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Senior Casualty Treaty Underwriter

1 month ago

London, Greater London, United Kingdom Gen Re Full time

Shape Your Future With Us

Gen Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees 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 of 38 offices, we have earned superior financial strength ratings from each of the major rating agencies.

We are seeking a highly skilled Senior Casualty Underwriter to join our London Treaty team.

Main Responsibilities:

- Underwrite and accept Casualty treaties, including premium calculation and deciding on terms and conditions in accordance with the underwriting guidelines, internal directives, targets and client strategies;

- Conduct negotiations and support in maintaining the relationship with clients and brokers;

- Service client accounts and tap new business potential;

- Responsibility for the administration of the contracts assigned, including exposure monitoring and liability/accumulation assessment;

- Perform result and portfolio analysis and prepare line of business reports;

- Develop and implement a strategy for the London Casualty Treaty book; participate in planning and controlling activities;

- Assume special tasks, participate/support local and group wide international working groups and projects; participate in reviews, training of staff; contribute to market events

Requirements:

- University degree in an economic, scientific (mathematics/statistics) or law-related discipline;

- Minimum 3 years of experience in Casualty insurance and knowledge of reinsurance;

- Highly conversant with IT systems, proficiency with the relevant underwriting and rating tools/risk modelling;

- Great team-worker, business developer, negotiator and communicator;

- Strong entrepreneurial spirit, proactivity and ability to work under pressure and with a multitasking approach;

The position will be based in London but availability to travel is required.

We offer a highly professional and inclusive work environment that values excellence, integrity, personal responsibility and the unique talent of each employee.

Flat management hierarchy and team-based environment that promote collaboration and free-flowing communication.

Market competitive remuneration package commensurate with experience and qualifications.