Portfolio Manager

Key purpose of job:
Job title: Portfolio Manager
Type: Permanent
Location: Across any our European Offices

Key purpose of job:

The Portfolio Manager will be expected to work across the portfolio management team, providing assistance to the underwriting teams to ensure business objectives and initiatives are met. This will include:

Coordination of underwriting activities for their respective Lines of Business
Support underwriting teams on Growth Walk 2 and represent the UW-teams across various stakeholders to assure UW teams get what they need to achieve their goals.
Work closely with Head of Portfolio Management, respective operational leads and Business Change to implement change effectively for their respective Lines of Business.
Producing innovative and high quality recommendations to support underwriting growth, portfolio optimization (where to get the best risk adjusted returns) and remediation initiatives supported by detailed research, analytics and processes for their respective Lines of Business.
Supporting the implementation of strategies to achieve business plans for their respective Lines of Business.
To be the main point of contact for all non-underwriting matters for both internal & external stakeholders for their respective Lines of Business.
Supporting underwriting and distribution teams in their engagement with brokers and external partners.

Duties & Responsibilities:

Ensuring that all underwriting support activities undertaken in the team are aligned to achievement of revenue, profit plans, ROE and strategies
Manage and oversee all non-underwriting related matters and work closely with the
Change management team where applicable
Managing relationships with internal and external service providers and stakeholders such as operations, finance, MI, IT, outwards reinsurance, actuarial and other business units and overseas offices to maximize the performance and efficiency of the product line or division
Ensuring the provision of accurate and timely data (including regular, standardized reports) appropriate for the needs of the underwriters
Assist in delivery of the Business Plan, outwards reinsurance reports, and internal management reports
Oversee implementation and monitoring of regulatory reporting requirements
Identify opportunities for improvement and seek solutions through change or modification of underwriting processes and procedures and to manage the implementation of the change with relevant stakeholders
Escalate issues where required, work with relevant parties to resolve. Proactive in keeping relevant parties informed of significant or challenging issues
Improving the capability of the underwriting team by providing market intelligence to identify opportunities to develop or enhance new products and services. Conduct research, run reports and handle information related to business practices
Keeps current on state/territory issues and regulations, industry activity and trends
Assist in the production and clearance of thought leadership material for internal and external publishing
Manage internal audit or regulatory reviews ensuring any recommendations or actions are implemented
Work closely with the Affinity & Program business team to identify any opportunities, challenges and improve processing
Stand in for Line of business managers at meetings as required
Liaise with all Portfolio Managers to ensure best practice and consistency

Knowledge and qualifications:

Experience within the Insurance sector with underwriting knowledge – ideally from commercial D&O and Fi product lines
Advanced analytical and problem solving skills, with the ability to manage and prioritise multiple initiatives
Extensive leadership, communication, negotiation and presentation skills. Ability to effectively interact with all levels of internal and external business partners and foster a culture of effective working relationships
Demonstrable experience of getting best results collaboratively with internal/ external stakeholders and the ability to create an environment that brings the best in people
Demonstrable experience of contributing to strategy with Senior Leadership members
The ability to embrace and drive change initiatives with a strong background in delivering business change success
Educated to degree level
Fluency in English
Additional European languages a benefit – but not essential

About Liberty Specialty Markets (LSM):
Liberty Specialty Markets is part of Liberty Mutual Insurance Group, a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.Our people are key to our success. 

That is why “Put People First” is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

Offering a vibrant and inclusive environment and committing to their career development.
Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
A supportive culture, which includes promoting a healthy work-life balance and working flexibly.