Primary Details

Time Type: Full time

Worker Type: Employee

The Opportunity

This opportunity is accountable for underwriting of property treaty excess of loss and proportional reinsurance. The role will also involve business development and growth activities necessary for sustaining a healthy portfolio. Apply sound decision-making to underwrite complex business that contributes to a profitable portfolio. Responsibilities include renewal retention, broker relationship management, new business generation and support of clients in managing the overall profitability of assigned accounts.

Primary Responsibilities

• Utilize reinsurance subject matter expertise to underwrite insurance risks by analyzing existing and new submissions, evaluating historical experience to determine underwriting acceptability, evaluating plan designs and reviewing company financials
•Apply subject matter expertise to work with actuarial in modeling and establishing pricing for coverage
•Oversee contract wording to review coverage issues and ensure appropriate terms and conditions are established
•Collaborate with senior department leaders by sharing specialized knowledge and recommending opportunities for improvement to influence strategy development
•Aggregate and monitor key exposure and metrics and develop reports as required by senior department leaders
•Measure and optimize portfolio progress by reviewing and analyzing underwriting data and monitoring industry best practices to identify opportunities for continuous improvement
•Participate in underwriting audits, client meetings, marketing initiatives, budget planning as requested by senior department leaders
•Build and maintain relationships with current and potential customers by networking and providing personalized and quality customer service to share and clarify information and maximize company brand
•Promote adherence to the underwriting framework by communicating internal guidelines, regulatory and legal requirements, and reinsurance requirements to less experienced underwriters and demonstrating adoption of good practices to ensure compliance and minimize risk
•Optimize department operations by supporting associates and participating in the review and analysis of the portfolio and participating in internal meetings as required to share and develop strategy, knowledge, and best practices

Required Education

• Bachelor's Degree or equivalent combination of education and work experience

Required Experience

• 7 years relevant experience

Preferred Competencies/Skills

• Understand market trends and current organizational strategies
•Collaborate with key stakeholders
•Build and maintain professional networks
•Communicate information in a clear, well-organized, and professional manner
•Ability to adjust plans, goals, actions, and priorities to meet changing situations
•Ability to analyze statistics and ability to develop and prepare presentations using Microsoft Office products
•Drive for stakeholder success
•Build and capitalize on beneficial internal and external relationships
•Effectively and efficiently present logic, reasoning, and analysis to others
•Win concessions without damaging relationships
•Complete tasks attentively and thoroughly
•Foster and promote collaboration and teamwork

Preferred Experience

• Experience and knowledge of property treaty business, both excess of loss and proportional reinsurance pricing skills
•Experience working with reviewing, understanding and negotiating reinsurance contracts
•Experience with performing underwriting audits and participating in wrap up meetings

Preferred Knowledge

• Working knowledge and general understanding of underwriting principals, processes, and procedures
•Working knowledge of terminology, concepts and evaluations of property treaty reinsurance
•Experience and understanding of rating applications
•Events affecting the industry, including understanding of competition and the marketplace
•Marketed focused, responsive, and proactive to customer needs
•Products and concepts relating to the insurance industry
•Evaluating information to determine compliance with standards
•Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards
•Analyze risks, benefits, and opportunities to ensure organizational competitiveness and satisfaction of established long-range objectives

About QBE

We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future by helping those around us build strength and emb