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    Property Treaty Underwriter - Stamford, CT, United States - Gen Re

    Gen Re
    Gen Re Stamford, CT, United States

    4 days ago

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    Description

    Shape Your Future with Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations,with more than 2,000 employees worldwide.

    Its direct reinsurance companies conduct business as Gen Re. Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries.

    Represented in all major reinsurance markets through a network of more than 40 offices, supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.

    Gen Re currently offers an excellent opportunity for a Property Treaty Underwriter. Our Stamford, CT office is the preferred work location. This is a hybrid role requiring 2-3 days in the office.
    Role DescriptionThe Treaty Underwriter's primary responsibility is to
    assess, underwrite, price and structure new and renewal treaty business
    consistent with General Re's risk appetite and profit margin expectations. This work is performed within a client team
    structure involving the underwriter, pricing actuary, account executive and
    account manager. On-the-job training is
    anticipated.

    Primary responsibilities of a Property Treaty Underwriter:
    TeamworkDemonstrates a strong work ethic and a sense of urgency.
    Contributes to and champions a collaborative team culture.
    Demonstrates an ability to proactively manage potential conflict, internally and externally.

    Interest in direct engagement with reinsurance clients to build relationships and understanding of businessMaintains collaborative relationships with other Gen Re business and service units by encouraging cooperation, participation, information exchange and identification of opportunities.

    Seeks feedback and continuously learns/improves own skills, including professional designations, as appropriate.
    Participates in and contributes to training/coaching initiatives.
    Interested in learning other lines of business Contributes to a positive, disciplined, high trust, respectful and fun work environment.
    UnderwritingTechnical underwriting
    capabilities involve handling commercial, personal and catastrophe
    property business. Team support is
    available to assist learning new lines of businessTechnical capabilities

    include:
    The ability to assess and analyze exposure to loss Understanding primary insurance policy coverage Understanding of primary insurance rate making Ability to evaluate client and product experience Capable of interpreting reinsurance treaty language and coverage intent Ability to determine reinsurance pricing based on model outputs, and interaction
    with members of the account team Insurance company
    financial statement knowledge and how financials relate to reinsurance
    purchasing decisionOperationalSupports and fosters Gen Re's Risk Management culture. Ensures compliance with all underwriting/pricing standards and processes.
    Demonstrates effective time management skills.
    Shares underwriting expertise and experiences to enable continuous team learning.

    Actively suggests and supports change and improvement as an essential part of any ongoing vital organization Practices an open, honest and respectful communication style.

    Encourages and ensures ongoing communication on all matters of importance Is proficient in the use of all technology relevant to the position.

    Applies a cost/benefit mentality on all ongoing expenses.
    Role Qualifications and Experience7 years underwriting
    experience in insurance/reinsurance industryInsurance contract
    knowledgeDemonstrated ability to work effectively within differing team
    structuresDemonstrated ability to work calmly and effectively under time
    constraintsStrong time management
    and organizational skillsStrong math/analytical skillsExcellent computer proficiency with Microsoft Office Suite,
    especially ExcelKnowledge of/ experience with catastrophe models preferredSelf-starter and
    ability to multi taskExcellent
    communication and presentation skillsSome travel requiredSalary Range117, ,000.00 USD The
    annual base salary range posted represents a broad range of salaries around the
    U.S. and is subject to many factors including but not limited to credentials,
    education, experience, geographic location, job responsibilities, performance,
    skills and/or training.
    Our AddressGeneral Reinsurance Corporation120 Long Ridge RoadStamford, CT US) At
    General Re Corporation, we celebrate diversity and are committed to creating an
    inclusive environment for all employees. It is the General Re
    Corporation continuing policy to afford equal employment opportunity to all
    employees and applicants for employment without regard to race, color, sex
    (including childbirth or related medical conditions), religion, national origin
    or ancestry, age, past or present disability, marital status, liability for
    service in the armed forces, veterans' status, citizenship, sexual orientation,
    gender identity, or any other characteristic protected by applicable law. In
    addition, Gen Re provides reasonable accommodation for qualified individuals
    with disabilities in accordance with the Americans with Disabilities Act.
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