Senior Casualty Facultative Underwriter

TransRe•New York, NY
•$150,000 - $200,000•Hybrid

About The Position

TransRe is seeking a Senior Underwriter to underwrite and manage casualty facultative reinsurance business across General Liability, Automobile Liability, Excess, and Umbrella. Reporting to the Senior Facultative Officer within the Traditional Casualty Division, the role combines technical underwriting, portfolio management, and broker and client relationship development. The position is based in the New York City office and is eligible for a hybrid schedule with three days in the office per week and two days remote. Travel to client sites and industry meetings or conferences is expected.

Requirements

  • At least 7 years of industry experience handling individual risk accounts in Facultative Reinsurance or the Excess & Surplus (E&S) market, particularly products liability and construction liability.
  • Strong knowledge of reinsurance underwriting concepts, practices, procedures, and techniques.
  • Strong ability to identify, analyze, and solve problems.
  • Ability to learn rapidly, adapt quickly to change, exercise influence, and manage multiple concurrent projects and priorities.
  • Ability to communicate and negotiate with all levels of external and internal business partners.
  • Ability to travel to client sites, underwriting meetings, audits, and industry conferences approximately 15% of the time.

Nice To Haves

  • Established broker and client relationships.

Responsibilities

  • Handle all facets of broker and client management, including marketing, negotiating, and underwriting new and renewal accounts.
  • Evaluate complex risks associated with underwriting a casualty facultative book of business.
  • Support management and balance of the existing casualty facultative portfolio.
  • Communicate up-to-date information on the casualty marketplace as a knowledge resource across the company.
  • Research emerging exposures.
  • Track and manage liability aggregation across the company.
  • Provide client service and management, including assisting in underwriting audits, account maintenance, and servicing existing and future clients.
  • Act as a marketing representative to help ensure TransRe capitalizes on viable reinsurance opportunities.
  • Travel to client sites and industry meetings or conferences.

Benefits

  • Comprehensive benefits package
  • Paid time off
  • Incentive pay opportunity
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