Head of Underwriting and Claims Services

WTW is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. WTW has 45,000 employees in more than 140 countries.  Willis (Bermuda) Limited wishes to recruit a new Head of Business Development & Consulting for its Captive & Insurance Management business in Bermuda, Willis Towers Watson Management (Bermuda) Limited (WTWMB). 

The successful applicant will be responsible for leading WTWMB’s underwriting and claims services as well as contributing to risk financing and insurance consulting for our portfolio of insurance companies under management. This is a senior position within WTWM. The duties of the role will include:

The Role:

• Be responsible for the provision of underwriting services to a portfolio of captive insurance companies as well as other commercial companies
• Management of our Underwriting & Claims team
• Sit on our local Executive Committee that oversees the business operations of WTWMB
• Provide insurance and risk financing advice to our clients, particularly those with complex needs
• Support for mentoring and professional development of WTWMB’s broader service team
• Technical support for other team members, particularly in underwriting and related matters
• Cooperation and teamwork with other WTWMB personnel and throughout the WTW network
• Management of WTWMB’s relationships with a number of its more complex clients

The Requirement:

The successful candidate will satisfy the following minimum requirements:

• Bachelor’s degree, and/or be a fully qualified insurance professional with either an ACII/FCII/CPCU professional designation or a relevant equivalent
• Minimum 10 years management experience together with at least 15 years’ experience in the insurance industry, preferably with captive insurance business
• Hands on experience in managing captives and insurance management relationships
• Significant experience with the Bermuda regulatory environment 
• Superior organizational skills and project management experience
• Excellent presentation and communication skills with a detail orientated commitment.
• Extensive computer experience with Microsoft Excel, Word and similar software packages.   
• Able to work under own initiative and meet tight deadlines. 

This is an excellent opportunity for a senior enthusiastic, self-motivated and organized individual who is willing to integrate into a hard-working team in a dynamic and growing office.  We offer a competitive benefit package and salary commensurate with experience.  Please note the hired candidate will be required to provide a clean,
current Police Certificate of Good Standing.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

This role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Group Critical Illness, Life Insurance, AD&D, and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off, Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, Jury Duty, Military Leave, and Parental and Adoption Leave)
• Retirement Benefits: Non Contributory Pension Plan.

EOE, including disability/vets

This position will remain posted for a minimum of five business days from the date posted or until sufficient/appropriate candidate slate has been identified.