Director, Reinsurance Underwriting & Risk Strategy

Group 1001; New York (NY); On-site; USD 170,000 - 200,000; Full time

Benefits offered by this job

Health insurance

401K with company match

Wellness programs

Employee Assistance Program

Job summary

Group 1001 seeks a Director of Reinsurance Underwriting to lead evaluation and management of reinsurance transactions, set up models, draft memos, and support risk-based decisions.

The role targets a senior professional with 10+ years in insurance/reinsurance, strong analytics, and actuarial pricing knowledge. Hybrid work from Stamford, CT with travel as needed.

Competitive compensation ranges reflect multiple U.S. markets and include health/Dental, 401K, and wellness benefits.

Qualifications

• Bachelor's degree in Finance, Mathematics, Actuarial Science or Risk Management.
• 10+ years of experience in insurance or reinsurance underwriting, operations, actuarial, or related fields.
• Experience in automobile insurance (personal or commercial).
• Knowledge of actuarial principles and pricing methodologies.
• Proficiency in Microsoft Office Suite (Excel/Word/PowerPoint).
• Strong analytical and communication skills.
• Experience with Python or R is a plus.

Responsibilities

• Screen and vet risks; set up models to quantify risks and rewards; conduct due diligence and research as necessary.
• Peer review other actuarial models to ensure quality and accuracy.
• Draft comprehensive transaction memos for reinsurance transactions; summarize risks and recommended actions for decision-making.
• Review contracts and trust agreements related to reinsurance transactions.
• Help review reserving assumptions for certain transactions.
• Help develop and enhance operations of selected new specialty insurance programs.
• Collaborate with Risk Management to improve reserving and ERM processes.
• Stay updated on industry trends to inform business strategies.

Skills

Analytical skills

Excel

Word

PowerPoint

Python/R

Communication skills

Interpersonal skills

Time management

Adaptability

Curiosity

Education

Bachelor's degree in Finance/Mathematics/Actuarial Science or Risk Management

Tools

Microsoft Office

Python

R

Job description

Group 1001 seeks a Director of Reinsurance Underwriting to lead evaluation and management of reinsurance transactions, set up models, draft memos, and support risk-based decisions.

The role targets a senior professional with 10+ years in insurance/reinsurance, strong analytics, and actuarial pricing knowledge. Hybrid work from Stamford, CT with travel as needed.

Competitive compensation ranges reflect multiple U.S. markets and include health/Dental, 401K, and wellness benefits.