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VP, Reinsurance
Veracity Software Inc
๐จ๐ฆ Canada
Hybrid
Manager or above
6 months ago
- Regulatory Compliance
6 months ago
Not enough detail in this posting to match
Location: Toronto, Ontario, Canada
Employment Type: Full-Time
Flexible work from home days
4 Days in office.
TheVP, Reinsurance will lead the development and execution of reinsurance strategies, working closely with executive leadership and global teams. This role will drive portfolio optimization, treaty structuring, and high-level relationship management with reinsurers, brokers, and internal stakeholders.
Reporting to the EVP Chief Underwriting Officer, this position plays a critical role in aligning reinsurance strategy with business growth objectives across Canada.
Key Responsibilities
Reinsurance Strategy & Leadership
- Develop and executetreaty-level reinsurance strategies aligned with business goals
- Partner with senior leadership to supportportfolio growth and optimization
- Collaborate with Group Reinsurance and analytics teams for decision-making
- Design reinsurance structures, including:
- Scope of cover
- Contract wording
- Submission strategy
- Lead negotiations with reinsurers and finalize contract agreements
- Ensure treaty premium planning and performance analysis
- Ensure compliance withOSFI reinsurance guidelines and Zurich Risk Policy
- Oversee contract compliance and regulatory documentation
- Coordinate internal approvals including legal and compliance sign-offs
- Validate exposure data and ensure data integrity for pricing models
- Coordinate internal pricing models and risk transfer validation
- Support benchmarking and actuarial collaboration
- Build and manage relationships with:
- Reinsurers
- Brokers
- Portfolio Managers
- Internal business units
- Act as astrategic business partner at executive level
- Bachelor's Degree in Finance, Economics, or related field
- 10+ years of experience in Reinsurance underwriting or brokerage
- Strong knowledge ofOSFI regulations and reinsurance practices
- Proven experience intreaty structuring and negotiations
- Strong communication skills with ability to engage senior leadership
- MBA or Postgraduate Degree
- Advanced knowledge of reinsurance contracts and pricing
- Strong analytics and strategic thinking skills
- Experience in business partnering and cross-functional leadership
- Bilingual (English & French) โ Strong asset
- Reinsurance Strategy & Portfolio Management
- Treaty Structuring & Negotiation
- Regulatory Compliance (OSFI)
- Financial & Risk Analysis
- Stakeholder & Relationship Management
- Strategic Thinking & Decision Making
- Executive Communication & Influence
Full Name:
Degree Major with University and Completion Year:
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Experience in Underwriting / Brokerage:
Experience in Reinsurance underwriting or brokerage (10+ years):
Experience with treaty structuring and negotiations:
Knowledge of OSFI regulations:
Experience working with senior stakeholders / executives:
Motivation / Reason for Relocation (if not local):
Motivation / Reason for interest in this position:
Contact Number:
Email ID:
LinkedIn Profile URL:
Full Address (Street, City, State, Zip Code):
Notice Period (in weeks):
Current Work Authorization Status:
Expected Salary:
Are you able to relocate on your own expenses and work 100% ON-SITE in Toronto, Ontario, Canada?
VP, Reinsurance ยท Veracity Software Inc