Head of P&C Structuring & Pricing - CLRE
Dublin, IE
- Full Time Permanent position
- Hybrid role based in our Dublin City Centre offices
What we offer
We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week.
We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support to name but a few.
Further details on our benefits package can be accessed here Benefits (life-careers.com)
Role Overview
The Global P&C Business Unit is responsible for P&C transactions in International Markets. Global P&C offers Structured and Property Catastrophe Retrocession solutions to our clients in EMEA and APAC. We have grown significantly in recent years, and we have ambitious plans for continued growth. We are now seeking a Head of Structuring & Pricing to lead our Structuring & Pricing team and to oversee underwriting of new business.
This role requires a combination of strong leadership, business acumen and excellent technical and analytical skills. The individual will have a growth mindset and strong emotional intelligence with the ability to adapt to changing priorities as they arise. They will have the ability to lead, collaborate with and influence cross-functional teams across the organisation.
This is a permanent role is based in our Head Office in Central Dublin and will require a commitment to travel on occasion.
What you will be responsible for:
- Leadership: Lead and develop a high performing team in delivery of Global P&C’s business objectives. Work with Head of Global P&C to develop strategy for the Business Unit
- Client Relationship Management: Work with the structured and property cat retrocession underwriters to build relationships with key brokers and clients to deliver on CRS’ vision of being “reinsurer of choice”
- Product Development and Structuring: Develop and structure customised solutions to client needs and implement strategies for new products which optimize the benefit of reinsurance on client’s earnings, volatility or capital requirements as relevant while ensuring integration of CLRe’s P&C deal principles
- Underwriting and Risk Assessment: Lead and oversee the underwriting of new and renewing transactions in accordance with CL Re's underwriting guidelines and stage gate process. Champion a best-in-class approach to underwriting and ensure key risks are identified, investigated, well understood and appropriately identified and explained
- Pricing of Transactions: Ensure transactions are priced in a controlled environment and in line with the internal guidelines and processes. Ensure appropriate models are developed and maintained for pricing and projections of P&L and balance sheets for transactions
- Contract Negotiation: Negotiate contractual terms with brokers and/or clients in line with instructions from reinsuring entity and per internal processes ensure drafting of transaction mechanics is appropriately reflected and operational aspects are appropriately considered
- Portfolio Management: Ensure the effective management, monitoring and reporting of in force transactions by working collaboratively with the Actuarial, Finance and Operations teams and that underperforming transactions are appropriately highlighted and addressed
What you will need to be successful in the role
You will have knowledge of :
• P&C reinsurance and insurance markets, trends and risks
• P&C underwriting, modelling and pricing methodologies
• Structured solutions and principles of how deals are constructed
• Canadian and other approaches to calculating capital requirements
• Financial knowledge and drivers of cashflow, profit and capital
• Operational knowledge and awareness of drivers of success
• Knowledge and understanding of requirements of different stakeholders
• A well-rounded understanding of the drivers of sustainable growth and success
You'll have the following skills:
• Strong leadership skills with a growth and agile mindset
• Strategic thinker with critical judgement
• Excellent communication skills (verbal and written)
• Strong organisational and planning capability
• Disciplined and focused on accountability and delivery of results
• Strong interpersonal skills with a high level of emotional intelligence
• Proactive approach to problem solving
• Ability to lead, motivate and organise the team
• Ability to manage competing stakeholders and tasks concurrently
You will have previous experience in:
• Market practitioner at a senior level in the Property and Casualty reinsurance sector
• Client facing and relationship building expertise
• A Leadership role
• Dealing with key stakeholders and senior leadership
• Dealing with risk management on complex business
• Presenting at committee and Board level
• Contract reviews and negotiation
• Pricing and modelling expertise
Technical Competencies required:
• Actuarial or similar background (10+ years post-qualification experience)
• High technical proficiency with an innovative mindset
Fitness & Probity
This role is a ‘controlled function’ as defined by the Central Bank Reform Act 2010 Regulations 2011. Any appointment will be conditional on the company being satisfied that the appointee meets the requirements as set out in the Fitness and Probity standards issued by the Central Bank. This requires the company to complete prescribed due diligence to assess the appointee’s fitness and probity. Further details on this due diligence process are available from Human Resources.
About us
Canada Life Reinsurance (CL Re) is a division of Great-West Lifeco Inc. (Lifeco) and a leading provider of client focused reinsurance solutions in the United States, Europe and, more recently, Asia. CL Re offers a range of innovative risk and capital management solutions covering mortality, longevity, health, lapse, investment, non-life and P&C risk for insurers, reinsurers, and pension funds. CL Re is continuing to expand the reinsurance solutions it offers to new and existing clients in many global markets.
CL Re has offices in Dublin, Toronto, Philadelphia, Bermuda, Barbados, and Regina. The Dublin office is the base for CL Re’s European and Asian operations as well as the Irish reinsurance entity, Canada Life Re Ireland dac (CLReI). It comprises approximately 160 reinsurance professionals, including 115 actuaries and trainee actuaries. It is a proactive, inspiring, and friendly environment where talent and hard work are recognised and rewarded.
Lifeco and its companies have approximately $3.3 trillion in consolidated assets under administration and a capital ratio (LICAT) of 131% (as at 30/09/2025).
As a Company we are committed to a diverse and inclusive workplace where employees can thrive and reach their full potential.
The company reserves the right to draw up a shortlist as part of the selection process. Where Agency assistance is required the Canada Life Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Canada Life Reinsurance by Recruitment Agencies will not be accepted for this role.
Canada Life Group Services is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued. We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported. We have built a culture that promotes equality and inclusion for all of our current and future employees and strive to ensure that our behaviours, processes and practices are aligned to this culture.
If you require any accommodations during the recruitment process please contact Lifecareers@irishlife.ie and we will be delighted to ensure you are fully supported to be your best.
CLGS supports Equal Opportunity and is regulated by the Central Bank of Ireland.