Property Facultative Senior Underwriter - Berk Re Fac

Faraday; Tucson (AZ); Remote; USD 106,000 - 178,000; Full time

Job summary

A leading insurance company is seeking a Property Facultative Senior Underwriter to join their Berkshire Re Facultative Team. This role offers the flexibility to work remotely or in-office, focusing on underwriting complex property deals, developing broker relationships, and contributing to dynamic marketing efforts. Ideal candidates will have extensive experience in underwriting and strong analytical and communication skills.

Qualifications

• 5+ years minimum industry experience in property underwriting.
• Marketing and travel: 10%.
• Reinsurance experience preferred.

Responsibilities

• Underwriting shared, layered, and complex property deals.
• Develop and maintain broker relationships.
• Analyze market pricing and negotiate terms with brokers.

Skills

Excellent verbal and written communications skills

Superior interpersonal and critical thinking skills

Excellent organizational skills

Attention to detail

Capacity to work within a remote team environment

Job description

Shape Your Future With Us

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000employees worldwide.It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.

Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of38 offices,we have earned superior financial strength ratings from each of the major rating agencies.

We are currently offeringan excellent opportunity for a Property Facultative Senior Underwriter on ourBerkshire Re Facultative Team. This rolecan be performed remotely or in a local branch office if desired.

Role Description

Underwriting

• Underwriting shared and layered and complex propertydeals from various Multinational, Regional and Specialty clients.
  Understand standard risk coverages, policy forms, termsand conditions.
• Ability to learn various property lines of business(complex property, inland marine, power generation, petrochemical, boilerand machinery, etc.)
• Understand and use the various underwriting tools,utilizing technical referrals for calculating accurate technical premiumsas appropriate.
• Provide concise and clear documentation, effectivelyhighlighting the underwriting thought process.
  
• Ability to assess risk hazards and exposure,understanding the relationship between the Company risk appetites inrelation to these.
  
• Knowledge of non-standard risk coverages, policy forms,terms and conditions is a plus.

Marketing

• Develop and maintain broker relationships and learnmarketing behaviors by participating in broker visits and events.
  Understanding the differences between client marketsand segmentations (E&S, specialty, middle market, large accounts,etc.)
• Analyze market pricing, current trends in terms andconditions, and implementation of value for value concepts.
  
• Effectively negotiate with brokers on pricing, termsand conditions, etc.
  

Related Activities

• Understand and follow corporate and departmentalphilosophies, rules and guidelines.
  
• Continuously and proactively improve skills andknowledge.
  
• Identify and prioritize opportunities in an efficientmanner.

Role Qualifications and Experience

• 5+ years minimum industry experience in property underwriting(reinsurance experience preferred).
  
• Marketing and travel: 10%
  
• Excellent verbal and written communications skills.
  
• Superior interpersonal and critical thinking skills.
  
• Capacity to work within a remote team environment.
  
• Excellent organizational skills and attention todetail.

Salary Range

106,000.00 - 178,000.00 USD

The annual base salary range posted represents a broad range of salaries around the US and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.

Our Corporate Headquarters Address

General Reinsurance Corporation
400 Atlantic Street, 9th Floor
Stamford, CT 06901 (US)

At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation's continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability , marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.