Description
Build your future with us The growing Cincinnati Re team is currently seeking to fill an underwriting position within the Property reinsurance team. Primary responsibilities include underwriting Property reinsurance business worldwide, helping to advance analytics in conjunction with our modeling/actuarial teams, and deploying the company's capital in such a way as to maximize profitability.
The successful candidate will be technically minded, and capable of navigating within an ever-changing reinsurance marketplace. We are interested in candidates with 5-10 years of reinsurance experience, either underwriting, analytics or brokering. Candidate must have strong analytical, quantitative, communication and marketing skills, an appreciation for catastrophe risk management principles, and the ability to work in a fast-paced, entrepreneurial environment.
The location of this position is flexible depending upon the candidate with Cincinnati headquarters being preferred.The pay range for this position is $ 140,000.00 - $215,000.00 annually. The pay determination is based on the applicant's education, experience, location, knowledge, skills, and abilities.
Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance. Be ready to:review underwriting submissions and price property reinsurance structures, including Catastrophe XOL, Property Per Risk XOL, Quota Share, and Aggregate XOL contractsprovide quotes and authorize on contractsnegotiate contract terms with brokersidentify opportunities to best diversify portfoliowork with catastrophe modeling and actuarial teams to evaluate submissionscoordinate review of contract wording and discuss with legal counseloperate within corporate risk guidelines with respect to property aggregatesmanage relationships with clients and reinsurance brokers, evaluate needs and propose solutionsassist with business development initiatives relating to new products and client/broker strategy.assist in the development and updating of internal rating models.
conduct marketing visits and underwriting audits and attend conferences (some travel required)coordinate with claims and actuarial teams on claims reporting and property loss reserves.work with underwriting assistant(s) and/or accounting team to update accounting system of record.LocationCincinnati Re operates from multiple locations, including Cincinnati, Boston, Connecticut, Minneapolis, New York and Philadelphia Cincinnati, OH is preferred; however remote location will be considered Frequent travel required, in a normalized post-COVID environment.
QualificationsBe equipped with:experience underwriting or brokering Property Catastrophe, Excess Per Risk, Quota Share contracts requiredexperience underwriting U.S. accounts preferred. Experience underwriting non-U.S accounts is a plusexperience with property reinsurance pricing methods including exposure and experience analysis for catastrophe and non-catastrophe perilsexemplary analytical and problem-solving skillsknowledge of third-party catastrophe modeling software products, their applicability to underwriting reinsurance business and evolution over timeadvanced user of Microsoft Excel; proficiency with Microsoft Access or other database software products; and familiarity with simulation software applicationsYou've earned:undergraduate degree required and industry designations (eg ARe, CPCU) a plus Enjoy benefits and amenities Your commitment to providing strong service, sharing best practices, and creating solutions that impact lives is appreciated.
To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about our benefits and amenities packages.? Embrace a diverse team As a relationship-based organization, we welcome and value a diverse workforce.
We provide equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. Learn More
