Marine Underwriting Lead

At RSA Europe our purpose is to help people, businesses, and society prosper in good times and be resilient in bad times. We have offices in France, Spain, Belgium and the Netherlands, where we’ve embraced hybrid working and empower our 250 plus people to work flexibly in their country of employment to suit their needs and those of our customers. Our customers benefit from the diverse perspectives of our teams that serve them, solving complex problems with creative ideas.

We are proud to be part of Intact Financial Corporation (https://www.intactfc.com/), Canada’s largest provider of property and casualty insurance and the 12th largest property and casualty firm worldwide, with a market capitalization of approximately $50 billion CAD (~£25 billion GBP) and a global workforce of 31,000 employees across 350 offices.

Our Global Specialty Lines division plays a central role in Intact’s long-term strategy. With 3,500 professionals dedicated to more than 20 niche segments, we operate across North America, the UK, and Europe, and benefit from a strong international network covering over 150 territories.

Since 2017, GSL has tripled in size and now has access to a $460 billion global specialty lines market. Currently, GSL is at $6 billion DPW and in our strategic roadmap, we laid out GSL growth and profitability ambitions for the long term to reach $10 billion in operating DPW by 2030, performing at a sub-90 operating combined ratio.

Nearly 90% of brokers recognize us as a trusted partner, valuing our specialized expertise, simplified multinational programs, local market knowledge, and reliable claims handling.

Job Description

We are currently looking for an Underwriting Leader for our Marine department. This job involves underwriting large, complex or specialist insurance cases in Marine and driving team excellence to achieve great customer outcomes, portfolio performance and business development targets.

You will spend most of your time driving underwriting decisions through strong technical expertise, contributing to business development activities, liaising with customers and brokers, coordinating the team, as well as contributing to technical audits. You have strong analytical, relationship management and communication skills.

Key Responsibilities

Underwriting, trading, servicing:

• Reviewing allocated cases and delivering underwriting decisions within agreed timeframes, in order to secure targeted business within authority level and risk appetite.
• Clearly and positively articulating our RSA value proposition and risk appetite.
• Driving trading activity to cultivate existing business relations and ensure regular flow of new business.
• Managing and working with others to take responsibility for effectively and promptly resolving broker and/or customer issues.
• Develop and implement business strategies aligned with company goals to drive growth and profitability.

Team management:

• Lead, motivate and develop a team to achieve operational and financial objectives.
• Providing guidance and coaching to less qualified/experienced colleagues where appropriate.
• Establishing an effective relationship with stakeholders, and access support as appropriate.

Portfolio performance management:

• Contributing to the creation of segment and local business development plans.
• Optimising portfolio performance through data & analytics, in close cooperation with the pan-European Head of Marine.
• Be accountable for managing budgets, forecasting, and delivering financial targets while fostering a high-performance culture.

Governance, grip & control:

• Being aware of and adhering to our regulatory framework at all times.
• Capturing and recording of data in timely and accurate fashion.
• Communicating and liaising with colleagues from other departments (Finance, Operations, Claims, Compliance, ..) in order to give or obtain information and/or resolve queries.
• Contributing to projects and initiatives as required.
• Ensure adherence to company policies, legal regulations and risk mitigation practices.

Skills and experience:

• Solid underwriting experience in the Marine area.
• A network of relevant contacts in the co-insurance marketplace.
• Establishing and maintaining effective relationships with Brokers, Clients and key internal stakeholders with, Operations, Underwriting, Claims and others.
• Strong analytical, negotiation and conflict resolution skills.
• Agile mindset and continuous improvement orientation.
• Ability to build and maintain effective relationships.
• Fluent in French and English.

RSA Luxembourg SA (RSAL) is committed to ensuring that your privacy is protected, as the data controller, we take the necessary measures to ensure the security and confidentiality of the personal information it holds or processes in compliance with the General Data Protection Regulation (EU) of 27 April 2016 ("GDPR"), Loi n° 2018-493 du 20 juin 2018, relative à la protection des données personnelles and rest of related data protection regulations.

The data you provide will be processed as part of our candidate selection process. The legal basis for this processing is our legitimate interest in considering your application. Unless you object, your CV will be kept for two years after our last contact with you. We may kept your data for the duration of the employment contract in the event of recruitment. Once your employment has ceased, your personal data will be only retained for as long as is necessary to satisfy any legal, accounting or reporting obligations.

Intact Group companies and third-party partners may be recipients of your personal data when required. Sometimes your personal information may be sent to other parties outside of the European Economic Area (EEA) in connection with the purposes set out above. We will take all reasonable steps to ensure that your personal information is treated securely and in compliance with data protection regulations.

In accordance with data protection laws, you have the right to access and obtain a copy of the data concerning you, object to the processing, have it rectified or deleted. All you have to do is write to the RSAL Data Protection Officer to the following address RSA Luxembourg, S.A. Edif. Torre Europa, Pº de la Castellana, 95 – Planta 19 28046 Madrid (SPAIN) or send an email to the following address RSA.DP@eu.rsagroup.com. We will ask you to confirm your identity if we need to, we have one month from receiving your request to tell you what action we have taken.