Senior Underwriter, Casualty Facultative Reinsurance

Ascot Group•New York, NY

22h•Hybrid

About The Position

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, Ascot is bound by a common mission and purpose: One Ascot. Their greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way. The Ascot Way guides their people and organization, with underwriting platforms collaborating to find creative ways to deploy capital in a true cross-product and cross-platform approach, utilizing their unique Fusion Model: Client Centric, Risk Centric, Technology Centric. Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve for clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline. Ascot is seeking a Senior Underwriter, Casualty Facultative Reinsurance to join Ascot Re U.S., part of the Ascot Group. In this role, the individual will be part of a collaborative team of specialist underwriters and support staff, led by subject-matter-experts with extensive re/insurance experience, with the goal of maintaining, growing, and servicing a profitable U.S. casualty facultative book of business. Ascot Re U.S. utilizes Ascot’s Lloyd’s Syndicate 1414, to provide facultative reinsurance in the United States, offering a broad range of tailored property and casualty reinsurance products on an individual risk or automatic facultative facility basis, subject to underwriting.

Requirements

A minimum of 4 years of underwriting experience in insurance or reinsurance industry.
Bachelor’s degree or equivalent professional experience.
Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment.
Strong critical thinking skills.
Excellent organizational, desk management and prioritization skills with the ability to work independently and as part of a team.
Must be positive, self-motivated, and possess strong interpersonal, communication and presentation skills.
Possess strong technical, analytical, and quantitative skills.
Excellent oral and written communication skills, ability to successfully negotiate in difficult situations with agents and brokers.
Solution oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers.
Comfortable in client-facing role with travel (up to 25%).
Proficient in Microsoft Office, particularly Excel.

Responsibilities

Quickly prequalify, underwrite and price casualty facultative new/ renewal business submissions of varying size and complexity, in compliance with delegated authority, underwriting guidelines and rating tools.
Provide superior service to brokers and clients and create visibility through consistent engagement with trading partners.
Develop a rolling quarterly marketing plan including conferences, events and meetings with the goal of developing productive reinsurance distribution sources.
Be a key contributor to the development of new and creative casualty facultative opportunities.
Provide timely responses to inquiries and requests by internal stakeholders.
Stay current on competition, underwriting environment, market conditions and share that knowledge with colleagues and leadership.
Contribute to authoring internal white papers regarding appetite; the ongoing development of pricing tools with the actuarial department; and enhancing underwriting guidelines.
Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Benefits

Medical (including prescription coverage)
Dental
Vision
Health Savings Account
Commuter Account
Health Care and Dependent Care Flexible Spending Accounts
Life Insurance
AD&D
Work/Life Resources (including Employee Assistance Program)
Paid holidays
annual Paid Time Off (includes paid state /local paid leave where required)
Short-term Disability
Long-term Disability
Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Contributory Savings Plan (401k)