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Senior Surety Underwriter
2 months ago
About Us Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with: Integrity Work honestly, to enhance TransRe’s reputation Respect Value all colleagues. Collaborate actively. Performance We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths Entrepreneurship Seize opportunities. Innovate for and with customers. Customer Focus Anticipate their priorities. Exceed their expectations. Job Opportunity We have the following job opportunity in our Miami, FL office: Description The Senior Surety Underwriter will assist the team in managing a crucial book of surety business in the Latin American region within the global underwriting function. Responsibilities will include, but not be limited to: Assisting in management of the existing surety portfolio segment in Latin America Conducting the renewal, monitoring and development of the portfolio Marketing with our brokers and clients during industry conferences Conducting client visits and performing related underwriting reviews Analyzing all surety treaty and facultative offers Reviewing and underwriting client special acceptance submissions Liaising and collaborating with other team leaders & product heads in New York (US Domestic) and Europe, providing quarterly reporting on market conditions, overall profitability of the portfolio and working closely with claims and actuarial teams Accumulating aggregate control by principal, by cedent, by country and by underwriting year Tracking exposure across principals and across other group units to ensure exposure is within tolerance levels Requirements 10+ years of primary surety underwriting experience in the Latin American market Oral and Written fluency in both English and Spanish Exposure to guaranty related products (trade credit & political risk, mortgage risk) a plus Excellent communication and marketing skills (both oral & written) with client focus Strong financial and/or economic background/education, proficient in financial analytics: ability to analyze financial statements (balance sheet/income statements/cash flows) provided by our brokers and clients Travel up to 30% of the time to include client/broker visits and attending industry conferences Strong knowledge of Excel, Power Point, MS Teams Work Schedule TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives. This position is eligible for a hybrid work schedule with 3 days in the office per week, with the remainder of the week remote. We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce. #J-18808-Ljbffr