Board Member TenneT Reinsurance N.V. & Functional Lead of TenneT Netherlands Insurance department

Introductie

At TenneT we are working together every day on the electricity grid of tomorrow.

Our goal? A reliable, affordable and sustainable energy system. In a dual role as Board Member of TenneT Reinsurance N.V. and the Functional Lead of TenneT Netherlands Insurance department, you play a key role in protecting TenneT Netherlands balance sheet, enabling strategic investments in the energy transition and you help unlock the full potential use of our captive and further professionalising our insurance department.

Your mandate is to identify and realise opportunities that sustainably reduce the total cost of risk (TCOR) for the affiliated organisations, while maintaining appropriate protection, financial resilience and disciplined risk management. Are you an entrepreneurial insurance leader who enjoys building teams, driving change and taking our insurance organization to the next level?

Then this could be your next challenge.

• Arnhem MCE
• Vast
• € 4816 - 12570
• Medewerker

Jouw rol

Insurance is becoming increasingly important in the rapidly changing energy landscape. The scale of TenneT's investments, the growth of infrastructure and the increasing complexity and velocity of risks require an insurance function that is strategic, innovative and future-oriented.

As Functional Lead of TenneT Netherlands Insurance department, you will play a key role in steering the Dutch insurance team and act as a trusted advisor to senior management. In this role you directly report to the Head of Treasury and Insurance.

In this role you will:

• Steer, coach and develop the Dutch Insurance team.
• Drive a culture of ownership, collaboration and continuous improvement.
• Further optimize TenneT's insurance function and operating model.
• Define and execute TenneT's insurance and risk financing strategy.
• Lead relationships with brokers, insurers, reinsurers and drive insurance synergies across TenneT Netherlands and TenneT Germany.
• Identify opportunities for alternative risk financing, data-driven decision making and innovation.
• Represent TenneT Netherlands in relevant industry forums and insurance networks.
• Coordinate claims management and act as escalation point for material claims.

At the same time, as a Management Board Member (Chief Underwriting Officer) of TenneT Reinsurance N.V., you will contribute to the next phase of development of our captive reinsurance company, which was established in 2023 and facilitates TenneT’s Dutch and German operations. In this role you are responsible for the development, implementation and oversight of the underwriting strategy of the captive. The position reports directly to the CEO of TenneT Reinsurance N.V. The full Management Board is supervised by the Supervisory Board of TenneT Reinsurance N.V.

In this role you will:

• Take statutory board responsibility for the sound governance and controlled operation of the captive.
• Define underwriting principles, guidelines, and portfolio strategy.
• Oversee underwriting decisions, pricing adequacy, and risk modelling.
• Monitor exposures, diversification, and alignment with the parent companies needs.
• Define and structure outward, reinsurance (retrocession) to manage retained risk.
• Drive the further development of the captive and identify new value-adding opportunities.
• Develop innovative risk financing solutions within agreed risk and regulatory boundaries.
• Actively drive measurable reductions in TCOR and demonstrate the value created for affiliated organisations.
• Translate new opportunities into robust business cases and implemented solutions
• Work closely together with actuarial, (re-)insurer, (re-)insurance brokers, customers, finance / treasury, and operational teams to ensure holistic risk control.

Jouw profiel & achtergrond

We are looking for more than an insurance expert.

We are looking for a leader who combines strategic vision with execution power. Someone who sees opportunities, challenges the status quo and inspires others to grow.

You:

• Create a clearvision for insurance and risk financing and bring people along on the journey.
• Demonstrate entrepreneurial thinking and a continuous improvement mindset.
• Are comfortable operating in a dynamic and evolving environment.
• Translate complex challenges into practical and scalable solutions.
• Balance commercial awareness with prudent risk management.
• Demonstrate strong negotiation skills and the ability to create workable compromises
• Challenge established approaches and think beyond conventional insurance solutions.
• Demonstrate a proven track record of turning innovative ideas into tangible results.
• Combine strategic vision with a pragmatic, hands-on approach.
• Personally contribute to building and professionalising the captive.
• Balance innovation and value creation with disciplined risk management.
• Strong digital acumen and a keen interest in applying new technologies and automation to drive innovation and continuous improvement.

You can substantiate your experiences with concrete examples: the opportunity you identified, the constraints you addressed, the solution you implemented and the results achieved.

Your profile and background

At TenneT, we are looking for professionals who can contribute to the future of our electricity grid. We expect you to have the experience and capabilities to make a substantial contribution to our mission.

What do you bring?

• Master's degree in Finance, Economics, Insurance, Risk Management, Business Administration or a related field.
• Minimum 10 years of relevant experience in insurance, captive management or risk management.
• Strong knowledge of corporate insurance programs and risk financing structures.
• Experience working with captives, reinsurers and international insurance markets is strongly preferred.
• Proven track record in developing and implementing innovative insurance or risk financing solutions.
• Strong stakeholder management and influencing skills.
• Experience within highly regulated environments is an advantage.
• Excellent communication skills in English; Dutch is considered a plus.

Additional requirements for the Board Member role

As a member of the Management Board of TenneT Reinsurance N.V., the successful candidate will be subject to the applicable security screening and DNB assessment.

Arbeidsvoorwaarden

TenneT offers you the opportunity to contribute to a sustainable energy future. Together with colleagues, partners, and stakeholders, you will work on innovative solutions that enable the energy transition. At TenneT, you will have the opportunity to develop your talents and work in an environment where your personal and professional growth is a priority. We encourage initiative and provide the freedom to bring forward new ideas.

We offer you:

• A permanent contract with a two-month probation period, based on a 40-hour workweek.
• A salary in scale 19 ranging up to € 12.570,- gross per month, including 8% holiday allowance, excluding a year-end bonus.
• A solid pension plan through ABP, with TenneT covering 70% of your pension contribution.
• 30 vacation days per year.

All employment conditions stated above apply to a full-time position unless otherwise specified.