Vice President, General Casualty Specialist

5 days ago

New York, New York, United States RenaissanceRe Full time
About the Role

RenaissanceRe is a leading writer of Property & Casualty Reinsurance, seeking a seasoned professional to join our team as Vice President, General Casualty. This is an exciting opportunity to develop and manage a profitable portfolio of general casualty reinsurance business, aligning with the company's risk and return objectives.

Key Responsibilities
  • Manage and underwrite a portfolio of U.S. general casualty reinsurance business, contributing to the underwriting appetite and building a profitable portfolio that will perform well over the long-term.
  • Partner with brokers to determine specific requirements and structure appropriate reinsurance solutions to address client needs and add value.
  • Conduct extensive analysis of primary operations, products, and management teams.
  • Work closely with the actuarial team to analyze and price reinsurance programs with unique features.
  • Build and maintain strong relationships with clients and brokers to ensure the company is a market of choice.
  • Collaborate with global underwriting team members to develop a consistent view of risk and provide seamless support and solutions to clients.
  • Contribute to RenaissanceRe's knowledge and expertise in general casualty lines and inform internal stakeholders on market trends.
  • Contribute to the ongoing improvement of RenaissanceRe's proprietary underwriting and portfolio management tools to enhance decision-making.
  • Represent RenaissanceRe at client and industry events, traveling as required to support the business.
Requirements
  • A minimum of 10 years' experience underwriting a wide range of general casualty risks, including excess casualty/umbrella, general liability, energy, environmental, and workers compensation.
  • A proven track record of managing a profitable portfolio of general casualty reinsurance business.
  • A thorough understanding of the underlying business, preferably gained as an insurance underwriter or facultative reinsurance underwriter.
  • Established strong relationships with clients and brokers.
  • A deep understanding of policy forms, re/insurance pricing schemes, and the regulatory environment.
  • Appreciates the role and impact of actuarial, finance, and claims in the underwriting process.
  • An appreciation of portfolio management considerations in the underwriting of business.
  • Strong verbal and written communication skills.
Personal Characteristics
  • A big picture thinker who can analyze business with an appreciation of broader portfolio considerations.
  • Exceptional interpersonal skills, with the ability to garner credibility and trust with colleagues, clients, and brokers.
  • Highly collaborative.
  • Comfortable operating with autonomy, yet knows when to collaborate and keep others informed.
  • Sound business judgment and problem-solving skills.
  • Strong analytical skills, with the ability to grasp actuarial concepts and interpret model results accurately.
  • An ability and interest in mentoring and developing others.
  • Intellectually curious.
  • Strong negotiation skills.
  • Unquestionable professional integrity.
What We Offer

RenaissanceRe offers a competitive compensation package, including a base salary range of $230,000-$250,000 per year, bonus opportunities, and a comprehensive benefits package. We are an engaged member of the communities in which we live and work, with a locally-led giving philosophy and generous employee matching program. We seek diversity, create equity, and practice inclusion, and are an equal opportunity employer.

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