Multiline Underwriter, Treaty
3 weeks ago
PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.
Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.
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About the Position:
- Responsible for production and underwriting of a book of multiline treaty business. Underlying business is focused on the Regional and Super Regional insurance companies writing a mix of personal lines and commercial package business. This will involve increasing responsibility over time and taking ownership of assigned relationships.
- Responsible for working and collaborating with colleagues and supporting departmental goals.
- Conduct data analyses of historic internal and external data to inform underwriting strategy and appetite.
- Conduct extensive reviews and analyses of treaty reinsurance opportunities, including underwriting audits, cedant visits and industry conferences.
- Develop and maintain strong relationships with clients and reinsurance brokers to cultivate continuous flow of treaty reinsurance opportunities.
- Work in close collaboration with the actuarial, finance and claims teams to analyze and structure reinsurance programs.
- Travel as required to meet with clients and brokers, conduct client reviews, and attend industry conferences.
- Coordinate with department manager on the development and execution of the production and sales process including planning, marketing, operating routines, and portfolio monitoring.
- Negotiate with brokers on new and renewal business and involve senior management in the process as needed.
About you:
- Strong interpersonal skills
- An analytical/inquisitive mindset with strong technical skills, able to make quantitative and qualitative assessments of risk
- Ability to produce and work with system-generated reports.
- Comfort in work effectively both independently and as part of a team.
- Good verbal and written communication skills.
- A willingness to share ones point of view and take ownership.
- Ability to prioritize and multi-task.
- Strong work ethic and a desire to succeed.
- Unquestionable professional integrity.
Education / Further Requirements:
- A college or university degree is required.
- CPCU, ARE or other industry designations are preferred.
- Minimum 3 years of experience in underwriting roles in the insurance/reinsurance industry and/or in the reinsurance brokerage sector.
- Working knowledge of actuarial / catastrophe modeling concepts.
- Basic understanding of policy forms and pricing schemes. The individual should also understand the role and impact of claims, actuarial, accounting, and finance in the underwriting process.
- Strong Excel and data analytics skills.
PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.
Thank you,
PartnerRe Hiring Team
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