Deputy Head of Ceded Reinsurance

Underwriting New York, New York




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Global Head of Casualty Underwriting 

New York 


Who We Are 

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as ‘One SiriusPoint’, to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance. 


We have underwriting hubs in Bermuda, Liege, London, New York, Stockholm and Zurich, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.  


Join Our Team    

You will be Global Head of Casualty Underwriting and report to the Global CUO. You will be responsible for shaping and driving the overall business strategy and appetite for Casualty Underwriting. This role is fundamental to our ability to grow the business profitably and strategically. Your responsibilities will include: 

  • Ensure appropriate pricing tools, systems and controls are in place and adhered to for the monitoring of product underwriting activities, including exposure, income, risk, and performance.
  • Conduct product business reviews, including review of loss and industry information to identify systemic issues; product area deep dives; and quarterly report on product strategy and performance.
  • Monitor and reporting on shock events (Risk and CAT) impacting Casualty Underwriting
  • Product governance including:
  1. Set and monitor product underwriting authority limits for underwriters based on direction set by Group Casualty Underwriting Officer (CUO);
  2. Product wording guidelines;
  3. Product referrals; and
  4. Serve as product area of expertise for new opportunities.
  • Direct owner/trader of all or portion of product portfolio (important that Product Head is outward facing and, in the markets, to inform views and for economic efficiency).


Key Accountabilities 


  • Working collaboratively with key stakeholders to design, promote, and execute underwriting strategies to achieve the Casualty business plan.
  • Collate and own the Casualty P&L (including SiriusPoint’s Binding contract business). Monitor variances against plan and work with key underwriters to take remedial action where performance deviates from plan.
  • Allocate capacity to region and product according to the optimal dynamics of the portfolio whilst considering exposure relative to SiriusPoint’s extended peer group.
  • Ensure that SiriusPoint’s Casualty aggregations including clash exposures remain within approved Group risk tolerances and Underwriting Guidelines.
  • Develop a framework to execute new Top Line and Bottom-Line initiatives and embed this in the Underwriting process.
  • Establish, develop, and chair an Emerging Hazards Forum. Evaluate the impact Emerging Risks may have on Current and Prior Underwriting year loss ratios and how these trends should influence future Underwriting strategy.
  • Work with HR to design a clear systematic training program for junior underwriters.
  • Engage with key stakeholders across the Group to formulate future Casualty plans that are both ambitious but realistic.
  • Working with Brokers and Insureds to reinforce SiriusPoint Casualty underwriting positions.


Organizational Accountabilities 


  • Work collaboratively with the CUO to ensure that their views are incorporated into Casualty underwriting strategies and that strategies are aligned with executive management expectation.
  • Pro-active stakeholder engagement including local face-to-face local meetings.
  • Close involvement with the actuarial team to continuously improve pricing and return on capital tools and to ensure that loss ratios in Casualty Business Plans are both robust and appropriate.
  • Transfer expectations and knowledge to Casualty underwriters regarding Senior Management perceptions of acceptable and attractive risk and to ensure ‘buy-in’ to Underwriting Strategy. Work collaboratively with these parties to ensure the execution of the Casualty business plan.
  • Close involvement with Head of Exposure Management to ensure that the loss assessment framework is appropriate for Casualty lines.
  • Close involvement with Group ERM to present information as required for Group Board reports and presentations to Rating Agencies/Regulators.


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

Technical Skills & Experience 

  • Extensive casualty related experience in a variety of markets (E&S, Admitted)
  • Strong Wholesale experience as book is predominantly a Wholesale distributed business.
  • 15+ years-experience at a senior level within casualty underwriting.
  • Proven track record of directing and optimizing portfolios whilst simultaneously improving underwriting results.
  • Demonstrable ability to work effectively with a wide range of stakeholders across regions and the full spectrum of hierarchy.

SALARY:  The estimated salary range for this position is $350,000 per year to $400,000 per year. This is a good-faith assessment of the salary range for this position only.  In determining the actual salary within this range, SiriusPoint will consider a candidate’s relevant experience, location, and other job-related factors. 


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 outing
  • 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.