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Job Title Reinsurance Underwriter
Our Reference J17610
Employment Term Permanent
Location Bermuda
Industry Insurance & Reinsurance
Discipline Re/insurance - Underwriter
On behalf of our Client, we are seeking Reinsurance Underwriter to join their team. Reporting to the Chief Operating Officer, the Reinsurance Underwriter will have specific responsibility for profitably underwriting various forms of property and casualty treaty reinsurance business and coordinating underwriting activities on new and renewal opportunities in conjunction with corporate risk appetite.

Major responsibilities include:
• Contribute to the development of reinsurance book through effective marketing and relationship building
• Profitably underwrite various forms of property and casualty treaty reinsurance business in accordance with established guidelines, philosophy and underwriting authority to produce desired profitability
• Work with the actuarial team in determining acceptable pricing terms and conditions
• Successfully renew existing business and develop new business by working with actuarial and current underwriter
• Negotiate, correspond and provide excellent service to brokers and clients
• Work with legal department to evaluate contracts and endorsement wording and ensure accuracy of same
• Undertake client and broker meetings in connection with assumed reinsured business
• Assist COO in the negotiation and administration of the Company’s outward reinsurance program
• Compose and present complex presentations to directors, senior management and shareholders as required

• Excellent reinsurance underwriting, purchasing or reinsurance braking experience along with strong analytical skills that have been developed with over 3+ years ref insurance experience preferably with a focus on marine and energy
• Bachelor’s degree in Business, Economics, Risk Management, Mathematics or related field
• Strong negotiation and risk selection skills
• Knowledge of catastrophe models and actuarial results
• Sound working knowledge and understanding of complex and varied types of reinsurance contracts including XOL, Aggregate Stop Loss, ILW, QS, etc.
• An exceptional work ethic, including the ability to prioritize a heavy workload and meet strict deadlines
• Strong relations with reinsurance brokers and reinsurance buyers

To apply please send your résumé to bdajobs@expertise.bm.

All enquiries will be dealt with in strict confidence.

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