Zurich Canada Reinsurance Manager

The Opportunity

Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.  

If you have experience in Reinsurance and are looking for a new challenge, we would love to hear from you.  

Zurich Canada is currently looking for a Reinsurance Manager to develop and execute a reinsurance strategy to support our business strategy and plan in Canada.   

Reporting to the VP, Reinsurance Management within Group Reinsurance, Zurich's central Reinsurance function, and the CFO of Zurich’s Canadian BU, you will work in line with the global reinsurance strategy, as  the Reinsurance Manager in Canada.  This role  will act independently and work under minimal direction.  The Reinsurance Manager will work to develop, align, and execute our reinsurance strategy.  This includes alignment of our treaty-level reinsurance strategy with stakeholders, developing a marketing plan using data, negotiations with reinsurers, conclusion, documentation, and signing of highly complex treaty reinsurance agreements in accordance with the personal underwriting authority granted by the Group.  Additionally, this role is accountable for developing and managing relationships with internal and external stakeholders and reinsurance partners.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.  

This is a Hybrid role.

What you will do - 

• Positioned as an objective business partner, develops, and aligns treaty level reinsurance strategies, in conjunction with key stakeholders, to support our business strategy and plan in Canada.  This includes treaty structural optimization and scope of cover.
• Executes treaty reinsurance agreements, which includes managing a data call process, communicating, and negotiating with reinsurance partners, contract development, execution, and documentation of reinsurance agreements.
• Works closely with Group Reinsurance and Canadian BU Analytics colleagues and utilizes their input and findings in the decision-making process.
• Collect and validate exposure and experience information from Business Units.  Release data calls, perform quality control, and analysis of data received including aggregation of information for submission.  Ensure data is suitable for external and internal treaty pricing purposes.  Collect and validate exposure information from Business Units.
• Ensure reinsurance governance in accordance with the Zurich Risk Policy is adhered to and documented as required. 
• Actively supports and promotes relationship management with the Zurich Business Units, and where applicable, supports the relationship management of attributed cedents, reinsurers, and/or reinsurance brokers.
• Supports Treaty Premium Planning & Analysis for assigned business.
• Oversees treaty contract compliance.
 

Job Qualifications

What you bring to the table: 

•    Strong business partnering skills.
•    Experience working across business units/functions and collaboration in a team environment.
•    Exceptional communication abilities, capable of engaging at an executive level.
•    Proficiency in working with technical details.
•    Strategic thinking capabilities
•    Proficiency in influencing and negotiation (this can be developed over time)

Required:

• Bachelors Degree and 7 or more years of experience in the Reinsurance area.

OR

• High School Diploma or Equivalent and 9 or more years of experience in the Reinsurance area.

Preferred:

• Strong verbal and written communications skills
• Insurance industry experience
• Strong analytics skillset (cat modeling, economic capital, actuarial pricing, etc.).
• Business partnering experience.
• Negotiation experience.
• Insurance industry experience
 

Our Culture

At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DEIB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome. 

We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.  

We care about our employees’ well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package. 

We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that. 

We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.  

We are committed to continuous improvement, and offer access to a comprehensive range of training and development opportunities.  

We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources. 

We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto’s Top Employers and to have received Insurance Business Canada’s 5-Star Diversity, Equity and Inclusion Award.  

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.  

About Us 

Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets. Zurich Canada aspires to be risk management professionals’ first choice as their premier partner to help meet the risk challenges of today and tomorrow. Read more at www.zurichcanada.com.