TRANSRE
Property Treaty Underwriter
TRANSRE, Miami, Florida, us, 33222
About Us
Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:
Integrity
Work honestly, to enhance TransRe's reputation
Respect
Value all colleagues. Collaborate actively.
Performance
We reward excellence. Be accountable, manage risk and deliver TransRe's strengths
Entrepreneurship
Seize opportunities. Innovate for and with customers.
Customer Focus
Anticipate their priorities. Exceed their expectations.
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 portfolioHandling external facing stakeholders and clients including direct contact with brokers, ceded reinsurance buyers and senior management of ceding companiesConducting client visits and performing related underwriting reviewsWorking with internal teams including catastrophe modeling, actuarial and claimsManaging 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 dealsAnalyzing Special Acceptances for those risks that fall outside of treaty Terms & ConditionsParticipating in meetings with clients/brokers prior to renewals and during industry eventsDeveloping strong relationships with insurance companies and brokers in the regionRequirements
3+ years of Property and Engineering Underwriting Reinsurance experience in Latin America, with an emphasis on underwriting catastrophe exposed risksOral 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 toolsUnderstanding 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 AmericaExtensive knowledge of Reinsurance underwriting concepts, practices, procedures and techniquesMust be able to work independently, have strong analytic abilities and decision making skillsComfort level communicating decisions to internal and external contacts/customers is necessaryAbility to multi task, highly organized, detail oriented, self starterExcellent 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.
We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.
Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:
Integrity
Work honestly, to enhance TransRe's reputation
Respect
Value all colleagues. Collaborate actively.
Performance
We reward excellence. Be accountable, manage risk and deliver TransRe's strengths
Entrepreneurship
Seize opportunities. Innovate for and with customers.
Customer Focus
Anticipate their priorities. Exceed their expectations.
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 portfolioHandling external facing stakeholders and clients including direct contact with brokers, ceded reinsurance buyers and senior management of ceding companiesConducting client visits and performing related underwriting reviewsWorking with internal teams including catastrophe modeling, actuarial and claimsManaging 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 dealsAnalyzing Special Acceptances for those risks that fall outside of treaty Terms & ConditionsParticipating in meetings with clients/brokers prior to renewals and during industry eventsDeveloping strong relationships with insurance companies and brokers in the regionRequirements
3+ years of Property and Engineering Underwriting Reinsurance experience in Latin America, with an emphasis on underwriting catastrophe exposed risksOral 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 toolsUnderstanding 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 AmericaExtensive knowledge of Reinsurance underwriting concepts, practices, procedures and techniquesMust be able to work independently, have strong analytic abilities and decision making skillsComfort level communicating decisions to internal and external contacts/customers is necessaryAbility to multi task, highly organized, detail oriented, self starterExcellent 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.
We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.