What are the responsibilities and job description for the AVP, Underwriting position at PartnerRe?
Company Description
PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.
Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.
Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:
Shape your own career
Grow in a supportive environment
Connect with a community of experts
Make an impact
View The PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe.
We are always looking for bright, proactive individuals to join our team!
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Job Description
About the role:
Primary function is to grow the revenue and earnings and to manage a team of Underwriters of PartnerRe US Health’s business division.
We are ideally seeking this position in our Minneapolis office.
Your responsibilities will include:
- Consistent with corporate objectives:
- Manage and monitor the HMO, Provider and Medical Excess portfolio ensuring profitability and stable expansion.
- With input from CUO and Head of Health, develop and deliver management reports, provide updates and feedback at regular intervals.
- Underwrite, review and approve case activity in the product pipeline, subject to authority levels and internal review processes.
- The candidate will lead and manage an Underwriting team of Senior and Assistant Underwriters:
- In conjunction with CUO and Head of Health, establish key goals, feedback and provide thought leadership to team.
- Contribute to the professional development and know-how of team members and as necessary provide training to attain superior results.
- Oversee and efficiently manage cycle activity to ensure turnaround metrics are achieved and exceeded.
- Identify, monitor and report on impact of market changes, product enhancements, competitor developments and industry and legislative trends.
- Work with Pricing Actuaries to address underwriting model and rating requirements, state filings and similar needs.
- Work in partnership with Health subject matter experts to address large claims, reimbursement, reporting, cost management and related issues.
- Ensure forms and documents meet business needs as well as compliance and governance standards.
- Actively support customer partnership and relationship goals:
- Build customer loyalty and communicate value propositions of business.
- Meet with producers as required.
- Contribute to development of annual plans and key metrics for producers.
- Enhance PartnerRe’s profile through industry conferences and organizations.
- Carry-out projects to enhance and define business processes and procedures, as required.
- Build cross-market relationships to the benefit of PartnerRe Health product lines.
Qualifications
About you:
- A strong balance of management, technical and commercial knowledge.
- At least seven (7) years of experience in the HMO, Provider, and Medical Excess markets ideally in an underwriting management capacity with established relationships and contacts.
- Experience negotiating and working with diverse teams and producers.
- Position ideally located in a PartnerRe Health location – periodic travel will be required.
- Strong written and verbal communication skills.
- Ability to work constructively with a team as well as independently with the ability to oversee multiple tasks.
Qualifications and Experience:
- Health Underwriting background required.
- Experience working in matrix organizations an asset.
- Experience managing and working on virtual teams an asset.
- Experience with office systems, processes and procedures.
Additional Information
All your information will be kept confidential according to EEO guidelines.
PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.
Thank you,
PartnerRe Hiring Team