Underwriter - Property Treaty

We support diversity in the workplace. We are an Equal Opportunity Employer.

All the relevant skills, qualifications and experience that a successful applicant will need are listed in the following description.

Underwriter Property Treaty

We have the following job opportunity in our Miami, FL office :

Description

The Underwriter will work within the Property Treaty team, have delegated authority, make key decisions, offer alternative recommendations and be responsible for a volume of business commensurate with their experience.

Responsibilities will include, but not be limited to :

• Producing and analyzing new and renewal Property and Engineering treaty business with an emphasis on a catastrophe exposed portfolio.
• Conducting the renewal, monitoring and development of the portfolio.
• Handling external facing stakeholders and clients including direct contact with brokers, ceded reinsurance buyers and senior management of ceding companies.
• Conducting client visits and performing related underwriting reviews.
• Working with internal teams including catastrophe modeling, actuarial and claims.
• Managing underwriting information and other systems (TIRS, GRM, shared folders, DMS).
• Underwriting treaty risks in the Property and Engineering department by analyzing wording / coverage, terms & conditions and using proprietary pricing tools for all deals.
• Analyzing Special Acceptances for those risks that fall outside of treaty Terms & Conditions.
• Participating in meetings with clients / brokers prior to renewals and during industry events.
• Developing strong relationships with insurance companies and brokers in the region.

Requirements

• 3+ years of Property and Engineering Underwriting Reinsurance experience in Latin America, with an emphasis on underwriting catastrophe exposed risks.
• Oral and Written fluency in both English and Spanish.
• Quantitative skills for pricing and interpretation of individual accounts using the Quota Share and Excess of Loss pricing tools.
• Understanding of catastrophe modeling concepts and its output and input assumptions.
• Ability to understand and interpret catastrophe model outputs from AIR and RMS.
• Knowledge of property coverages, sub limits, exclusions and overall market practice in Latin America.
• Extensive knowledge of Reinsurance underwriting concepts, practices, procedures.
• Must be able to work independently, have strong analytic abilities and decision making skills.
• Comfort level communicating decisions to internal and external contacts / customers.
• Ability to multi-task, highly organized, detail-oriented, self-starter.
• Excellent knowledge of MS suite (Word, Excel, PowerPoint, MS Teams).

Work Schedule

TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives.

This position is eligible for a hybrid work schedule with 3 days in the office per week, with the remainder of the week remote.

Interested in applying for this role? Please visit our Careers Page to apply!

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