London - United Kingdom Fronting and Reinsurance Manager

Prima leads the revolution of the insurance world with innovation and technology, data-driven strategy, and world class talents. Born innovators, we work every day to provide a “great experience and great prices” to our customers. We have redesigned and digitized the entire insurance value chain powered by the most advanced tech stack and data analytics capabilities.

Since the first policy was sold in 2015, Prima has acquired over 2.5 million customers and has grown a team of 800 Prima People. In 2018, the tech company experienced the largest venture capital increase in Italian history: a 100-million-euro agreement signed by Goldman Sachs and Blackstone. We are the leading online insurance in motor market in Italy, but our appetite for growth is huge and drives our global expansion in Europe with our offices in UK and Spain, where we are redesigning and digitizing the entire insurance value chain.

We are looking for a brilliant Fronting and Reinsurance Manager who, reporting directly to the Group Chief UW Officer, will directly manage, in collaboration with our Reinsurance Brokers, Prima’s reinsurance needs: excess of loss and proportional treaties as well as structured solutions covering the different countries in which we are present.

As a Reinsurance Manager, you will have a wide-reaching ownership, covering multiple areas including:

• Negotiating financials and writing the contracts clauses
• Acting as single interface with our Partner Reinsurance and Fronter companies and Brokers
• Supporting the planning process in collaboration with Finance and Underwriting in terms of reinsurance
• Coordinating the data and information flow with Fronters and Reinsurers as required by the treaties

Requirements

Responsibilities may develop to reflect both level of experience and the evolving strategy of the business.

• Experience of about 10 years in drafting and managing reinsurance treaties
• Solid experience developed in non-Life products with focus on Motor
• Proved negotiation skills based on quantitative approach
• Knowledge of rating tools and reinsurance treaty pricing
• Fluency in written and spoken English

Nice to have:

• A genuine interest in learning more about the insurtech world
• Knowledge of other European languages
• Proactive and positive attitude
• Passion for innovation and constant improvement of processes and technologies

Benefits

We will give you all you need to express your talent and work at your best:

• Innovative and informal workplace
• Latest generation devices and tools
• Constant training (internal and external)
• Welfare and company benefits
• Team building events

We will evaluate salary and contract terms during the interview, in order to ensure you an offer adequate to your experience and to your competence.

The employment is Full Time and we consider hiring for our offices in Italy, UK, Spain, Germany and Holland or in Full Remote in the same geographical areas.

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Prima is an equal opportunity employer that is committed to diversity and inclusion in the workplace. The company prohibits discrimination of any kind based on race, colour, sex, religion, sexual orientation, nationality, disability, genetic information, pregnancy, or any other protected characteristic as outlined by national laws.