Managing Director, MRS-GM UK&I

New Yesterday

At Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

We are seeking a Managing Director, MRS-Global Markets, UK & Ireland to take overall responsibility for growing MRS-GM’s presence in the Irish market.

Responsibilities:

  • Ensure that MRS-GM employs effective underwriting and distribution teams that support and comply with the business plan for Ireland and that Line of Business are profitably underwritten
  • Generate maximum return on investment for MRS-GM while maintaining our reputation and integrity, demonstrating care for clients and respect for our regulatory obligations

General Responsibility:

  • Create and execute a comprehensive, scalable and sustainable strategy for the Irish market, growing the business to EUR 50m in 5 years
  • Strengthen existing and explore new relationships with global, regional and local brokers to drive business inflow
  • Develop and grow our “boots on the ground” – develop the existing local team and build further underwriting and distribution bench-strength as required
  • Refine the existing operating model in terms of scalability and efficiency, in line with our wider European setup

Leadership:

  • Embody the brand of MRS-GM, be the face and voice of business in Ireland
  • Recruit, lead and motivate staff to execute our Irish business strategy
  • Support staff development by objective-setting via a continuous conversations approach
  • Co-ordinate and manage underwriting and distribution teams to achieve business objectives and targets, ensuring that they fulfil operational and regulatory requirements

Business Development:

  • Strengthen existing and explore new relationships with global, regional and local brokers, key clients and Great Lakes to secure new and renewal business
  • Conduct and develop effective relationships with local and regional market peers, to keep abreast of market developments that may affect our business effectiveness
  • Produce management reports on a regular basis
  • Ensure that company procedures and systems are followed and maintained, as per procedures and compliance manuals

Skills & Experiences Required:

  • Extensive, proven experience as a successful business leader in the primary insurance industry, with a sustained record of business development execution
  • Influential business leader, well-connected and highly regarded within the Irish insurance market with an existing portfolio of strong broker relationships
  • Demonstrate knowledge and skills within a regulated financial services business to become the approved person in the role
  • Entrepreneurial, can-do attitude, naturally curious about “what’s next”
  • Strong market awareness, implementing innovative changes that impact our business positively

Diversity, Equity & Inclusion:

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Location:
City Of London
Job Type:
FullTime
Category:
Management & Operations

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