product knowledge and act as a resource for clients and colleagues.
- Identify, design, and drive marketing synergies, by developing creative solutions to client problems.
- Make full use of RenaissanceRe risk and underwriting tools and analytics, and strengthen the risk management culture within the team.
- Maintain ongoing, self-directed professional development and study.
Qualifications & Experience:
- Bachelor’s degree required; actuarial qualification preferred
- Minimum of 7 years' experience in the construction and engineering (re)insurance industry
- Established relationships with senior clients and brokers in the construction and engineering (re)insurance markets
- In-depth knowledge of construction and engineering portfolio management and risk assessment practices
- Proven ability to design, build and apply complex risk models and systems
- Excellent communication and presentation skills, with the ability to engage diverse audiences
- Solid understanding of reinsurance structures and risk transfer mechanisms
- Willingness and ability to travel as required
We are an equal opportunity employer. We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Skills Required
- Bachelor's degree
- Actuarial qualification
- At least 7 years of experience in the construction and engineering reinsurance industry
- Established relationships with senior clients and brokers in construction and engineering reinsurance markets
- In-depth knowledge of construction and engineering portfolio management and risk assessment practices
- Ability to design, build, and apply complex risk models and systems
- Excellent communication and presentation skills
- Understanding of reinsurance structures and risk transfer mechanisms
- Willingness and ability to travel as required
What We Do
RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving. Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval. We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild. Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives. RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business
