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Senior Property Facultative Underwriter

TransRe•Chicago, NY
•Hybrid
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About The Position

Since 1977, TransRe has delivered first-class solutions to insurers worldwide by combining global reach with local decision-making. We have built customer & broker relationships on years of trust, experience, and execution. Through our people, our products, and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. We have the following job opportunity in our New York, NY or Chicago, IL office: As a member of the Property Facultative team, the Underwriter will be a key driver of the business through fostering relationships with new and existing clients.

Requirements

  • 5-10 years of Property Facultative Reinsurance underwriting experience (primary E&S will be considered)
  • Self-Starter with ability to work in collaborative virtual team environment
  • Solid understanding of primary insurance underwriting concepts including rate adequacy, line setting procedures, analysis of Probable Maximum Loss and Maximum Foreseeable Loss
  • Strong knowledge of their regional market and proven track record of marketing to clients
  • Ability to manage a high submission count
  • Experience working in a paperless environment
  • Extensive knowledge of Catastrophe exposure analysis including RMS and AIR Catastrophe modeling platforms
  • Proficient in Excel

Nice To Haves

  • CPCU and/or Are classes or other insurance studies preferred

Responsibilities

  • Production underwriting of Facultative certificate and program business with an emphasis on Direct placements
  • Generating new business opportunities from prospective Direct client companies
  • Extensively marketing with an emphasis on building individual underwriter relationships
  • Travelling domestically for marketing and audits up to 30% of the time
  • Support Facultative team in Chicago as needed on new and renewal business submissions

Benefits

  • comprehensive benefits package
  • paid time off
  • incentive pay opportunity

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Education Level

No Education Listed

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