- Contribute to the development of a profitable book of business, focused on both renewals and new business
- Handle day-to-day underwriting, e.g. due diligence, analysis, interpretation of coverages, negotiation of terms
- Build, manage, and grow mutually beneficial client and broker relationships through regular and substantive
- Model client centricity in all interactions, identifying, developing, and executing on creative, fit-for-purpose
- Demonstrate a high level of intellectual curiosity to stay informed of and communicate relevant market trends at
- Contribute to continuous improvement in our risk management analytics and culture by actively engaging with
- 5+ years of relevant experience in property & casualty insurance or reinsurance underwriting; multiline
- Strong working knowledge of general insurance business, drivers of growth & profitability, distribution,
- Excellent analytical, problem-solving, and decision-making skills, including mental agility to identify alternative
- Exceptional presentation, relationship, verbal, and written communication skills across diverse levels and
- Flexibility and adaptability, receptive to new ideas and able to adjust as needed to changing conditions;
- Influence leadership skills, relative to both peer and senior stakeholders as well as mentorship opportunities
- Undergraduate degree or equivalent
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VP, Underwriting - Not specified, United States - RenaissanceRe
1 month ago
Description
RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.
Our global team shares a passion for solving our customers' biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
About RenaissanceRe
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain
world. We're experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative
way we combine data, experience and technology to understand and manage large and complex risks across the world.
We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity
for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated
challenges. To learn more, please visit us at Careers - RenaissanceRe ).
About Underwriting
Our deep underwriting expertise and disciplined approach are hallmarks of who we are. We believe in long-term
partnerships and being there for our clients when it matters most. Our underwriters evaluate and manage risk from
across the world, sharing our passion for learning and innovation with our clients and working with them to solve their
greatest risk challenges. Our collaborative model thrives on empowering people strategically and tactically. As an
underwriter at RenaissanceRe, you have the autonomy to make decisions and manage client relationships and deals
from start to finish. You will be empowered with the latest risk understanding to analyze deals and support our clients,
working closely with our team of actuaries and risk analysts, including our in-house group of weather and data scientists.
Underwriting positions are based in Bermuda, Chicago, London, New York, Singapore, Sydney, and Zurich.
About the Position
Reporting to the SVP and Branch Manager of the Illinois office, the VP, Underwriting, will be responsible for managing
Property and Casualty lines of business for regional multiline accounts. The successful candidate will be comfortable
working both collaboratively and independently and a track record of sound decision making, productive relationship
building internally and externally, and identifying opportunities to achieve profitable growth across various market
conditions. As an Underwriter on our team, you will have an opportunity to contribute to all aspects of the management
of the business. Products written from our Schaumburg office include, but are not limited to Proportional and Quota
Share, Multi-line, Property Per Risk, Casualty Excess, Clash, and Property Catastrophe.
RenaissanceRe is an in-office culture, and we believe we are better together. The VP role is based in the Schaumburg
office and will join a collaborative, high-performing team of ~15 underwriters, actuaries, and underwriting assistants.
In addition to regional client travel, the VP, Underwriting, will be expected to travel within the continental United States,
with select travel to Bermuda other RenaissanceRe offices.
Key Responsibilities
management
Candidate Qualifications:
accounting, actuarial, and information practices and principles
Execution:
Proactively identifies resources, actions and timelines needed to achieve objectives, effectively
balancing tactical pressures with broader implications and downstream impact
Communication:
Shares relevant information in a timely manner with stakeholders and conveys points of view in
a way that influences opinions and demonstrates flexibility
Client and solutions focus:
Identifies process and service opportunities that enhance the external and internal
client experience and outcomes
Innovation:
Stretches self and others to think differently and innovatively, drawing upon multiple sources for
ideas and inspiration
Learning mindset:
Seeks out and explores new assignments, exposure, or challenges in order to enhance
technical skills
Values:
Exemplifies and champions RenaissanceRe's core values of Focus, Respect, Integrity, Precision, Passion
We believe that meeting these requirements will position you for success in the role. However, if you fulfill most - but
not all - of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in
the ability to grow and learn.
At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout
our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make
employees feel valued and empowered to contribute to our collective success. It is RenRe's policy to ensure equal
employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy,
childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national
origin, marital or domestic/ civil partnership status, genetic information, citizenship status, uniformed service member
or veteran status, or any other characteristic protected by law.
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
