Senior Property Facultative Underwriter
About The Position
This role is for a Senior Property Facultative Underwriter who will be responsible for evaluating and underwriting property accounts across various industries. The underwriter will utilize sophisticated modeling tools and their expertise to create tailored reinsurance solutions that meet client needs while optimizing portfolio performance. The team underwrites all commercial property accounts in the US via both broker and direct channels, offering exposure to diverse clients, industry classes, insurance perils, and layer structures, including both proportional and non-proportional placements. The role involves analyzing risk using proprietary modeling tools for fire and natural catastrophe exposures.
Requirements
- Bachelor's Degree, concentration in Risk Management is a plus
- 6-10 years of single risk underwriting experience in either primary or reinsurance markets
- Working knowledge of insurance modeling and conceptual understanding of rating tools and underwriting systems
- Experience with the U.S. property insurance market
- Adept decision-making skills
Nice To Haves
- Ability to work independently or within a team environment as needs arise
- Positive demeanor with a high degree of motivation and proven collaborative behavior
- Flexibility for occasional travel as needed
Responsibilities
- Assess and underwrite risks for a wide range of industries, such as offices, schools, public entities, manufacturing, warehousing, and other sectors within the SME and Middle Market segments.
- Exercise sound judgment in a collaborative environment, interacting directly with clients to resolve insurance needs while improving our facultative portfolio.
- Manage portfolio risk with support from data-driven tools that provide clarity on exposure aggregations and pricing metrics.
- Build and nurture relationships with internal and external business partners, engaging clients to understand and meet their specific needs.
- Develop marketing strategies in collaboration with colleagues, building key relationships in your region while expanding into broader national and international channels.
- Lead execution of business strategy across a diverse national customer and broker network.
- Drive efficiency improvements by optimizing existing processes and implementing new tools.
Benefits
- Total compensation approach considering base pay, short- and long-term incentives, and benefits offered.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
