Underwriter - Dorinco Reinsurance Company

Dow•Midland, MI

1d•Onsite

About The Position

The Dow Chemical Company is hiring an Underwriter for Dorinco Reinsurance Company at its World Headquarters in Midland, Michigan. The role assists the Senior Treaty Underwriter with execution, analysis, management, and monitoring of the insurance subsidiaries’ treaty reinsurance underwriting portfolio. It serves as an additional market interface for treaty reinsurance business and as the key interface for Dow-related underwriting, reporting to the Vice President of Operations of the Consolidated Insurance Subsidiaries. Dow’s insurance subsidiaries participate in domestic reinsurance markets and work with Dow Corporate Risk Management to finance portions of Dow’s fortuitous risks. The position offers an opportunity to apply finance, analytical, relationship-management, and insurance-industry experience to underwriting activities across property and casualty lines of business. Candidates with experience in reinsurance, insurance, a related finance field, or a demonstrated interest in the field may be considered. The position is based in the United States and requires the ability to work legally in the U.S.; visa sponsorship or support is not available. Domestic relocation assistance may be available based on eligibility.

Requirements

Bachelor’s degree in insurance, finance, risk management, actuarial science, accounting, or a related field; alternatively, relevant military experience at or above U.S. E5, Canadian Petty Officer 2nd Class, or Sergeant ranking.
At least 5 years of relevant experience in insurance or reinsurance underwriting, marketing, commercial insurance operations, or other relevant experience.
Ability to work legally in the United States; visa sponsorship or support is unavailable.
Skills in risk quantification and financing, including analyzing risk exposure and developing cost-effective risk financing strategies.
Strong quantitative and analytical skills, including analyzing complex data and translating insights into recommendations.
Project management skills, including coordinating resources, managing timelines and budgets, mitigating risks, and communicating with stakeholders.
Ability to structure and negotiate insurance terms, pricing, and coverage conditions.
Ability to collaborate and communicate effectively with diverse teams and stakeholders.

Nice To Haves

Master’s degree, preferably in Business Administration or Insurance.
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, or commercial reinsurance operations.
Prior experience in insurance or reinsurance underwriting.

Responsibilities

Assist with managing execution of direct insurance and reinsurance business under the direction of the Vice President of Insurance Operations and in conjunction with the Senior Treaty Underwriter.
Collaborate on and incorporate business plans to meet revenue and profitability objectives aligned with Dorinco risk parameters.
Develop and implement marketing and growth strategies.
Evaluate, price, and structure reinsurance transactions across a diversified portfolio.
Assess risk exposures, terms and conditions, and coverage structures to support profitability and alignment with risk appetite.
Negotiate reinsurance placements with brokers and counterparties.
Monitor portfolio performance, including loss trends, rate adequacy, and capital utilization.
Collaborate with risk management, finance, legal, and other internal stakeholders on program design and execution.
Maintain underwriting documentation and meet compliance and governance standards.
Build relationships with intermediaries and clients to provide service and promote Dorinco’s solutions for profitable growth.

Benefits

Equitable, market-competitive base pay and bonus opportunity, with locally relevant incentives.
Programs supporting physical, mental, financial, and social well-being.
Competitive retirement program that may include company-provided benefits, savings opportunities, financial planning, and educational resources.
Employee stock purchase programs, subject to location availability.
U.S. Student Debt Retirement Savings Match Program, applying the value of monthly student debt payments as if they were contributions to the Employees’ Savings Plan (401(k)).
Medical and life insurance packages; travel insurance is available in certain countries or locations.
Training, mentoring, work experiences, community involvement, and team-building opportunities.
Role-based workplace flexibility to support productivity and personal needs.
Competitive yearly vacation allowance.
Paid time off for new parents, including adoptive and foster parents.
Paid time off to care for sick or injured family members.
Paid time off for volunteering and Employee Resource Group participation.
Wellbeing Portal for Dow employees.
On-site fitness facilities, subject to location availability.
Employee discounts, including online shopping, cinema tickets, and gym memberships.
Domestic relocation assistance may be provided based on eligibility.
Some locations may offer transportation allowances, meal subsidies or vouchers, and carbon-neutral transportation incentives.