AVP, Underwriting

RenaissanceRe • Miami, FL

1d

About The Position

The AVP Underwriting analyzes, models, and provides underwriting recommendations for assumed and ceded Specialty risks. The role also develops new modeling and exposure-capture systems to support the growth of Specialty Reinsurance. It participates throughout the underwriting process, from initial broker contact through transaction recommendations, and uses vendor models, proprietary tools, and systems to assess deal and portfolio risks. The position also contributes to internal model and tool development, manages relationships with brokers and catastrophe model vendors, and supports the training and development of Risk Analysts, including through travel to overseas offices.

RenaissanceRe describes its culture as collaborative and entrepreneurial, with a focus on solving customer problems and rewarding creative thinking. The company offers competitive compensation and benefits, a talent development program, and employee participation in company success. It also supports community involvement through employee matching, community grants, and volunteerism, and states a commitment to diversity, equity, inclusion, and equal opportunity.

Requirements

• A university degree emphasizing science, engineering, economics, mathematical or statistical techniques, or simulation.
• At least 3 years of experience in investment banking focused on financial institutions.
• Extensive experience analyzing specialty and financial risk exposures using vendor models such as Bloomberg, Capital IQ, and SNL, as well as proprietary tools.
• Thorough knowledge of vendor models and a proven ability to critically evaluate complex model results and deconstruct vendor models.
• Ability to work with complex risk systems.
• Excellent mathematical, statistical, and problem-solving skills, together with superior data-management skills.
• Strong computer skills, including advanced knowledge of Excel and SQL.
• Strong work ethic and a results-oriented approach in a fast-paced business environment.

Nice To Haves

• An advanced degree in sciences or an MBA.

Responsibilities

• Provide analysis, modeling, and underwriting recommendations for assumed primary and retrocession submissions, ceded transactions, capital market transactions, and/or non-catastrophe risks.
• Participate in the underwriting process from initial broker contact through recommendations on transactions.
• Use third-party vendor models, proprietary tools, and systems to extract, analyze, and report information for deal and portfolio analyses; interpret and challenge model results.
• Investigate and evaluate new risk models and changes to current risk models, and implement new models when necessary.
• Contribute to the design and development of proprietary tools for improved analysis, reporting, data manipulation, and workflow.
• Provide management and business analyst support for internal model and tool development projects, coordinating with underwriting and development teams to ensure tools meet business requirements.
• Develop and manage relationships with brokers and catastrophe model vendors through regular interactions and meetings.
• Assist with training, mentoring, and developing Risk Analysts by providing guidance, sharing knowledge, and traveling to overseas offices.

Benefits

• Competitive compensation and benefits.
• Comprehensive talent development program.
• A reward system in which employees share in the success of the company.
• Employee matching program for community giving.
• Global and local community grants.
• Employee volunteerism.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior