Senior Treaty Reinsurance Underwriter

Dow•Midland, MI

1d•Onsite

About The Position

Dow has an exciting opportunity for a Senior Treaty Reinsurance Underwriter located at the company’s World Headquarters in Midland, Michigan. In this role, you will be accountable for underwriting and managing a portfolio of treaty reinsurance business across designated lines of business and territories, reporting to the Vice President of Operations of the Consolidated Insurance Subsidiaries. This role evaluates, prices, negotiates, and monitors proportional and non-proportional treaty arrangements while ensuring profitability, portfolio diversification, and alignment with the organization's risk appetite. The position works closely with brokers, cedents, actuarial, claims and finance teams to drive disciplined underwriting performance and profitable growth. The Dow insurance subsidiaries participate in domestic reinsurance markets and work closely with Dow Corporate Risk Management to finance portions of Dow’s fortuitous risks. They are domiciled and regulated in multiple states, have invested assets of more than $4 Billion, and are led by Dorinco Reinsurance Company holding an AM Best “A” rating with over $700 Million of revenue and $2.2B of admitted assets. This is an excellent opportunity to learn and apply your finance, analytical, and relationship management skills, as well as insurance industry experience to help manage and shape the insurance underwriting activities across a variety of property and casualty lines of business.

Requirements

A minimum of a bachelor’s degree in insurance, finance, risk management, actuarial science, accounting, or a related field or relevant military experience at or above a U.S. E5 or Canadian Petty Officer 2nd Class or Sergeant ranking.
A minimum of 7 years of relevant experience in insurance/reinsurance underwriting, marketing, or commercial insurance operations, and/or other relevant experience.
A minimum requirement for this U.S. based position is the ability to work legally in the United States. No visa sponsorship/support is available for this position, including for any type of U.S. permanent residency (green card) process.

Nice To Haves

Master’s degree or higher education (in Business Administration or Insurance preferred).
Professional Insurance Designations such as Chartered Property/Casualty Underwriter (CPCU), Associate in Reinsurance (ARe), Associate in Risk Management (ARM), or Other Risk or Underwriting-related Designations.
Previous experience in treaty reinsurance underwriting, marketing and commercial reinsurance operations.

Responsibilities

At the ultimate direction of the Vice President of Insurance Operations, assist in managing the execution of direct insurance and reinsurance business, collaborating on and incorporating comprehensive business plans to attain revenue and profitability objectives that align with Dorinco risk parameters, along with actively developing and implementing marketing and growth strategies.
Evaluate, price, and structure reinsurance transactions across a diversified portfolio.
Prepare underwriting recommendations and portfolio reviews for senior management.
Assess risk exposures, terms and conditions, and coverage structures to ensure profitability and alignment with risk appetite.
Lead renewal negotiations and participate in new business development initiatives.
Monitor portfolio performance, including loss trends, rate adequacy, and capital utilization.
Collaborate with internal stakeholders (finance, actuarial, legal) to create innovative program designs and execution.
Ensure compliance with underwriting guidelines, regulatory requirements, and governance standards.
Develop and maintain strong relationships with intermediaries and clients to ensure service excellence and promote Dorinco's solutions to drive profitable growth.
Provide technical guidance and mentorship.

Benefits

Equitable and market-competitive base pay and bonus opportunity across our global markets, along with locally relevant incentives.
Benefits and programs to support your physical, mental, financial, and social well-being, to help you get the care you need...when you need it.
Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning, and educational resources to help you achieve your long term financial-goals.
Employee stock purchase programs (availability varies depending on location).
Student Debt Retirement Savings Match Program (U.S. only).
Robust medical and life insurance packages that offer a variety of coverage options to meet your individual needs. Travel insurance is also available in certain countries/locations.
Opportunities to learn and grow through training and mentoring, work experiences, community involvement and team building.
Workplace culture empowering role-based flexibility to maximize personal productivity and balance personal needs.
Competitive yearly vacation allowance.
Paid time off for new parents (birthing and non-birthing, including adoptive and foster parents).
Paid time off to care for family members who are sick or injured.
Paid time off to support volunteering and Employee Resource Group’s (ERG) participation.
Wellbeing Portal for all Dow employees, our one-stop shop to promote wellbeing, empowering employees to take ownership of their entire wellbeing journey.
On-site fitness facilities to help stay healthy and active (availability varies depending on location).
Employee discounts for online shopping, cinema tickets, gym memberships and more.
Transportation allowance (availability varies depending on location)
Meal subsidiaries/vouchers (availability varies depending on location)
Carbon-neutral transportation incentives e.g. bike to work (availability varies depending on location)