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Reinsurance Property Underwriter

Reinsurance Property Underwriter

SiriusPointNew York, NY, US
20 hours ago
Job type
  • Full-time
Job description

Reinsurance Property Underwriter

New York - Hybrid

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as 'One SiriusPoint', to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.

We have underwriting hubs in Bermuda, Liege, London, New York, Stockholm and Toronto, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.

Join Our Team

You will be an Underwriter supporting our non-CAT property reinsurance portfolio. You will underwrite new and renewal Property business, as well as be a visible presence in the marketplace, develop new and existing client relationships that help to increase our market share, be dedicated to providing quality service to our key stakeholders. You will report to the Head of US non-CAT Property Reinsurance.

Your responsibilities will include :

  • Review and make recommendations on new and renewal property treaty business per Underwriting guidelines and industry standards.
  • Review and assess underwriting submissions, financial statements, and other relevant documents.
  • Analyze and evaluate risks; monitoring the performance of existing treaties and recommend adjustments, as needed.
  • Support the development of strategies to optimize portfolio profitability and prepare reports and presentations on portfolio performance for internal stakeholders.
  • Utilize knowledge of reinsurance and insurance, regulations, as well as underwriting guidelines to make informed decisions.
  • Review new and renewal contract wordings and collaborate with the Legal Department for correct language requirements for a profitable account.
  • Participate in client and broker meetings, industry events, and conferences to build and maintain strong relationships with intermediaries.
  • Collaborate with intermediaries to understand client needs and provide tailored solutions.
  • Conduct thorough research and analysis of industry trends, market conditions, and client data to accurately assess risk.
  • Remain up-to-date on industry developments and changes in regulations and policies.
  • Develop and maintain relationships with clients and provide exceptional customer service.
  • Communicate effectively with internal teams, including claims, actuarial, and legal to gather necessary information and ensure accurate risk assessment.
  • Adhere to company underwriting standards and guidelines to ensure consistent and quality underwriting practices.
  • Maintain accurate and organized records of underwriting decisions and documentation.
  • Collaborate with colleagues to share best practices and promote a positive team dynamic.

United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Values are at the heart of our business, and which guide everyday actions and decision making.

  • Integrity : Integrity, respect and trust are our core principles
  • Customer Focused : Our customers are the reason we exist
  • Solution Driven : Creating solutions is our mindset
  • Diversity : Diversity, inclusion and allyship make us stronger
  • Collaboration : Collaboration drives our performance
  • Your skills and abilities should include :

  • Bachelor's degree or equivalent combination of education and relative experience.
  • 5 7 years of re / insurance Property underwriting experience.
  • Understand policy rating and be proficient in the use of policy rating systems
  • Familiarity with primary and reinsurance contract wording
  • Excellent analytical and organizational skills.
  • Detail oriented with a drive for success and the ability to collaborate effectively and work independently in a fast-paced environment.
  • Advanced knowledge of computer programs, including Word, Excel, and Outlook.
  • SALARY : The estimated salary range for this position is $170,000 to $180,000 per year. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, SiriusPoint will consider a candidate's relevant experience, location, and other job-related factors.

    Why Should You Join SiriusPoint? Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package. The following are some of the benefits and perks we offer our employees :

  • Medical
  • Dental
  • Vision
  • FSA Medical and Dependent care
  • Health Savings Account (HSA)
  • EAP
  • Basic Life and AD&D (company paid)
  • Basic Long-Term Disability (employer) paid-Taxable income
  • Employee paid Long Term Disability(voluntary)
  • Company Medical Leave, Parental leave- 8 weeks full pay after 6 months of service
  • Voluntary benefits : short term disability, Critical illness, Hospital Indemnity, Accident
  • Travel assistance programs Company paid
  • 401(k) 6 % safe harbor match, fully vested after two years, pre- and post-tax contributions allowed
  • Gym reimbursement
  • Legal plan
  • Pet Insurance
  • Tuition reimbursement
  • Generous PTO
  • Flexible work arrangement
  • Fully stacked pantry on-site
  • Team outings
  • ERG Groups
  • We Achieve More Together

    At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business. We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.

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