Casualty Director

at  Benefact Group

KNOWLEDGE, SKILLS AND EXPERIENCE

• ACII qualified.
• Experience at a senior underwriting leadership level in commercial Casualty insurance.
• Detailed understanding of Casualty policy wordings, risk selection and pricing techniques.
• Sound understanding of types and strategic use of reinsurance.
• Highly credible in UK insurance market, with personal authority and credibility to establish a strong Ecclesiastical presence nationally.

ABOUT US

Benefact Group is a unique international financial services Group made up of over 30 businesses. We are owned by a charity and are currently the UK’s 3rd largest corporate donor, having given away £200 million since 2016. We have ambitious plans to become the UK’s number one corporate donor, with strategic objectives in place to double the Group’s size.
We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development. Our giving ethos, 135-year history and the diversity of what we do, has enabled us to build a culture of kindness, great ambition, and of passionate people driven to do better and be better.
At Benefact Group, we are committed to creating an inclusive culture and building an environment where each and every one of us feels valued and respected. We are a community made up of people with a range of different backgrounds, abilities, perspectives, beliefs and interests and we value the strength this brings to us as a Group. We welcome applications from everyone.
If you need any additional support during the recruitment process, then please let us know.

ABOUT THE ROLE

Ecclesiastical Insurance, who are proudly part of Benefact Group are looking for a Casualty Director to join our London office.

ABOUT THE ROLE

We have a fantastic opportunity for a Casualty Director to join our well established, high performing commercial Casualty team. In this pivotal role, you will be responsible for leading an experienced team of people to shape the underwriting strategy, define our risk appetite and drive a sophisticated pricing approach across our Casualty lines of business. We are at an exciting growth stage of our development and you will play a key role in empowering our Underwriters to support sustainable growth, ensuring we remain a specialist in our chosen markets.
This a thoroughly rewarding opportunity to make an impact within a purpose led organisation that gives all available profits to charities and good causes.

KEY RESPONSIBILITIES

• Leadership - Act as the lead expert across the Casualty portfolio for Ecclesiastical Insurance, providing deep technical expertise and strategic guidance.
• Portfolio Management - Ensuring that the Group has a fit for purpose and proportionate portfolio management underwriting framework for all of its Casualty businesses in addition to providing effective challenge to the trading teams, ensuring continued focus on the delivery of the financial plans.
• Technical Referrals – Provide an independent view on issues arising from formal referrals for the largest and most complex risks or where there is a departure from the existing offering or practice. Ensuring that underwriting decisions are well informed, balanced and aligned with our overall risk appetite.
• Training and Development - To provide overall leadership for the technical development of Casualty Underwriters, the monitoring of technical competency and ensuring the need for technical succession is fulfilled. Promoting professional qualifications. Arranging and participating in technical training for Ecclesiastical Insurance, our key partners and customers.
• Relationships - Ensuring adequate liaison between Underwriting, Claims and Risk Management to foster collaboration and that Claims and Risk Management philosophies align with our underwriting strategy. Support and strengthen key broker and customer relationships to ensure our products continue to meet the needs of our customers.
• Compliance – Ensure the Casualty portfolio operates in line with Group control environment (including agreed authorities, business standards), risk management framework and UK regulatory and compliance requirements.
• Reinsurance - Reviewing the appropriateness of Group reinsurance coverages and working closely with the Reinsurance Team to deliver an optimal reinsurance programme.
• Market Developments – Review emerging technical and legal issues, as well as market developments to support the ongoing development of the Casualty portfolio.
• Underwriting Appetite – Approving and monitoring any changes to the UK underwriting appetite including the identification of future appetite expansions to support our ambitious growth strategy.