RenaissanceRe
Global Head of Casualty Claims
RenaissanceRe, New York, New York, us, 10261
RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.
Our global team shares a passion for solving our customers' biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
About RenaissanceRe
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We're experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).
About the Position
Reporting to the SVP, Group Head of Claims, the SVP, Head of Casualty Claims will be an active member of the Claims Leadership Team and will be responsible for the overall coordination and consistency of approach to casualty claims in the group. In this dynamic role you will bring an expert, global, overview of casualty claims and facilitate coordination, consistency and understanding of assumed losses and associated issues across the organisation - developing meaningful relationships with stakeholders in all areas of the business and with external partners. In your role you will be expected to become a key contact point for senior leadership across the organisation to support the increased contribution of claims into the overall business process.
Key ResponsibilitiesTo be an active member of the claims leadership team - contributing to the strategic development and direction of the team going forward.Oversight and coordination of Group exposure to major casualty claims - requiring:
Close collaboration with local claims teams and claims leadership.Monitoring of claims activity and support of group exposure analysis.Ownership of communication of any major matters arising.Provision of technical leadership & guidance to members of the global claims team - including shaping and supporting delivery of training opportunities, contribution to individual development reviews with relevant people managers.
Ownership (in conjunction with Claims Leadership team) of client audit/review process - ensuring coordination across balance sheets, continuous review and improvement of methodology and toolset - as well as management of communication of outcomes/insights.Partnership with data & analytics team to support/contribute to the development of claims insights capabilities.Collaborate with Underwriting team(s) and leadership to understand appetite and strategy - and to contribute to development from claims perspective.Partnership with other internal stakeholders including risk, actuarial and legal to ensure the appropriate level of engagement and information sharing.To foster meaningful relationships with external stakeholders (brokers and clients) to support the communication of the group claims strategy and approach
Candidate Qualifications:
A university degree is preferred - with law or business emphasis being advantageous.Minimum 10 years prior relevant industry experience with at least 5 years in a senior leadership position.Deep knowledge of casualty claims from a technical and legal perspective.Eloquent, passionate and with the ability to translate strategic plans into tangible, tactical steps/plans.Ability to engage, influence and partner with others to ensure continual refinement and ultimate delivery of objectives.Leadership Competencies & Values:
Impact: In conjunction with the Group Head of Claims, sets objectives, delivers results, and implements policies/operational targets with direct impact on the department or individual work outcomesExecution: Proactively identifies resources, actions and timelines needed to achieve objectives, effectively balancing tactical pressures with broader implications and downstream impactCommunication: Shares relevant information in a timely manner with stakeholders and conveys points of view in a way that influences opinions and demonstrates flexibilityClient and solutions focus: Identifies process and service opportunities that enhance the external and internal client experience and outcomesInnovation: Stretches self and others to think differently and innovatively, drawing upon multiple sources for ideas and inspirationLearning mindset: Seeks out and explores new assignments, exposure, or challenges in order to enhance technical skillsValues: Exemplifies and champions RenaissanceRe's core values of Focus, Respect, Integrity, Precision, Passion
The full-time base salary range for this position is $250,000-$275,000 per year; base salary offered may vary based on job-related knowledge, skills, and experience. The position is eligible for bonus and a comprehensive benefits package. This information is provided per the New York City Human Rights Law and applies only to positions in New York City.
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Our global team shares a passion for solving our customers' biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
About RenaissanceRe
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We're experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).
About the Position
Reporting to the SVP, Group Head of Claims, the SVP, Head of Casualty Claims will be an active member of the Claims Leadership Team and will be responsible for the overall coordination and consistency of approach to casualty claims in the group. In this dynamic role you will bring an expert, global, overview of casualty claims and facilitate coordination, consistency and understanding of assumed losses and associated issues across the organisation - developing meaningful relationships with stakeholders in all areas of the business and with external partners. In your role you will be expected to become a key contact point for senior leadership across the organisation to support the increased contribution of claims into the overall business process.
Key ResponsibilitiesTo be an active member of the claims leadership team - contributing to the strategic development and direction of the team going forward.Oversight and coordination of Group exposure to major casualty claims - requiring:
Close collaboration with local claims teams and claims leadership.Monitoring of claims activity and support of group exposure analysis.Ownership of communication of any major matters arising.Provision of technical leadership & guidance to members of the global claims team - including shaping and supporting delivery of training opportunities, contribution to individual development reviews with relevant people managers.
Ownership (in conjunction with Claims Leadership team) of client audit/review process - ensuring coordination across balance sheets, continuous review and improvement of methodology and toolset - as well as management of communication of outcomes/insights.Partnership with data & analytics team to support/contribute to the development of claims insights capabilities.Collaborate with Underwriting team(s) and leadership to understand appetite and strategy - and to contribute to development from claims perspective.Partnership with other internal stakeholders including risk, actuarial and legal to ensure the appropriate level of engagement and information sharing.To foster meaningful relationships with external stakeholders (brokers and clients) to support the communication of the group claims strategy and approach
Candidate Qualifications:
A university degree is preferred - with law or business emphasis being advantageous.Minimum 10 years prior relevant industry experience with at least 5 years in a senior leadership position.Deep knowledge of casualty claims from a technical and legal perspective.Eloquent, passionate and with the ability to translate strategic plans into tangible, tactical steps/plans.Ability to engage, influence and partner with others to ensure continual refinement and ultimate delivery of objectives.Leadership Competencies & Values:
Impact: In conjunction with the Group Head of Claims, sets objectives, delivers results, and implements policies/operational targets with direct impact on the department or individual work outcomesExecution: Proactively identifies resources, actions and timelines needed to achieve objectives, effectively balancing tactical pressures with broader implications and downstream impactCommunication: Shares relevant information in a timely manner with stakeholders and conveys points of view in a way that influences opinions and demonstrates flexibilityClient and solutions focus: Identifies process and service opportunities that enhance the external and internal client experience and outcomesInnovation: Stretches self and others to think differently and innovatively, drawing upon multiple sources for ideas and inspirationLearning mindset: Seeks out and explores new assignments, exposure, or challenges in order to enhance technical skillsValues: Exemplifies and champions RenaissanceRe's core values of Focus, Respect, Integrity, Precision, Passion
The full-time base salary range for this position is $250,000-$275,000 per year; base salary offered may vary based on job-related knowledge, skills, and experience. The position is eligible for bonus and a comprehensive benefits package. This information is provided per the New York City Human Rights Law and applies only to positions in New York City.
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.