Underwriter jobs in Stamford, CT

The 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:

Teamwork

• Demonstrates 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 business
  
• Maintains 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.
  

Underwriting

•  Technical underwriting capabilities involve handling commercial, personal and catastrophe property business.  Team support is available to assist learning new lines of business

• Technical 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 decision

Operational

• Supports 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.

• 7 years underwriting experience in insurance/reinsurance industry
  
• Insurance contract knowledge
  
• Demonstrated ability to work effectively within differing team structures
  
• Demonstrated ability to work calmly and effectively under time constraints
  
• Strong time management and organizational skills
  
• Strong math/analytical skills
  
• Excellent computer proficiency with Microsoft Office Suite, especially Excel
  
• Knowledge of/ experience with catastrophe models preferred
  
• Self-starter and ability to multi task
  
• Excellent communication and presentation skills
  
• Some travel required