Underwriting Assistant

MS Reinsurance • New York, NY

46d • $80,000 - $100,000 • Hybrid

About The Position

The primary purpose of the role is to be a junior member of the Regional Underwriting Team and support underwriting a portfolio of business in accordance with the business plan and the guidelines determined by the MS Amlin AG Board.

Requirements

• Bachelor’s degree in risk management, Actuarial Science or other Finance related field required.
• 2 – 5 years of underwriting, actuarial or related industry experience.
• Strong insurance / reinsurance knowledge.
• Strong analytical, problem solving and critical thinking skills.
• Strong proficiency in Microsoft Suite of applications with advanced skills in Excel and Management Information Reporting.
• Meticulous organizational skills and the ability to pay attention to detail and multi-task.
• Well-developed business and social skills and capabilities for strengthening client / broker relationships.
• Excellent oral and written communication skills coupled with strong negotiation skills.
• Must be willing to travel and work extended hours where appropriate.

Nice To Haves

• Possession of or progression towards an industry related certification (i.e. CPCU, ARe, ACAS) is preferred, but not required
• Knowledge of and experience with catastrophe model outputs and technical pricing methodologies including, experience and exposure rating preferred, but not required

Responsibilities

• Assist the Senior Underwriters in underwriting, analyzing, quoting, servicing and processing business within the relevant portfolios in accordance with the business plan and MS underwriting procedures and guidelines.
• Initial analysis of underwriting submissions and preparation of rating sheets on behalf of the Senior Underwriters
• Assist with full account analysis - technical rating, submission review, catastrophe model output review, slip terms and conditions review.
• Communication with brokers throughout the underwriting process at the Senior Underwriters direction.
• Production of system-generated management information reports as required by the Senior Underwriters by the Operations and Underwriting Manager.
• Involvement in the RDS and aggregation processes and in reserving and business planning as required.
• Assist in the management of all inward submissions and email correspondence in conjunction with the Technical Support team Underwriters.
• Assist with data entry and other daily administrative support as required.
• Attendance and participation at regular Underwriting Department meetings.
• Attendance and participation at broker and client meetings with the Senior Underwriters as invited and/or as required.
• Assistance with special projects as required.

Benefits

• We offer a modern workplace, an entrepreneurial culture with room for innovation and a hybrid work model.
• Collaboration, Empowerment and Responsibilities are key values we live on a day-to-day basis.
• You will be part of a hands-on culture where you really can make an impact.
• We place mutual trust at the forefront of our collaboration and path to growth.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level