Insurance Executive - R_359870

Description Our client's captive solutions division offers industry-leading experience in captive program design and management, with captive professionals and offices throughout all the world's major captive domiciles. The Cayman office is seeking candidates for the following position, based in Grand Cayman.

The Insurance Executive is responsible for handling technical insurance and reinsurance matters of a portfolio of Cayman clients, consisting primarily of but not limited to captive insurance and re/insurance entities. The role acts as a contact and resource on all insurance related issues and matters to ensure the delivery of high-quality service to clients, whilst providing technical insurance support to colleagues in the Cayman team. Provide insurance monitoring and control and ensures regulatory compliance. It is a consulting, advisory, and managerial position.

We will count on you to:

• Reports to the Senior Vice President and Insurance Leader
• Manages the (re)insurance renewal process in a timely manner
• Issues and inputs (re)insurance contracts, policy wordings, and endorsements
• Leads and provides strategic input into program structure, design, and analysis
• Oversees claims processing and resolution, including claims reviews
• Ensures regulatory compliance
• Acts as Client Executive for nominated clients
• Establishes and maintains strong working relationships with clients, prospects, brokers, other service providers, client teams, and colleagues
• Partners with accounting colleagues; monitors developments in the insurance, reinsurance, and captive marketplace; can speak with clients and prospects about matters that affect them
• Interacts with regulators to support changes to clients' business; serves as a technical resource for colleagues in the Cayman team; discusses regulatory updates with clients; negotiates fees and management agreements; manages colleagues as required; performs other job-related duties as required

What you need to have:

• Internationally recognized insurance and/or risk management qualification, such as A.C.I.I. or CPCU
• Minimum of 5 years of (re)insurance experience, ideally including captive management
• Minimum of 5 years of recent experience building customer relationships in an insurance management and/or client services role
• Working knowledge of investment and insurance accounting
• Strong knowledge of captive and (re)insurance policy and agreement structures
• Proficiency with Microsoft Office Suite; ability to manage own workload, work effectively as part of a team, work well under pressure, adapt to changing priorities, multitask, attend and present at meetings overseas, provide insurance training to colleagues, lead client and prospect meetings, and research complex matters independently

What makes you stand out:

• Minimum of 3 years of recent supervisory or management experience preferred
• Experience in an insurance regulatory environment preferred

Why join the team:

• You are supported to be your best through professional development opportunities, interesting work and supportive leaders.
• The organisation fosters a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients and communities.
• Its scale enables a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Location Grand Cayman, Cayman Islands.

Must Have

• Internationally recognized insurance and/or risk management qualification, such as A.C.I.I. or CPCU
• Minimum of 5 years of (re)insurance experience, ideally including captive management
• Minimum of 5 years of recent experience building customer relationships in an insurance management and/or client services role
• Working knowledge of investment and insurance accounting
• Strong knowledge of captive and (re)insurance policy and agreement structures
• Proficiency with Microsoft Office Suite; ability to manage own workload, work effectively as part of a team, work well under pressure, adapt to changing priorities, multitask, attend and present at meetings overseas, provide insurance training to colleagues, lead client and prospect meetings, and research complex matters independently

Nice to Have

• Minimum of 3 years of recent supervisory or management experience preferred
• Experience in an insurance regulatory environment preferred