Programme Manager: Ceded Reinsurance Transformation
Description
Programme Manager: Ceded Reinsurance Transformation New York |
Who We Are
SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.7 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s.
Programme Description
The company is transforming its Ceded Reinsurance operation to improve its effectiveness and accuracy, ultimately helping to achieve a diversified, balanced portfolio that generates low volatility and a low 90s COR throughout the cycle.
To achieve success, contributions will be needed from several teams across the company including: Underwriting, Ceded Reinsurance, Actuarial, Claims and Information Technology. The build will also be supported by an external consulting partner to drive progress, technical development and alignment with industry best practice. Given the multitude of key stakeholders and target timeline for delivery, the company is seeking a highly organized, detail oriented and adept programme manager to drive forward the initiative and deliver a first-rate product. The successful candidate will focus on delivery in 2025 and early 2026 with the opportunity to continue supporting future phased delivery beyond the initial phases.
Join Our Team
As the manager for this programme, you will report directly to the Global Head of Ceded Reinsurance and the Transformation Director. You will have dotted lines to the programme sponsors who are the Chief Underwriting Officer and Chief Financial Officer. You will also work closely with Ceded Reinsurance SMEs, data and enterprise architects, and dedicated delivery teams.
In this role, you will play a pivotal role in driving and coordinating key workstreams, managing dependencies with other programmes and projects in the transformation portfolio, managing suppliers and ensuring the programme deliverables align with SiriusPoint's strategic goals. You will oversee the project teams, act as a liaison between contractors, vendors, and SMEs, manage project timelines, scope changes, and mitigate risks and issues across the programme.
The location for the role is New York, US. Key project and business stakeholders are split between New York and London. The role will require flexibility in terms of working hours to accommodate working with US and UK time zones a minimum of 2 days per week (e.g., early start if EST time zone, starting at 7am or working to 7pm/8pm some evenings if working GMT time zone).
Your responsibilities will include:
- Own and manage the critical paths of the Ceded Reinsurance programme and work with the Transformation Office to make sure status, dependencies, and priorities are clear to senior leadership across the SiriusPoint transformation portfolio. This includes,
- Developing and managing programme timelines and milestones, and governance structures (e.g., RACI)
- Delivering programme governance alongside monitoring of KPIs and OKRs
- Identifying and mitigating programme risks; ensuring deliverables meet quality and compliance standards
- Managing scope changes through structured approval processes; updating and maintaining documentation
- Coordinating communication between external contractors, internal SMEs, and leadership; scheduling regular updates
- Support key focus areas in,
- Defining the target operating model; standardizing the end-to end process, defining the target technical accounting process and future automation, and defining the target team structure and upskilling team members involved in the workflow
- Implementing a new Ceded Reinsurance system; refining requirements and selecting a vendor based on a detailed RfP process
- Continuing ongoing SICS system enhancements from H1 2025, baselining and documenting SICS business rules
- Develop and maintain strong relationships with key stakeholders, including senior management and vendors – utilize prior experience of IT implementation projects when working with internal SMEs & external partners
- Define and manage accountabilities within the supplier ecosystem, oversee relationships, ensure compliance, and optimize performance
- Manage resources and budget
- Monitor resource allocation and utilization/burn rates
- Report on existing resource utilization and current spending across the programme
- Manage forecast, future resource capacity
- Manage forecast, future budget and spending
- Shape and drive selected business change, communication and engagement activities with key internal stakeholders
- Ensure adherence to programme and change management policy and methodologies, as per PMO guidelines
- Ensure successful closure of the projects and handover to Business As Usual (BAU), including but not limited to training, user onboarding, support transition and ongoing license management
- The candidate should have 10+ years’ experience in programme management and experience of programme management in the insurance sector
United behind common goals
At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.
Our Purpose is to provide security and resilience in an uncertain world.
Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.
Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.
Our Values are at the heart of our business, and which guide every day actions and decision making.
