Senior Casualty Facultative Underwriter

About Us

Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with: Integrity Work honestly, to enhance TransRe’s reputation Respect Value all colleagues. Collaborate actively. Performance We reward excellence. Be accountable, manage risk and deliver TransRe’s strengths Entrepreneurship Seize opportunities. Innovate for and with customers. Customer Focus Anticipate their priorities. Exceed their expectations.

Description

We are seeking a Senior Underwriter to underwrite and manage casualty facultative reinsurance business across General Liability, Automobile Liability, Excess and Umbrella. Reporting to the Senior Facultative Officer within the Traditional Casualty Division, this role combines technical underwriting, portfolio management, and broker and client relationship development.

Responsibilities

• Handling all facets of Broker/Client management including marketing, negotiating, and underwriting new and renewal accounts
• Evaluating complex risks associated with underwriting a casualty facultative book of business
• Supporting the management and balance of the existing casualty facultative portfolio
• Acting as a knowledge resource across the company by communicating up to date information on the casualty marketplace
• Researching emerging exposures
• Tracking and managing various liability aggregation across the company
• Providing client service and management including assisting in underwriting audits, account maintenance and servicing of existing and future client base
• Acting as a marketing representative to ensure TransRe is capitalizing on all viable (re)insurance opportunities
• Traveling to client sites and industry meetings/conferences

Requirements

• 7+ years of industry experience handling individual risk accounts in Facultative Reinsurance or the Excess & Surplus (E&S) market, with a particular focus on products liability and construction liability
• Strong knowledge of (re)insurance underwriting concepts, practices, procedures, and techniques
• Established broker and client relationships highly desirable
• Strong ability to identify, analyze and solve problems
• Ability to learn rapidly, adapt quickly to change, exercise influence, and manage priority multiple concurrent projects
• Ability to communicate and negotiate with all levels of external and/or internal business partners
• Traveling to client sites, underwriting meetings, audits, and industry conferences, approximately 15% of the time

Work Schedule

TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences, marketplace trends, and TransRe’s business objectives. This position is located in our New York City office and is eligible for a hybrid work schedule with 3 days in the office per week, and 2 days remote.

Compensation

In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $150,000 – $200,000. This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant’s specific skill set and level of experience.

Equal Opportunity Employer

We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce. TransRe is an equal opportunity employer and will consider all applicants without regard to race, color, religion or creed, national origin, ancestry, sex, disability, medical condition, genetic information, age, sexual orientation, gender, gender identity or expression, marital or partnership status, familial status, caregiver status, military service or veteran status, or any other status protected by applicable federal, state or local law.