Country Head, Spain
hace 2 semanas
At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation.
We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge.
We know there is always more work to be done, but we're committed to building a strong and inclusive culture where everyone is welcomed and valued for their "own expression of self-identity".
About usMRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.
As well as operating in the Lloyd's of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Singapore, Labuan and Dubai.
Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht.
Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable people and businesses to thrive.
Company
Munich Re Specialty Group
Location
Madrid, Spain
The Role - Overall Objective
Responsible for creating and executing a comprehensive strategy for the Spanish market, including:
- Overall responsibility for establishing and growing MRSG's presence in the Spanish market.
- To ensure that MRSG employs effective underwriting & distribution teams that support and comply with the business plan for Spain and that Lines of business (LoB) are profitably underwritten
- To facilitate maximum return on investment for MRSG while maintaining the company's reputation and integrity, demonstrating care for customers and respect for its regulatory obligations
Responsibilities:
- In close collaboration with the CEO MRSG UK & Europe and other Senior Management, create and execute a comprehensive strategy for the Spanish market, growing the business to EUR 100m in 5 years
- Develop longterm relationships with global, regional and local brokers to drive business to MRSG
- Put "boots on the ground" recruit and develop a local team, starting with underwriters in the relevant LoBs
- Implement a scalable, efficient operating model that can effectively facilitate & role model MRSG's further growth plans in Europe
- Actively engage with all stakeholders in the international organization and Munich to ensure that all best UW and business practices of Munich Re are known and applied
- Actively develop and implement the data strategy of the company with the aim to foster a data culture and promote datadriven decisionmaking processes
Leadership:
- Be the face and voice of MRSG in Spain.
- Recruit, lead and motivate direct reports to implement our Spanish business strategy, global underwriting strategy and productled philosophy / mindset.
- Coordinate and maintain the underwriting team/s to achieve business objectives and targets, ensuring that they fulfil operational and regulatory requirements.
- Support staff development by objective setting via continuous conversations approach.
- Ensure Divisional knowledge sharing & industry best practice to build our underwriting capability and the knowledge of our staff
Business development responsibilities:
- Conduct and develop effective relationships with both Lloyd's & Regional Brokers/ Great Lakes and key clients, to secure new business and strengthen existing trading relationships that falls within the Underwriting business plan;
- Conduct and develop effective relationships with Local & Regional Market peers, to keep abreast of market developments that may affect trading effectiveness;
- Produce adhoc management reports as and when required;
- Ensure that company procedures and systems are followed and maintained for the account, as per procedures and compliance manuals;
- Conduct peer review, ensuring compliance with the business plan and adherence to authority limits.
Key Skills & Experience
- Extensive, proven experience as a successful business leader in the primary insurance industry, with a sustained record of business development execution, in particular of delivering results internally and value to clients.
- An influential business leader, wellconnected and highly regarded within the Spanish insurance market with a portfolio of strong broker relationships.
- Demonstrate knowledge and skills within a regulated financial services business to become the approved person in the role.
- Develop and maintain market awareness, implement innovative changes that impact our business positively
- Ability to develop, articulate strategic plans to gain and maintain market share, and to inspire teams to ach
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