Senior Property Facultative Underwriter

TransRe; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Job summary

TransRe in Toronto is seeking an experienced Underwriter to manage the Property Facultative portfolio in Canada. You will select, price and underwrite facultative property business, market to clients across Canada, and produce quarterly and annual reports and budgets.

Ideal candidates have 5+ years in property facultative reinsurance, proven relationship-building skills in the Canadian P&C market, and the ability to work autonomously with decision-making authority; fluency in French is a plus.

Qualifications

• Minimum 5+ years as an underwriter in property facultative reinsurance.
• Proven track record of relationship building in the Canadian P&C market.
• Experience underwriting property business with emphasis on property facultative.
• Ability to analyze and evaluate contract language.
• Ability to work autonomously with decision making authority.
• Fluent in French is a plus.

Responsibilities

• Select, price and underwrite facultative property business.
• Market to existing and potential clients across Canada.
• Produce quarterly and annual reports and departmental budgets.
• Demonstrate sound underwriting skills and apply rates, forms, pricing structures, terms and conditions.
• Stay up to date on industry dynamics and policy form coverages.

Skills

Underwriting

Relationship building

Contract language analysis

Autonomy in decision making

French language (optional)

Tools

Excel

Word

Job description

About Us

Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:

Integrity

Work honestly, to enhance TransRe's reputation

Respect

Value all colleagues. Collaborate actively.

Performance

We reward excellence. Be accountable, manage risk and deliver TransRe's strengths

Entrepreneurship

Seize opportunities. Innovate for and with customers.

Customer Focus

Anticipate their priorities. Exceed their expectations.

We have the following job opportunity in our Toronto office:

Description

We are seeking an experienced Underwriter to manage the Property Facultative portfolio in Canada. Responsibilities will include but not be limited to:

• Selecting, pricing and underwriting facultative property business
• Marketing to existing and potential clients across Canada
• Producing quarterly and annual reports as well as various departmental budgets
• Demonstrating sound underwriting skills, and is adept in the application of rates, forms, pricing structures, terms and conditions
• Staying up to date on industry dynamics and policy form coverages

Requirements

• Minimum of 5+ years as an underwriter in property facultative reinsurance
• Proven track record of relationship building in the Canadian P&C market
• Proven experience underwriting property business with an emphasis on property facultative
• Experience managing an underwriting portfolio and familiarity with common property risks
• Ability to analyze and evaluate contract language
• Ability to work autonomously with decision making authority
• Written and Oral fluency in French is a plus
• Solid understanding of the cause-effect relationship of decisions and their impact on the business
• Strong interpersonal, communication, excel and word skills

Work Schedule

TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office's practices and preferences marketplace trends, and TransRe's business objectives. This position is located in our Toronto office and is eligible for a hybrid work schedule with 3 days in the office per week, and 2 days remote.

We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.