Principal Surety Underwriting Specialist

2 weeks ago


Miami, United States TRANSRE Full time
About Us

Since 1977, we have provided exceptional solutions to insurers globally, merging extensive reach with localized decision-making. Our enduring relationships with customers and brokers are built on trust, experience, and effective execution. Through our dedicated personnel, innovative products, and strategic partnerships, we offer the capacity and expertise essential for fostering sustainable growth in thriving communities worldwide. Our core values include:

Integrity - Uphold honesty to enhance TransRe's reputation.

Respect - Appreciate all colleagues and engage in active collaboration.

Performance - Acknowledge excellence; be accountable, manage risks, and leverage TransRe's strengths.

Entrepreneurship - Identify opportunities and innovate alongside our customers.

Customer Focus - Anticipate client priorities and surpass their expectations.

We are currently seeking a talented individual for the role of Senior Surety Underwriter:

Position Overview

The Senior Surety Underwriter will play a pivotal role in managing a vital portfolio of surety business within the Latin American region as part of our global underwriting team. Key responsibilities include:
  • Overseeing the management of the existing surety portfolio in Latin America.
  • Facilitating the renewal, monitoring, and development of the portfolio.
  • Engaging with brokers and clients at industry conferences.
  • Conducting client visits and performing related underwriting assessments.
  • Evaluating all surety treaty and facultative offers.
  • Reviewing and underwriting special acceptance submissions from clients.
  • Collaborating with team leaders and product heads in New York and Europe, providing quarterly updates on market conditions and overall portfolio profitability, while closely working with claims and actuarial teams.
  • Managing aggregate control by principal, cedent, country, and underwriting year.
  • Monitoring exposure across principals and other group units to ensure compliance with tolerance levels.
Qualifications
  • 10+ years of primary surety underwriting experience in the Latin American market.
  • Fluency in both English and Spanish, both oral and written.
  • Experience with guaranty-related products (trade credit & political risk, mortgage risk) is advantageous.
  • Exceptional communication and marketing skills, with a strong client focus.
  • Solid financial and economic background, proficient in financial analytics, with the ability to analyze financial statements provided by brokers and clients.
  • Willingness to travel up to 30% for client and broker visits and industry conferences.
  • Proficient in Excel, PowerPoint, and MS Teams.
Work Schedule

TransRe supports a flexible work schedule, which may vary based on individual roles, local office practices, market trends, and business objectives. This position is eligible for a hybrid work arrangement, allowing for three days in the office per week, with the remainder remote.

We are an Equal Opportunity Employer (EOE) and advocate for diversity in the workforce.

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