CAT Underwriter

PartnerRe; Hamilton; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

PartnerRe in Scotland seeks an experienced Underwriter to manage a global catastrophe portfolio across Global Catastrophe, International reinsurance and the London Market. The role involves evaluating losses, maintaining guidelines, and strengthening broker relationships while supporting portfolio strategy.

You will leverage knowledge of catastrophe models, pricing techniques and reinsurance structures, collaborating with clients and brokers to drive superior outcomes.

Qualifications

• Preferably a university degree in a numerate discipline.
• 5+ years experience in reinsurance with catastrophe market dynamics.
• Established relationships with brokers in the reinsurance market.

Responsibilities

• Underwriting a world-class portfolio of reinsurance catastrophe accounts.
• Managing catastrophe loss evaluation and reporting for the accounts underwritten.
• Ensuring that guidelines, plans and policies are adhered to.
• Strengthening and building client and broker relationships.
• Supporting and contributing to strategy and action planning.
• Acquiring, analysing and reporting on market, business and technical developments.
• Making underwriting decisions within the authorized limit.
• Supporting the underwriting and portfolio steering of the worldwide cat reinsurance portfolio as required.

Skills

Reinsurance underwriting

Catastrophe modeling

Broker relations

Pricing techniques

IT skills

Deadline-driven

Education

University degree in a numerate discipline

Tools

Catastrophe models software

Job description

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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:

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

PartnerRe is an equal opportunities employer.

About the role

The Underwriter will be actively involved in underwriting a portfolio of Global, International reinsurance, and London Market accounts within the Global Catastrophe portfolio. Overall, your responsibilities will be as follows:

• Underwriting a world-class portfolio of reinsurance catastrophe accounts;
• Managing catastrophe loss evaluation and reporting for the accounts underwritten;
• Ensuring that guidelines, plans and policies are adhered to;
• Strengthening and building client and broker relationships;
• Supporting and contributing to strategy and action planning;
• Acquiring, analysing and reporting on market, business and technical developments;
• Making underwriting decisions within the authorized limit;
• Supporting the underwriting and portfolio steering of the worldwide cat reinsurance portfolio as required.

About you

To be successful in this role, you will ideally possess the following experience and expertise:

• Preferably a university degree in a numerate discipline.
• Preferably 8+ years, but a minimum of 5 years experience in the reinsurance industry, including progressive experience of catastrophe market dynamics.
• Knowledge of retro, reinsurance and insurance structures;
• Established relationships with brokers in the reinsurance market;
• Intimate knowledge of reinsurance pricing techniques and catastrophe models.
• Excellent information technology skills;
• An impeccable work ethic, and the ability and commitment to meet deadlines;
• Excellent written and verbal communication, negotiation and organizational skills
• Relevant professional designations would be an asset.

Additional Information

#LI-Hybrid:

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.

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