Head of MGA and Portfolio Solutions

Head of MGA and Portfolio Solutions

Head of MGA and Portfolio Solutions, Zurich Nordic

Zurich is one of the most specialized insurance companies within non-life insurance for local and international business in the Nordic market. We are now looking for a strong leader with a great portfolio management skillset to take on the position as Head of MGA and Portfolio Solutions.

The Head of MGA and Portfolio Solutions will be responsible for MGAs across the Nordics including profitability and growth, governance and reporting. The position will also include a responsibility over portfolio solutions including governance, reporting and business development.

The Head of MGA and Portfolio Solutions will report direct to Nordic CEO and matrix to Nordic CUO, being a member of the Nordic Underwriting Management.

Job description

The Head of MGA and Portfolio Solutions leads the Nordic strategy on MGAs with particular emphasis on growth and profitability. The Head of MGA and Portfolio Solutions ensures and maintains appropriate engagement with the CI MGA team to enable the needs of Nordic to be fully understood and met.

The Head of MGA and Portfolio Solutions leads the implementation of policies, procedures, controls, delegation and monitoring for all MGA and Portfolio business written in Nordic to ensure profitability and governance targets and obligations are achieved.

The Head of MGA and Portfolio Solutions handles and leads performance reviews within the Nordic branches. The Head of MGA and Portfolio Solutions ensures that the pricing of all MGA and Portfolio Solutions in the Nordic aligns with underwriting strategy and regional and local priorities. The Head of MGA and Portfolio Solutions establishes event identification, risk assessment, risk response, control activities & monitoring of the underwriting operations to provide assurance that the function is adhering to underwriting governance/compliance principles.

Key Accountabilities

• Technical and operational performance of the function
• Delivery of the Country Underwriting result within MGA and Portfolio Solutions with a robust underwriting performance management framework. Effective engagement with other functions to ensure their insights and contributions are understood and actioned is expected.
• Ensures the implementation, use and oversight of The Zurich Way of Underwriting
• Provides guidance to the Nordic CEO and CUO on matters to steer and safeguard the business.
• Ensures that the underwriting governance and oversight framework and processes are robust, used and effective
• Engage, leverage and utilize Zurich out of Country resources, knowledge, empowerment and assets to aid the delivery of the plan and where required providing resources.
• Provides guidance to and takes guidance from colleagues at Region, Group and the Commercial insurance business.
• Engages with customers, brokers, regulators, rating agencies and other external parties as necessary
• Drives product management and development within the function.

Qualifications and experience:

• Experienced underwriter/ financial analyst or actuary managing a portfolio of General Insurance business
• Leadership experience from managing a team
• Regulatory alignment experience preferred
• Extensive knowledge of the insurance industry and underwriting markets, and experience from the Nordics with an established trust with key brokers and clients is an advantage
• Demonstrable expertise of underlying insurance concepts
• Financial Services country regulations, compliance and governance knowledge
• Corporate strategy and advanced business planning techniques
• Operational change and transformation leadership experience
• English language spoken and written at a high level

Skills and competencies:

• Strategic and operational leadership
• Strong understanding of processes and governance
• Strong portfolio management capabilities
• High level of relationship building skills
• Excellent communication, influencing and negotiation skills

As a person, you are curious and have an open mindset of doing things in new and different ways. You like to seek new solutions and you include the Diversity and Inclusion perspective into your leadership behaviors as well as the everyday work. You ensure your own actions and behaviors are well aligned with the Zurich’s Strategy, Purpose & Values. You have a personal drive and resilience, and ability to energize self.

What we can offer you:

• A diverse and inclusive workplace
• Global Career development
• Wellbeing initiatives
• Hybrid working
• Competitive compensation package
• Occupational pension
• Comprehensive insurance package
• Great location in the central part of the city

Please refer your questions to Nordic CEO, Mattias Fritz, direct: +46 7 93323431

You are welcome to submit your application online on May 19th at the latest. The selection process will run continuously and we encourage you to submit your application as soon as possible.

Who we are

Zurich is one of the world’s leading insurance groups, and one of the few to operate on a global basis. Our mission is to help our customers understand and protect themselves from risk. With about 60,000 employees serving customers in more than 215 countries, we aspire to become the best global insurer as measured by our shareholders, customers and employees. We help individuals, small and medium sized companies and global corporations around the world understand and protect themselves from risk by offering a wide range of insurance products, solutions and advisory services.

Our people are the heart & soul of Zurich. Together we are committed to delivering on our purpose - Let’s Create a Brighter Future Together!

Our ambition is to become one of the most responsible and impactful businesses in the world. To get there we hire and develop the best talent available. With Zurich, you can expect to work on challenges that will help you grow and to collaborate with a diverse and inclusive global team.

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