Casualty Facultative Underwriter Associate

Gen Re Corporation•Boston, MA

3d•$63,000 - $84,000

About The Position

Gen Re is hiring an Underwriter Associate for Casualty Facultative North America (CFNA). The role is not tied to a specific location, though preference is given to candidates able to work from a U.S. Gen Re branch office in Atlanta, Boston, Chicago, Dallas, Los Angeles, New York City, or Philadelphia. Underwriter Associates receive early responsibility and authority, with initial training through the intensive “Jump School” program and ongoing mentoring that can include managing a book of business. Working as part of a team, the Underwriter assesses individual risks and related volatility for insurance company clients using data research and rating models. The role involves understanding standardized contracts and policy forms, negotiating risk transfer and pricing directly with clients, and developing client relationships through meetings, presentations, written communications, industry events, and client entertainment. The position may involve travel to meet clients. Responsibilities grow and evolve over the employee’s career. Gen Re describes its workplace as offering work/life balance, flexibility, and a quality work environment, and supports professional skills, industry knowledge, and personal growth.

Requirements

College degree.
Prior internship or work-related industry experience.
Solid software skills.
Strong verbal and written communication skills, including client and marketing presentation skills.
Capacity to work in a team environment.
Strong critical-thinking skills and intellectual curiosity.
Eligible to work in the United States.

Nice To Haves

Suggested college majors include Liberal Arts, Risk Management, Economics, or Business.

Responsibilities

Assess individual risks and related volatility for insurance company clients using data research and rating models.
Understand basic and standardized contracts and policy forms.
Negotiate the transfer of risk and pricing directly with clients.
Build lasting relationships with clients through marketing and sales activities, including client entertainment, industry events, meetings, presentations, and written communication.
Work effectively within a team environment.
Travel as needed to meet clients face-to-face.
Manage a book of business as part of the mentoring and development program.