Casualty Facultative Underwriter
PartnerReAbout the role
Company Description
PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.
Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.
Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:
Grow in a supportive environment
Connect with a community of experts
View The PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe.
We are always looking for bright, proactive individuals to join our team!
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PartnerRe is an equal opportunities employer.
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Job Description
To operate within defined authority to assess, analyze, accept, and assist in the underwriting of a profitable Casualty Property Facultative portfolio in Latin America and the Caribbean on behalf of PartnerRe in order to provide Client and Brokers a full set of expertise and capabilities.
Key accountabilities
Business Management:
- To be aware of, and comply with, the appropriate regulatory requirements for the territory / territories operated in
- Through the provision of high quality and efficient services, establish and develop relationships with clients and brokers
- Be willing and able to travel for business purposes, including overseas visits
- Actively participate in the development and execution of the Unit’s business plan
- Demonstrate a high level of competency in the analysis and interrogation of data, trends and market dynamics and Judicial and Legislative differences among territories and their impact on casualty risks.
- Quantify statistical possibilities of loss given a risk’s characteristics
- Support and represent PartnerRe on market associations and events
- To operate as an effective team member to support colleagues across other PartnerRe business and service units to assist in the delivery and achievement of wider corporate objectives
- Where applicable, operate, evaluate, and improve existing pricing tools and assumptions
- Develop and attract new business in line with the Unit’s business plan and PartnerRe strategy
- Maintain awareness of PartnerRe's product range and take advantage of opportunities to introduce other PartnerRe’s expertise and capabilities to clients
- Deep knowledge of the key stakeholders and particularities of the Latin American Reinsurance market. Ability to develop a network of contacts in the short term.
- Ensure company, market and client related documentation is issued (internally and
- externally) accurately and on time
- Comply with external and internal regulatory and statutory policies, procedures and regulations
Underwriting Management:
- Review, negotiate, accept, or decline risks on behalf of the Company
- Ensure all business is thoroughly evaluated and rated, and that risks written adhere to the PartnerRe Underwriting Guidelines, appetite, standards, and individual Authority Limits
- Ensure that underwritten business is thoroughly evaluated by peer review and that risks adhere to the Company’s underwriting standards and authority limits
Qualifications
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