VP, Chief Medical Director

VP, Chief Medical Director

Hannover Re - with around 4,000 employees at locations all over the world. Our strength? Connecting Power: We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.

Hannover Life Reassurance Company of America (Hannover Re) is currently seeking talented candidates for the open position.

Job Summary

The Medical Director oversees the medical risk management within the company as it pertains to underwriting (including underwriting guideline development), product development, pricing, and marketing. This is the senior medical position at Hannover Re US and is responsible for managing a team of other Medical Directors.

Essential Functions

• (30%)
  Supports facultative and underwriting case referrals to offer guidance on complex medical cases to allow underwriters to make prudent yet competitive decisions on such cases to Hannover Re’s clients.
  Assists in performing assessments of live rescission and contestable claims.
• (30%)
  Provides strategic direction for medical underwriting.
  Plans, organizes, leads and controls activities pertaining to medical review and the subordinate activities within the department.
  Direct and coordinate short and long range planning to better define internal and external client company requirements.
• (20%)
  Develops, maintains, and promotes ASCENT to our clients. Works with other Hannover Re offices (internationally) to develop and maintain regional versions of ASCENT. Manages the Hannover Re research team to develop content and update.
  Provides continuous medical research and development related to underwriting guidelines, protective value studies, the advancement of underwriting automation, and use of data analytics.
• (10%)
  Works closely with client companies to research and establish best practices for risk selection requirements and processes. Works on the underwriting process via the evaluation of client practices/guidelines/philosophies to ensure business ceded is profitable.
  Interacts with the Chief Underwriters and Medical Directors at client companies in order to address technical underwriting issues and promote the benefits of working with Hannover Re.
• (10%)
  Develops presentations for industry meetings on topics researched to demonstrate the company’s underwriting philosophy and medical expertise to the life industry.
  Demonstrates leadership and promotes Hannover Re’s underwriting image through industry visibility, etc. to maintain Hannover Re’s professional standing within the life industry.
  Participates in industry committees to support and promote continuous professional development within the underwriting profession.

You come equipped with

• Action Oriented
• Cultivates innovation
• Nimble learning

Essential Knowledge, Skills, and Abilities

• Minimum of 10 years’ experience in an insurance related field
• Excellent organizational skills and ability to handle a wide variety of duties
• Medical research background

Desired Knowledge, Skills, and Abilities

• Preferred 5 or more years reinsurance experience
• Broad direct and reinsurance underwriting experience
• Intermediate knowledge of computer applications (Excel, Word, Access, etc.)
• Industry coursework/designations

Travel

• 10% - domestic and international overnight travel for conference presentations, industry meetings and client meetings.

Compensation (Inclusive of Base + Bonus)

• $329,400 - 445,600

Benefits Include

• Comprehensive medical, dental, and vision
• Paid Time Off (PTO)
• Company provided life insurance and disability benefits
• 401(k) and profit sharing
• Additional ancillary benefits available

Hannover Life Reassurance Company of America (Hannover Re) seeks to attract the best-qualified candidates who support the mission, vision and values of the company and those who respect and promote excellence through diversity. We are committed to providing equal employment opportunities (EEO) to all employees and applicants without regard to race, color, creed, religion, sex, age, national origin, citizenship, sexual orientation, gender identity and expression, physical or mental disability, marital, familial or parental status, genetic information, military status, veteran status or any other legally protected classification. The company complies with all applicable state and local laws governing nondiscrimination in employment and prohibits unlawful harassment based on any of the aforementioned protected classes at every location in which the company operates. This applies to all terms, conditions and privileges of employment including but not limited to: hiring, assessments, probation, placement, benefits, promotion, demotion, termination, layoff, recall, transfer, leave of absence, compensation, training and development, social and recreational programs, educational assistance and retirement.

We are committed to making our application process and workplace accessible for individuals with disabilities. Upon request, Hannover Re will reasonably accommodate applicants so they can participate in the application process unless doing so would create an undue hardship to Hannover Re, or a threat to these individuals, others in the workplace or the company as a whole. To request an accommodation, email Please allow for 24 hours to process your request.

We will accept applications until a candidate has been identified and selected to fill this position.

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