General Re Corporation
Property Facultative Underwriter - Berk Re Fac
General Re Corporation, Dallas, Texas, United States, 75201
Shape Your Future with Us
General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations,with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re.
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of more than 38 offices, supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.
We are currently offering an excellent opportunity for a Property Facultative Underwriter on our Berkshire Re Facultative Team. This role can be performed remotely or in a local branch office, if desired.
Role Description
Underwriting
* Underwriting shared and layered and complex property deals from various Multinational, Regional and Specialty clients.
* Understand standard risk coverages, policy forms, terms and conditions.
* Ability to learn various property lines of business (complex property, inland marine, power generation, petrochemical, boiler and machinery, etc.)
* Understand and use the various underwriting tools, utilizing technical referrals for calculating accurate technical premiums as appropriate.
* Provide concise and clear documentation, effectively highlighting the underwriting thought process.
* Ability to assess risk hazards and exposure, understanding the relationship between the Company risk appetites in relation to these.
* Knowledge of non-standard risk coverages, policy forms, terms and conditions is a plus.
Marketing
* Develop and maintain broker relationships and learn marketing behaviors by participating in broker visits and events.
* Understanding the differences between client markets and segmentations (E&S, specialty, middle market, large accounts, etc.)
* Analyze market pricing, current trends in terms and conditions, and implementation of value for value concepts.
* Effectively negotiate with brokers on pricing, terms and conditions, etc.
Related Activities
* Understand and follow corporate and departmental philosophies, rules and guidelines.
* Continuously and proactively improve skills and knowledge.
* Identify and prioritize opportunities in an efficient manner.
Role Qualifications and Experience
* 3 - 10 years minimum industry experience in property underwriting (reinsurance experience preferred).* Marketing and travel: 10%
* Excellent verbal and written communications skills.
* Superior interpersonal and critical thinking skills.
* Capacity to work within a remote team environment.
* Excellent organizational skills and attention to detail.
Salary Range
91,000.00 - 152,000.00 USD
The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
Our Address
General Reinsurance Corporation
120 Long Ridge Road
Stamford, CT 06902 (US)
At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability, marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations,with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re.
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of more than 38 offices, supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.
We are currently offering an excellent opportunity for a Property Facultative Underwriter on our Berkshire Re Facultative Team. This role can be performed remotely or in a local branch office, if desired.
Role Description
Underwriting
* Underwriting shared and layered and complex property deals from various Multinational, Regional and Specialty clients.
* Understand standard risk coverages, policy forms, terms and conditions.
* Ability to learn various property lines of business (complex property, inland marine, power generation, petrochemical, boiler and machinery, etc.)
* Understand and use the various underwriting tools, utilizing technical referrals for calculating accurate technical premiums as appropriate.
* Provide concise and clear documentation, effectively highlighting the underwriting thought process.
* Ability to assess risk hazards and exposure, understanding the relationship between the Company risk appetites in relation to these.
* Knowledge of non-standard risk coverages, policy forms, terms and conditions is a plus.
Marketing
* Develop and maintain broker relationships and learn marketing behaviors by participating in broker visits and events.
* Understanding the differences between client markets and segmentations (E&S, specialty, middle market, large accounts, etc.)
* Analyze market pricing, current trends in terms and conditions, and implementation of value for value concepts.
* Effectively negotiate with brokers on pricing, terms and conditions, etc.
Related Activities
* Understand and follow corporate and departmental philosophies, rules and guidelines.
* Continuously and proactively improve skills and knowledge.
* Identify and prioritize opportunities in an efficient manner.
Role Qualifications and Experience
* 3 - 10 years minimum industry experience in property underwriting (reinsurance experience preferred).* Marketing and travel: 10%
* Excellent verbal and written communications skills.
* Superior interpersonal and critical thinking skills.
* Capacity to work within a remote team environment.
* Excellent organizational skills and attention to detail.
Salary Range
91,000.00 - 152,000.00 USD
The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
Our Address
General Reinsurance Corporation
120 Long Ridge Road
Stamford, CT 06902 (US)
At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability, marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.