- Integrity: Integrity, respect and trust are our core principles
- Customer Focused: Our customers are the reason we exist
- Solution Driven: Creating solutions is our mindset
- Diversity: Diversity, inclusion and allyship make us stronger
- Collaboration: Collaboration drives outperformance
Your skills and abilities should include:
Education and Foundational Knowledge
- Bachelor’s degree in business, finance, computer science, computer engineering, electrical engineering, system analysis or a related field of study, or equivalent experience
- Solid understanding of insurance, ceded reinsurance, pricing, exposure management, finance, capital management, and technology (does not have to be ‘hands on’ technology experience but should be comfortable managing technical teams.)
- Ideally, deep understanding of insurance operations, including policy administration, underwriting, claims handling, financial reporting, compliance, and risk management
Programme Management Skills
- Ability to manage multiple projects, and workstreams within the projects
- Ability to create detailed project plans and adeptness at managing and adjusting on a daily and weekly basis
- Being organized and ability to manage multiple priorities independently
- Ability to adhere to personal deadlines and manage teams to meet deadlines
- Experience in managing and coordinating resources across multiple time zones; working with different geographies and cultures to lead teams toward a common set of programme goals
- Experience managing programmes that involve partnering with vendors and working across the whole business
- Experience working with security, legal, audit departments, both internal and external
- Ability to align projects with broader business goals and operational needs
- Proficient in implementing effective programme governance and KPIs & OKRs
Problem-Solving & Process Expertise
- Strong problem-solving skills with the ability to foresee and address challenges proactively
- Proactiveness in managing programme risks and dependencies (within projects, across projects, programmes, and externally), encouraging this discipline across the programme teams
- Experience in business process flow management
Stakeholder Management and Communication Skills
- Excellent stakeholder management and communication skills (verbal and written), presentation skills, soft and interpersonal skills
- Ability to navigate complex organisational dynamics; experience working directly with business partners
- Strong capabilities to execute and deliver written programme communications, such as writing risk reports, status reports, SteerCo presentations
- Meeting organization skills (setting meeting agendas and facilitating meetings); ability to proactively plan, organize, and execute meetings to achieve desired outcomes
Route-to-live and Business Change Skills
- Experience of taking complex programmes live, including preparing and executing “playbooks” for the implementation of people, processes, and technology into production
- Experience in leading programmes through critical test phases, including planning, organizing, and leading the testing phase with QA support
- Skilled in implementing business and process changes, including organizing training and introducing new ways of working (incl. agile methodologies)
- Experience in ensuring business readiness and transitioning programme work to BAU processes
Leadership Skills
- Ability to lead and motivate others ‘by example’
- Willingness to take accountability and ownership of all aspects of all projects; ability to stay close to the projects while empowering the team to deliver their work
- Strong interpersonal skills, with the ability to effectively address conflicts and issues
- Strengths in escalating when required to help resolve conflicts
SALARY: We are open to setting this up as a day rate contract at $900 - $1,100 per day due to the specialist nature of the engagement. We are also open to other contracting options.
Why Should You Join SiriusPoint?
Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.
We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package. The following are some of the benefits and perks we offer our employees:
- Medical
- Dental
- Vision
- FSA Medical and Dependent care
- Health Savings Account (HSA)
- EAP
- Basic Life and AD&D (company paid)
- Basic Long-Term Disability (employer) paid-Taxable income
- Employee paid Long Term Disability(voluntary)
- Company Medical Leave, Parental leave- 8 weeks full pay after 6 months of service
- Voluntary benefits: short term disability, Critical illness, Hospital Indemnity, Accident
- Travel assistance programs Company paid
- 401(k) 6 % safe harbor match, fully vested after two years, pre- and post-tax contributions allowed
- Gym reimbursement
- Legal plan
- Pet Insurance
- Tuition reimbursement
- Generous PTO
- Flexible work arrangement
- Fully stacked pantry on-site
- Team outings
- ERG Groups
We Achieve More Together
At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business.
We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.