Chief Underwriting Officer

Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as ‘One SiriusPoint’, to apply expertise and underwrite risks across our four operational areas – International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.

We underwrite from Bermuda, Liege, London, New York, Stockholm, Toronto and Zurich, and have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.

SiriusPoint, London writes three lines of business: Accident & Health, Casualty (Treaty and Insurance Binders) and Energy. We write through our platforms Sirius Syndicate 1945 at Lloyd’s and SiriusPoint International, UK Branch.

Join Our Team  

You will be The Chief Underwriting Officer. The Chief Underwriting Officer of SiriusPoint International will provide strategic leadership to the underwriting and portfolio management teams across SiriusPoint International.  With direction from the Group CUO, s/he will be responsible for identifying growth opportunities, innovating our product offerings, evolving our underwriting appetite, anticipating and reacting to market trends in order to drive profitability across the portfolio.

The successful candidate must have the flexibility to operate across a wide range of products and exposures:  property, casualty, specialty and personal lines.  As such, the role requires a strong understanding of insurance and reinsurance markets and the legal and regulatory framework.   Additionally, the range of clients served requires the capability to evaluate portfolio underwriting, as well as homogeneous risks using analytics and the application of seasoned judgement. 

In addition to proven technical skills, the successful candidate must be a credible leader of people and teams, who is committed to excellence and who will also support and contribute to an environment of continuous improvement.  This is a highly visible role within the organization and the successful candidate must have the credibility and gravitas needed to interact with the Group Executive Leadership Team, the Board, and key trading partners.

This role reports to the CEO of SiriusPoint International as well as the Group Chief Underwriting officer.

Your responsibilities will include:

• Participate in efforts to shape and drive the overall business strategy for SiriusPoint International as part of overall Group strategy

• Execute the underwriting appetite and risk selection within SiriusPoint International, based on Group underwriting appetite and strategy

• Support delivery of a top and bottom-line business plan, supported by rigorous monitoring and evaluation of underwriting quality, rating, performance and profitability in coordination with the Group CUO

• Ensure appropriate systems and controls are in place and adhered to for the monitoring of underwriting activities, including exposure, income and aggregates in alignment with Group

• Review loss information to identify systemic issues

• Set and monitor underwriting authority limits for underwriters based on direction set by Group CUO

• Carryout and oversee technical underwriting reviews

• Ensure appropriateness of treaty and ceded reinsurance strategy to manage volatility in the portfolio

• Represent International underwriting teams during underwriting reviews, reserving reviews and other executive forums, playing an active role regarding claims reserving, loss ratio forecasting, capital allocation and pricing

• Ensure a logical, reasoned and measured pricing methodology and risk selection for each line of business

• Identify and drive new product opportunities, overseeing the technical and pricing aspects of product development

• Responsible for signing off new policy wording and significant changes to existing manuscript wordings

• Mentor and develop underwriting talent across International through training and empowerment

United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career at SiriusPoint.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer, utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Values are at the heart of our business, and which guide every day actions and decision making.

• Integrity: Integrity, respect and trust are our core principles

• Customer Focused: Our customers are the reason we exist

• Solution Driven: Creating solutions is our mindset

• Diversity: Diversity, inclusion and allyship make us stronger

• Collaboration: Collaboration drives outperformance

Your skills and abilities should include:

• 10 or more years of technical underwriting experience with a reputable re/insurance carrier across a broad range of property, casualty, specialty and personal lines

• Results oriented focused on driving profitable growth

• Advanced degree and/or professional certificate in the re/insurance industry is desirable

• Ability to implement decisive change and be an advocate of technology to advance results and capabilities

• Capacity to think strategically and act pragmatically to balance short term and long term results

• Strong leadership skills; ability to establish and maintain credibility and to influence and build trust and work  collaboratively

• Team-orientated and enjoy contributing to the overall success of the company

• Ability to collaborate in a multi-national, global company where capital allocation and underwriting appetite is managed across multiple jurisdictions and legal entities

• Strong written and verbal communication skills, including the ability to effectively communicate technical information to varying audiences; a good listener and assimilator of ideas

• Comfortable and skilled at operating in a matrix management structure

• Possess a high degree of personal integrity, confidence and maturity, able to influence across all levels

• Creative, proactive and innovative, with tenacity and decisiveness and the courage to take risks

• Intellectually curious

Application

This is a full-time position located at our office in Stockholm – Hybrid (3/2)

We invite you to submit your application as soon as possible, as our selection process is ongoing, but no later than October the 16th.

Submit your application here: Chief Underwriting Officer

If you have any questions regarding the role you are welcome to contact FörsäkringsTalanger; Marie-Louise Skoog marie-louise@forsakringstalanger.se or Cecilia Bandhold cecilia@forsakringstalanger.se

We Achieve More Together

At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles and contributions of the diverse global employee base that make up our business. We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.