Senior Underwriter - Ceded Retrocession

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:

Shape your own career

Grow in a supportive environment

Connect with a community of experts

Make an impact

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We are always looking for bright, proactive individuals to join our team!

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Job Description

Position Overview:

The Senior Underwriter will be actively involved in placing and managing a group-wide portfolio of ceded non-life retrocession (and some reinsurance) programs. Encompassing both Risk and Cat programs.

Reporting Relationships:

• Reporting to the Head of Group Retrocession (Ceded)

Location:

• Zurich, Paris or Dublin

Primary Responsibilities:

• Responsible for a portfolio of ceded retrocession programs, which can encompass both Group covers as well as specific line of business protections, both in Cat and in Non-Cat, both written as retrocession or reinsurance (of our insurance portfolios). Key duties include:
  • Managing the process of data collection and selection to prepare a high-quality submission to the market, with relevant information about our business;
  • Managing the placement and post-renewal updates together with our brokers;
  • Ensuring that covers are purchased in accordance with our security requirements, underwriting strategy and internal processes, as per the External Retrocession Policy.
• Supporting and contributing to the evaluation of our retrocession strategy for selected lines of business:
  • Work with all internal stakeholders to understand portfolio development and risk drivers to recommend and optimize retrocession strategy as appropriate, including new purchases;
  • Analyzing and reporting on retrocession market, technical developments including new products, including consulting with brokers.
• Leading retrocession-specific projects.
• Strengthening and building Partner Re’s brand in the international retrocession markets.

Qualifications

About you;

Experience:

• A minimum of 7-10 years of experience in the reinsurance industry;
• Extensive experience in underwriting or actuarial or modelling of non-life reinsurance business, ideally across a number of lines of business.

Skills:

• Needs to be numerate and comfortable with large data sets and able to see trends and patterns;
• A team player, willing to collaborate with numerous teams across the company.
• Excellent written and verbal communication, negotiation and organizational skills.
• At ease with broker relationships at a senior level.
• An impeccable work ethic, and the ability to meet deadlines.

Additional Information

PartnerRe provides a working environment in which diversity