Hybrid Director, Reinsurance Underwriting & Risk Modeling

Group 1001; Stamford (CT); Hybrid; USD 170,000 - 200,000; Full time

Benefits offered by this job

Health, dental and vision insurance

Life insurance

Short and long-term disability

Employee Assistance Program

401K with company match

Job summary

Group 1001 is seeking a Director of Reinsurance Underwriting to lead risk evaluation and management of reinsurance transactions. You will build models, review contracts, and prepare memos in a fast-paced environment, partnering with multiple teams to ensure sound underwriting decisions.

The role requires a Bachelor’s degree in a relevant field and 10+ years of experience in insurance or reinsurance. Hybrid work from Stamford, CT with potential remote flexibility, and a focus on collaboration and

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).
• Experience in property & casualty insurance or reinsurance preferred.
• Proficiency in Microsoft Office Suite, especially Excel, Word, PowerPoint.
• Strong analytical skills to evaluate complex data and make informed decisions.
• Experience with Python or R a plus.
• Knowledge of actuarial principles including risk assessment and pricing methodologies.
• Excellent communication skills, verbal and written, with ability to explain complex concepts clearly.
• Strong interpersonal skills and ability to collaborate with cross-functional teams.

Responsibilities

• Screen and vet risks; set up and validate models to quantify risks and rewards.
• Peer review other actuarial models for quality and accuracy.
• Draft comprehensive transaction memos outlining risks and recommended actions.
• Review contracts and trust agreements related to reinsurance transactions.
• Review reserving assumptions for certain transactions.
• Develop and enhance operations of new specialty insurance programs.
• Collaborate with Risk Management to improve reserving and ERM processes.
• Contribute to research initiatives identifying new lines of business.
• Stay updated on industry trends to inform business strategies.

Skills

Analytical skills

Communication

Time management

Collaboration

Financial analysis

Education

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

Tools

Excel

Word

PowerPoint

Python

R

Job description

Group 1001 is seeking a Director of Reinsurance Underwriting to lead risk evaluation and management of reinsurance transactions. You will build models, review contracts, and prepare memos in a fast-paced environment, partnering with multiple teams to ensure sound underwriting decisions.

The role requires a Bachelor’s degree in a relevant field and 10+ years of experience in insurance or reinsurance. Hybrid work from Stamford, CT with potential remote flexibility, and a focus on collaboration and