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