Senior Director leading internal audit and controls for Mondelēz International in Chicago. Driving key strategic initiatives and fostering a culture of compliance and continuous improvement globally.
About the role
- Managing Director, Surety Broking developing reinsurance solutions for clients in various markets. Collaborating and managing relationships to enhance client engagement and satisfaction.
Responsibilities
- Develops and presents innovative approaches to complex client needs
- Produces, negotiates, places and manages the daily servicing of reinsurance treaties utilizing markets from the US, London, Bermuda and around the world
- Manages overall interaction with client in medium to large client transactions
- Negotiate and place reinsurance treaties in the market utilizing markets from the US, London Bermuda and around the world to deliver highly complex, best-in-class solutions to clients
- Coordinate internal resources, such as analytics, contracts and client services to provide solutions to client(s)
- Produce new clients, designs programmes for them and establishes relationships through meetings and exhibiting professional skills in order to generate revenue
- Design new programs for clients’ needs, placing business with client-approved reinsurers
- May participate in the revenue/budget process with the management team and may review and clarify contract documents and bond forms, as well as banking terms and conditions.
Requirements
- 15+ years’ experience required in placing Surety Reinsurance programs as a broker
- In-depth knowledge of the global reinsurance market including coverage, placement structures, markets and rating structures of insurance and reinsurance companies
- Working knowledge and experience with Lloyd’s and other Company Markets including London, US and Europe would be essential
- Strong knowledge of Insurance/Reinsurance Law, Compliance and regulatory requirements throughout the world
- Strong working knowledge and relationships within the Bermuda marketplace
- Analysis of financial reports and statements and the ability to analyze actuarial models and output
- Familiarity with Cat Vendor models
- Superb negotiating and sales skills.
Benefits
- Health and welfare benefits
- Tuition assistance
- 401K savings and other retirement programs
- Employee assistance programs
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