Senior Underwriter, Property Facultative Reinsurance - Automatics

Ascot Group•New York, NY

1d•Hybrid

About The Position

Ascot Group is seeking a detail-oriented, analytical underwriter to join its Property Facultative Reinsurance Team and contribute to the growth of the US Property Facultative Reinsurance division. The role involves account-level underwriting review and portfolio optimization to support the profitability of the North American Property Facultative book while advancing business development. The underwriter will work with senior management, underwriters, and support staff, and is expected to work confidently alongside AI-enabled tools, apply sound judgment to insights, and adapt as technology evolves.

Requirements

Bachelor’s degree or equivalent experience.
Minimum of 5 years of underwriting experience in the insurance industry.
Knowledge of Property Facultative insurance products, insurance regulations, and the insurance industry.
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.
Positive and self-motivated, with strong interpersonal, communication, and presentation skills.
Strong technical, analytical, and quantitative skills.
Excellent oral and written communication skills, including the ability to negotiate successfully in difficult situations with agents and brokers.
Solution-oriented team player with strong relationship-management skills when working with internal and external stakeholders and customers.
Proficiency in Microsoft Office.
Willingness to travel 10–15%.

Nice To Haves

Property Facultative (Re)insurance underwriting experience is strongly preferred.
ARe, CPCU, ARM, or another relevant professional designation.

Responsibilities

Manage profitability, growth, and retention of an assigned US-based Property Facultative Reinsurance book through property automatics underwriting and adherence to the unit’s strategic plan.
Understand Ascot’s risk appetite and underwrite property reinsurance within designated underwriting authority.
Liaise with internal teams, including aggregate management, claims, compliance, and legal.
Participate in external underwriting audits for Ascot clients.
Cultivate relationships with reinsurance peers, leaders, and internal partners across functional areas to identify cross-selling opportunities.
Represent Ascot at appropriate market groups and committees.
Maintain knowledge of general market conditions.
Work with assistants and take overall responsibility for account administration, including bordereau review, reporting deadlines, and premium reconciliation.
Foster and maintain broker relationships to market and sell Ascot’s products.
Embody The Ascot Way by supporting colleague engagement and development, collaboration, inclusivity, and individual accountability.
Perform other duties as assigned.

Benefits

Medical insurance, including prescription coverage
Dental insurance
Vision insurance
Health Savings Account
Commuter Account
Health Care and Dependent Care Flexible Spending Accounts
Life Insurance
AD&D
Work/Life Resources, including an Employee Assistance Program
Paid holidays
Annual Paid Time Off, including paid state/local leave where required
Short-term Disability
Long-term Disability
Other leaves, including Bereavement, FMLA, Adoption, Maternity, Military, and Primary and Non-Primary Caregiver leave
Contributory Savings Plan (401k)
Annual cash bonus and other forms of discretionary compensation may be awarded