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Senior Property Facultative Underwriter

Senior Property Facultative Underwriter

Transatlantic Reinsurance CompanyChicago, IL, United States
4 days ago
Job type
  • Full-time
Job description

Overview

We support diversity in the workplace. We are an Equal Opportunity Employer.

Senior Property Facultative Underwriter

We have the following job opportunity in our Chicago, IL or New York, NY office :

Description

As a member of the Property Facultative team, the Senior Underwriter will be a key driver of the business through fostering relationships with new and existing clients. Responsibilities will include, but not be limited to :

  • Production underwriting of Facultative certificate and program business with an emphasis on Direct placements
  • Generating new business opportunities from prospective Direct client companies
  • Extensively marketing with an emphasis on building individual underwriter relationships
  • Travelling domestically for marketing and audits up to 30% of the time
  • Support Facultative team in Chicago as needed on new and renewal business submissions

Requirements

  • 5-10 years of Property Facultative Reinsurance underwriting experience (primary E&S will be considered)
  • Self-Starter with ability to work in collaborative virtual team environment
  • Solid understanding of primary insurance underwriting concepts including rate adequacy, line setting procedures, analysis of Probable Maximum Loss and Maximum Foreseeable Loss
  • Strong knowledge of their regional market and proven track record of marketing to clients
  • Ability to manage a high submission count
  • Experience working in a paperless environment
  • Extensive knowledge of Catastrophe exposure analysis including RMS and AIR catastrophe modeling platforms
  • CPCU and / or Are classes or other insurance studies preferred
  • Proficient in Excel
  • 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, and 2 days remote.

    Compensation

    In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $150,000 - $200,000. This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant’s specific skill set and level of experience.

    Interested in applying

    Interested in applying for this role? Please visit our Careers Page to apply!

    Note : https : / / transre.wd1.myworkdayjobs.com / en-US / Transrecareers / job / Senior-Property-Facultative-Underwriter_R0001182

    About Us

    We support diversity in the workplace. We are an Equal Opportunity Employer.

    Since 1977, TransRe’s vision has been to deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide.

    Our Mission

    Our mission is to be the first-choice provider of reinsurance to our customers, based on experience. The foundation of our long-term, trust-based relationship is built on long-tenured leadership in every line in every region.

    Accessibility our global network of local support for all property and casualty lines of business.

    Strength the cornerstone of our ability and willingness to pay claims.

    Innovation a track record of collaboration and service delivery to support your expertise.

    Resilience existing to improve the resilience of communities worldwide, through our products, our people and our partnerships

    Our Values

    To achieve our Vision and Mission, we maintain a culture of the highest ethical standards. We treat our employees and customers fairly. We stand behind our products and services. We act 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.

    #J-18808-Ljbffr

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