Smith was most recently the finance risk director for RSA’s UK and international (UK&I) business. He began his career at RSA as an actuarial trainee 19 years ago. Over the years, he has worked in various senior roles and regions, including as the head of actuarial in Italy, head of solvency II in Ireland, and head of model validation and capital risk for UK&I.
As the new commercial lines chief underwriting officer, Smith will be responsible for leading RSA's commercial lines underwriting strategy and further strengthening its underwriting capabilities.
RSA UK&I chief underwriting officer Nathalie Dufresne welcomed Smith to the underwriting and pricing team, whose appointment reflects RSA's bench strength.
“Graeme brings with him an abundance of knowledge and expertise in leadership and delivering against strategic risk agendas. I know he'll make a tangible impact in helping to ensure our strategic outcomes are achieved,” Dufresne said.
“We have a very strong commercial lines business that's performing well and which we have ambitious plans for. And yet, with the outlook for the global economy still uncertain, maintaining underwriting discipline is integral if we're to be able to fulfil our aspirations for profitable growth in commercial lines and continue to innovate to serve the ever-changing needs of our customers.”
The announcement follows the appointment of a senior specialist underwriter – accident & health (A&H) within RSA's UK specialty lines division.
