VP Underwriter

Company Description

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.

Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.

Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:

Shape your own career

Grow in a supportive environment

Connect with a community of experts

Make an impact

View Home - PartnerRe Experience e-book to find out more about what it's like to work at PartnerRe.

We are always looking for bright, proactive individuals to join our team!

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PartnerRe is an equal opportunities employer.

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Job Summary:

In this role you will be responsible for underwriting a diverse book of casualty business, including production and marketing activities. This role is part of a highly collaborative team in which decisions are made in an efficient and dynamic operating environment.

About the role:

• Underwrite a book of professional liability treaty business. Potential business includes D&O and ancillary classes. E&O classes, Transactional Liability, Cyber Liability. MGA-produced business.
• Responsible for working and collaborating with colleagues internationally.
• Build a portfolio of business that is structured to produce and maintain profitable results throughout the market cycle.
• Conduct extensive reviews and analyses of treaty reinsurance opportunities, including performing a thorough analysis of primary operations, products, and management teams. Develop and maintain strong relationships with clients and reinsurance brokers to cultivate continuous flow of treaty reinsurance opportunities.
• Work in close collaboration with the actuarial, finance and claims teams to analyze and structure reinsurance programs.
• Travel as required to meet with clients and brokers, attend and conduct client reviews, and attend industry conferences.
• Bring strong external broker and client relationships to the Partner Re team.
• Coordinate with department manager on the development and execution of the production and sales process including planning, marketing, operating routines, and portfolio monitoring.
• Negotiate with brokers on new and renewal business and involve senior management in the process as needed.

Product Knowledge and Policy Command:

• Ability to understand and assess market trends.
• Knowledge of and able to assess standard policy language.
• Review specific coverage requests to determine current risk appetite and/or whether review by additional senior underwriting authority is required.
• Knowledge and expertise of other liability lines of business is a plus.

Qualifications:

• Strong interpersonal skills; able to engage clients, brokers and colleagues and gain their trust as partner and collaborator.
• An analytical/inquisitive mindset with strong technical skills, able to make quantitative and qualitative assessments of risk
• Ability to produce and work with system-generated reports.
• Highly collaborative and versatile; with the ability to work effectively both independently and as part of a team.
• Superior verbal and written communication skills.
• Sound business judgment.
• A willingness to share one's point of view.
• Strong organizational skills, ability to prioritize and multi-task.
• Strong work ethic and a desire to succeed.
• Unquestionable professional integrity

Education/Further requirements:

• A college or university degree is required. An MBA or relevant advanced degree is preferred.
• CPCU, ARE or other industry designations are preferred.
• A minimum of 5-10years of experience in progressively advancing underwriting roles in the insurance industry and/or in the reinsurance brokerage sector.
• Strong industry relationships and well respected by reinsurance brokers and insurers.
• Working knowledge of actuarial and pricing concepts. Experience partnering with actuarial teams to price and structure reinsurance treaties.
• A thorough understanding of the underlying business.
• A strong grasp of policy forms and pricing schemes. The individual should also understand the role and impact of claims, actuarial, accounting, and finance in the underwriting process.

Additional Information

#LI-Hybrid:

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.

Thank you,

PartnerRe Hiring Team