Property Reinsurance Underwriter

4 weeks ago


Chicago, Illinois, United States Gen Re Full time
Job Title: Property Programs Underwriter

Gen Re is seeking a skilled Property Programs Underwriter to join our Berkshire Re Facultative Team. As a key member of our team, you will be responsible for underwriting excess of loss Property Program business from multinational, regional, and specialty cedants.

Key Responsibilities:
  • Understand and apply departmental underwriting philosophy, rules, and guidelines to Program business
  • Understand contracts, policy forms, and serve as a reference point for others
  • Calculate accurate Program technical rates and evaluate pros and cons of various Program rating methodologies
  • Provide concise and clear documentation, effectively highlighting the underwriting thought process
  • Develop and maintain broker relationships and learn marketing behaviors by participating in broker visits and events
  • Analyze market pricing, current trends in terms and conditions, and implementation of value for value concepts
  • Effectively negotiate with brokers on pricing, terms and conditions, contract language, etc.
Requirements:
  • 5-10+ years industry experience in Property Reinsurance Program or Treaty Underwriting required
  • Marketing and travel: up to 20%
  • Excellent verbal and written communications skills
  • Excellent interpersonal and critical thinking abilities
  • Able to thrive in a remote team environment
  • Excellent organizational skills and with meticulous attention to detail
Salary Range:

$141,000.00 - $235,000.00 USD

The annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills, and/or training.

Gen Re is an equal opportunity employer and welcomes applications from diverse candidates. We are committed to creating an inclusive environment for all employees and applicants.


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