Assistant Underwriter

  • 33942
  • Non-Life - Underwriting
  • |
  • Bermuda
  • |
  • Jul 23, 2018
Reinsurance
RESPONSIBILITIES
  • Following agreed policies, procedures and Underwriting Guidelines.
  • Marketing to clients and brokers.
  • Evaluating and pricing new and renewal risks, under supervision.
  • Coordinating with Technical Analysts during risk evaluation process.
  • Coordinating with other Underwriters in Global Cat on accounts and portfolio.
  • Coordinating with local P&C Underwriters to ensure holistic client support.
  • Presenting arguments internally for decisions on allocated accounts.
  • Management of Underwriting process and progress for allocated accounts.
  • Confirming accuracy of data systems entries and Contract Wordings for allocated accounts.
  • Supporting planning and reporting processes.
  • Participating in ad-hoc project work.
  • Ensuring profitability.
QUALIFICATIONS
  • Undergraduate degree in a numerate or financial discipline.
  • Relevant professional designations would be an asset.
  • A minimum of three years’ reinsurance experience.
  • Possesses cat modeling experience, preferably RMS.
  • Experience working in matrix organizations an asset.
  • Working on virtual teams preferred.
  • Timely and accurate evaluation of underwriting submissions.
  • Timely and accurate analysis and pricing of risks.
  • Ability to negotiate and communicate effectively with clients.
  • Increased depth of knowledge of catastrophe modelling and pricing.
  • An impeccable work ethic, and the ability and commitment to meet deadlines.
  • Demonstrates client management capabilities.
  • Excellent information technology skills.
  • Excellent written and verbal communication and organizational skills.