Get ready to: 

• Lead and grow the Liability insurance product portfolio across the Group, setting the product strategy and development priorities across markets.
• Own the Liability portfolio performance and P&L, setting ambitious targets for growth, profitability, conversion, loss ratio, and combined ratio.
• Build deep market, customer, and competitor insights to identify new segments, coverage opportunities, and growth areas.
• Lead end-to-end product development, including coverages, limits, exclusions, wordings, underwriting rules, eligibility, and pricing, in close partnership with Actuarial, Underwriting, Claims, and Legal teams.
• Define and continuously develop the underwriting appetite and risk selection framework, balancing growth opportunities with sustainable profitability.
• Prepare business cases and go-to-market plans for new products, coverages, segments, and market opportunities.
• Oversee portfolio performance by monitoring claims frequency and severity, average premiums, loss ratios, exposure, and key trends across segments, channels, and markets, and drive corrective actions when needed.
• Strengthen distribution channels and digital journeys, making Liability products easy to understand, quote, and sell for customers, brokers, and partners.
• Drive the Liability domain across countries, ensuring local teams work in sync, follow common principles, and have the right capabilities and expertise to successfully develop and manage the portfolio.
• Coordinate reinsurance requirements and structures, ensuring alignment with product strategy, underwriting appetite, and risk capacity.
• Identify emerging Liability risks and market developments, translating them into product opportunities, portfolio actions, or changes in underwriting approach.
• Ensure regulatory compliance and establish consistent product frameworks, standards, and governance across countries.
• Manage relevant external partners and vendors, ensuring they effectively support product and portfolio development.

About you:

• Complex challenges energize you and keep you motivated every day.

• You bring energy, passion, and ownership into everything you do.

• you are collaborative, supportive, and thrive when taking responsibility.

• you learn fast, are detail-oriented, and handle sensitive information with care.

• you are results-driven and enjoy finding creative solutions to complex problems.

Sounds familiar? Great! Let’s talk and see where this journey can take us.

To fit in here you’ll need:

• Bachelor’s degree in Business, Economics, Finance, Actuarial Science, Engineering, Statistics, Data Science, or a Legal field.

• At least 5 years of experience in Insurance Underwriting with Liability Insurance.

• At least 3 years of experience in leading role (cross-country or international experience is a plus).

• Strong understanding of product pricing, segmentation, rating factor governance, and deployment via rating engines.

• Excellent analytical, problem-solving, and decision-making skills.

• Strong communication and stakeholder management abilities.

• Very good English (written and spoken).

• Legal background is a plus.

Reasons why you’ll love it here:

At Balcia, we're building a different kind of insurance company, one that moves fast, challenges the status quo, and puts people at the centre of everything we do. You'll work in a modern office in Riga city centre with hybrid work opportunities and occasional access to Balcia offices across Tallinn, Warsaw, and Vilnius. We believe flexibility helps people do their best work.

Our flat organizational structure means less bureaucracy and more ownership. You'll have the freedom to make decisions, contribute ideas, and create real impact. We trust people to take initiative and own the outcome.

We're also not big fans of "that's how it's always been done." We continuously challenge ourselves to improve, experiment, and find smarter ways of working. We call this Outsmart Yesterday.

At the same time, we believe high performance and humanity go hand in hand. We communicate openly, support one another, celebrate successes, and learn from mistakes together. That's how we stay human and keep it crystal clear.

To help you succeed, we'll provide structured onboarding, the tools you need, and opportunities to keep learning and growing throughout your journey with us.

If you're looking for a place where you can make an impact, grow quickly, and help shape the future of insurance, we'd love to meet you.