The Opportunity Zurich Canada is looking for a VP, Reinsurance Director to join our team in Toronto or Montreal. The role involves developing and managing complex reinsurance strategies and high-level relationships with reinsurers, brokers and portfolio managers at the SVP level. Reporting to the EVP Chief Underwriting Officer and in alignment with Group Reinsurance, you will lead the Reinsurance Strategy development and execution, including building and executing reinsurance placements that meet business needs. This is a unique opportunity to grow in a supportive environment where your voice matters. The role follows a hybrid work model requiring four days per week in-person presence, which may include time in the office or market-facing engagements. Zurich Canada uses AI-enabled tools in the recruitment process. AI is not the sole basis for shortlisting or selection. All hiring decisions are reviewed and made by qualified hiring professionals. What you will do Working closely with the EVP Chief Underwriting Officer, SVP Technical Director and SVP Chief Pricing Actuary to position you as an objective business partner and develop, align treaty level reinsurance strategies with key stakeholders to support our business strategy and growth plan in Canada, including portfolio and growth strategy optimization. Collaborate with Group Reinsurance and Canadian BU Analytics to incorporate their input into decision-making. Support Treaty Premium Planning & Analysis. Oversee treaty contract compliance. Responsibilities also include senior management related responsibilities such as: Ensure data is suitable for external and internal treaty pricing purposes Collect and validate exposure information from the business Design scope of cover; determine contract wording; release submission Negotiate and finalize terms and conditions with approved reinsurers; finalize contract wordings Coordinate running internal pricing models, benchmark price calculation, and/or validation of risk transfer Complete compliance forms, including sign-off from Group Reinsurance Legal, as required Ensure reinsurance governance is adhered to and documented per Zurich Risk Policy Business travel as required Extended hours during peak periods as required What you bring to the table Ability to build strong business partner relationships Experience working across business units/functions and collaborating in a team environment Minimum of 10 years’ experience in reinsurance underwriting or brokerage Profound understanding of OSFI’s supervisory expectations of sound reinsurance practices and procedures Strong verbal and written communication abilities, capable of engaging with senior management Proficiency and motivation in working with technical details Strategic thinking capabilities Proficiency in influencing and negotiation Required: Bachelor’s degree, preferably in finance or economics Preferred: Strong analytics skillset Advanced knowledge of reinsurance contracts Negotiation and business partnering experience MBA or postgraduate studies Bilingual in English and French would be considered a strong asset At Zurich Canada, we are committed to pay equity. We determine compensation based on objective criteria such as skills, experience, and internal equity. The base salary range for this position is $150,000 to $200,000. This range reflects the expected pay for the role across Canada and may vary depending on office location, responsibilities, and qualifications. As required by local law, Zurich provides in good faith a reasonable compensation range, but starting salaries may exceed this range based on a candidate’s skills and experience. Our Culture At Zurich, we value diversity, inclusion, equity and belonging. We offer a collaborative culture, comprehensive health/benefits, and a competitive total compensation package. We provide four weeks of vacation per year and four personal days per year. We are committed to continuous learning and development and to giving back to our communities. Zurich has received awards for workplace culture, including Greater Toronto’s Top Employers and Insurance Business Canada’s 5-Star Diversity, Equity and Inclusion Award. Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us. About Us Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with about 55,000 employees worldwide. Zurich Canada serves mid-sized and large companies and multinational corporations in the Canadian commercial market. We aim to be the premier partner for risk management professionals and support sustainable change together with our people, customers and communities. Zurich Canada has offices across the country and offers the global strength of a top insurer with local expertise. #J-18808-Ljbffr
Vp, Reinsurance Director
ZURICH 56 COMPANY LTD
toronto, toronto
Published 27 days ago
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