Senior Property Facultative Underwriter

TransRe•New York, NY

1d•$150,000 - $200,000•Hybrid

About The Position

As a member of the Property Facultative team, the 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
Proficient in Excel

Nice To Haves

CPCU and/or Are classes or other insurance studies preferred

Responsibilities

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