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SiriusPoint

Global insurance and reinsurance underwriter

Insurance Program Manager

UnderwritingConfirmed live in the last 24 hours
Full-timeStockholm, SwedenNo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Business, Insurance, Risk Management, or a related field is required.
  • Advanced degrees or certifications such as CPCU, ACII, or AINS are advantageous.
  • Typically, three or more years of experience in program management, underwriting, or managing MGAs within the insurance industry is required.
  • A thorough understanding of multi-class insurance products, underwriting principles, and the role of MGAs in the insurance distribution model is required.
  • Knowledge of relevant insurance regulations and industry best practices for program management and delegated underwriting authority is required.
  • Strong analytical and problem-solving skills, including the ability to assess program performance data and make data-driven decisions, are required.
  • Communication and negotiation skills to interact effectively with MGAs, third-party administrators, and internal stakeholders are required.
  • A proven track record of relationship management and a customer-centric approach to business partnerships is required.
  • Project management expertise to plan, execute, and monitor program initiatives is required.
  • The ability to work in a dynamic environment and adapt to changing market conditions is required.
  • The ability to motivate and coordinate cross-functional teams is required.
  • Fluency in Swedish and English is required.

Responsibilities

  • Build and maintain working relationships with MGAs, act as the primary contact for program-related matters, and address their needs and concerns.
  • Manage the onboarding process for new MGAs.
  • Monitor MGA performance against key performance indicators and contractual obligations, identify areas for improvement, and implement action plans.
  • Collaborate with legal, underwriting, claims, and business development teams to negotiate contracts with MGAs and ensure clear terms and obligations.
  • Develop and maintain MGA requirements, ensuring adherence to company standards and regulatory requirements.
  • Assess and manage risks associated with MGAs and delegated underwriting programs, ensuring appropriate controls are in place to mitigate potential losses.
  • Ensure MGAs comply with relevant regulatory and legal requirements and are aligned with the company's philosophies and values.
  • Conduct market research and competitive analysis to identify emerging trends and opportunities for new program development and growth.
  • Prepare regular reports and presentations for senior management on program performance, issues, and recommendations.
  • Support MGAs on underwriting guidelines, product knowledge, and other relevant topics to enhance their capabilities.
  • Identify process-improvement opportunities and participate in initiatives to streamline program management and enhance efficiency.
  • Serve as a key business contact for delegated underwriting enquiries across all classes.
  • Ensure MGAs and delegated underwriting programs are approved in accordance with the company's MGA Playbook and policies and procedures.
  • Coordinate and attend Deal and Portfolio Committee meetings as needed.
  • Assist in maintaining the international and syndicate audit diary and tracking subsequent recommendations for coverholder business.
  • Perform visits and reviews of coverholders and MGAs as part of audit and regular review processes; visits may be conducted by internal personnel or external auditors and experts.

About the Company

SiriusPoint

Global insurance and reinsurance underwriter

SiriusPoint underwrites insurance and reinsurance globally, helping clients transfer risk for property, casualty, and health. It uses a network of underwriting companies and partnerships with Managing General Agents to provide coverage and access to capacity. Headquartered in Bermuda with offices in New York, London, and Stockholm, it is listed on the NYSE (SPNT) and licensed to write Property & Casualty and Accident & Health globally. Its goal is to support clients and brokers in managing risk through a reliable underwriting platform backed by strong capital and ratings.

Company size
Not listed
Company stage
IPO
Headquarters
Flatts, Bermuda
Founded
Not listed

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