Senior Director - Reinsurance Technology Transformation

Senior Director - Reinsurance Technology Transformation

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Position Overview: We are seeking an experienced Reinsurance Technology Director to lead the implementation of a new reinsurance processing software. The ideal candidate will have prior experience with reinsurance software implementation, preferably with Reinsurance Master from Sapiens or FSRI from SAP. A solid business understanding of various types of reinsurance transactions such as Treaty, Facultative, and Excess of Loss is essential.

Key Responsibilities:

Project Planning and Management:

• Develop comprehensive project plans, including scope, timelines, resource allocation, and budget.
• Define project milestones, deliverables, and success criteria.
• Coordinate with internal stakeholders and external vendors to ensure project alignment with business objectives.

Implementation and Integration:

• Lead the end-to-end implementation of the reinsurance processing software.
• Ensure seamless integration with existing systems and processes.
• Oversee data migration, system configuration, and customization as required.

Stakeholder Communication:

• Act as the primary point of contact for all project-related communications.
• Facilitate regular project meetings and provide status updates to senior management and stakeholders.
• Manage stakeholder expectations and address any concerns or issues promptly.

Risk Management:

• Identify potential project risks and develop mitigation strategies.
• Monitor project progress and adjust plans as necessary to address any deviations from the project plan.

Training and Support:

• Develop and execute a comprehensive training plan for end-users.
• Provide ongoing support and troubleshooting during the post-implementation phase.
• Ensure proper documentation of processes and procedures.

Quality Assurance:

• Implement best practices for quality assurance and testing.
• Conduct regular reviews and audits to ensure the software meets business requirements and standards.

Qualifications:

Education:

• Bachelor’s degree in Business Administration, Information Technology, or a related field. A Master’s degree or relevant certifications (e.g., PMP, PRINCE2) is a plus.

Experience:

• Minimum of 5-7 years of experience in project management, with a focus on software implementation.
• Prior experience with reinsurance software implementation, preferably Reinsurance Master from Sapiens or FSRI from SAP.
• Solid understanding of reinsurance transactions, including Treaty, Facultative, and Excess of Loss.

Skills:

• Strong project management skills, including planning, execution, and risk management.
• Excellent communication and interpersonal skills.
• Ability to work collaboratively with cross-functional teams.
• Proficiency in project management tools and software.
• Strong analytical and problem-solving abilities.

Preferred Qualifications:

• Experience in the property and casualty insurance industry.
• Familiarity with Agile or Scrum methodologies.
• Knowledge of regulatory requirements and compliance in the insurance sector.

For individuals assigned and/or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $200,000-$225,000.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.