Sr. Underwriter/AVP, Casualty Reinsurance

Alliedworldinsurance; New York (NY); On-site; USD 90,000 - 135,000; Full time

Job summary

An established industry player is seeking a skilled Sr. Underwriter/AVP for Casualty Reinsurance. In this pivotal role, you will be responsible for managing a diverse reinsurance portfolio while collaborating with various teams to ensure profitability and compliance. Your expertise in underwriting and risk assessment will be crucial as you negotiate terms and develop strong relationships with brokers and clients. This full-time position offers a competitive salary range and the opportunity to make a significant impact in the insurance sector. If you are ready to take your career to the next level, this role is perfect for you.

Qualifications

• Experience in underwriting reinsurance submissions and portfolio management.
• Strong analytical skills and ability to negotiate terms.

Responsibilities

• Underwrite reinsurance submissions and manage broker relationships.
• Negotiate treaty terms and ensure compliance with guidelines.

Skills

Underwriting

Risk Assessment

Negotiation

Client Relationship Management

Education

Bachelor's Degree in Finance or related field

Job description

Join to apply for the Sr. Underwriter/AVP, Casualty Reinsurance role at Allied World.

This range is provided by Allied World. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$90,000.00/yr - $135,000.00/yr

Job Objectives:

Responsible for underwriting a reinsurance portfolio for Casualty and Professional Liability lines of business by employing the methods described within the Global Reinsurance Underwriting Guidelines and Business Unit Underwriting Guidelines. Responsibilities include underwriting reinsurance submissions, marketing to brokers and clients, performing underwriting audits, and interacting internally with Actuarial, Legal, and Claims staffs as necessary to meet projected profitability, GWP, and expense goals.

Duties and Responsibilities:

• Prioritize and evaluate treaty submissions to identify those treaties and structures that provide opportunity for profit consistent with the business plan.
• Work with actuarial team to determine the optimal price and structure for new and renewal treaty business.
• Manage and develop broker and client relationships.
• Negotiate treaty terms, conditions, and participations with brokers and clients.
• Conduct underwriting audits.
• Review contracts to ensure wordings comply with underwriting guidelines and reflect intended terms and conditions.
• Coordinate underwriting activities with Claims, Accounting, and Legal departments as necessary.
• Ensure compliance with underwriting and administrative guidelines and procedures.

Additional Information:

Seniority level: Associate

Employment type: Full-time

Job function: Finance and Sales

Industries: Insurance