Casualty Facultative Underwriter

Company: Faraday
Location: Stamford
Posted on: May 24, 2023

Job Description:

Shape Your Future with Us General Re Corporation, a subsidiary of , is a holding company for global reinsurance and related operations,with more than 2,000employees worldwide. Its direct reinsurance companies conduct business asGenRe.Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of more than , supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.GenRe currently offers an excellent opportunity for Casualty Facultative Underwriterto workon our Berkshire Broker Team. This role can be performed remotely for an appropriately qualified individual.Role DescriptionUnderwriting Analysis

• Provides a high level of underwriting analysis for both client and internal teams.
• Conducts evaluation of moderate to complex risks/exposures requiring thoughtful approaches.
• Demonstrates sound underwriting skills, and is adept in the application of rates, forms, pricing structures, terms& conditions.
• Provides concise and clear documentation, effectively highlighting the underwriting thought process.
• The Underwriter is expectedto:
  • have a solid understanding of the cause-effect relationship of decisions and their impact on the business
  • operate comfortably in a team environment where multi-headed risk reviews and analyses are routine.Relationship Building
    • The CasFac underwriter concentrates on developing and maintaining broker relationships while.
    • Learns and expands effective marketing behaviors by participating in broker visits as needed.
    • Effectively negotiates with brokers on pricing, structuring, terms& conditions,etc.
    • Continuously builds on their knowledge of various markets and segments (i.e., E&S, Specialty, Middle Market, Large Accounts,etc.).Learning / Development
      • The CasFac Underwriter takes an active role in increasing his or her knowledge of policies, principles, processes, procedures, and various lines of business.
      • Attends and participates in all GenRe CasFac underwriting and technical seminars to improve skills and remains consistent with departmental philosophies and underwriting guidelines.
      • Identifies and prioritizes opportunities in an efficient manner.
        Role Qualifications and Experience
        • 8-10 years minimum industry experience in underwriting (reinsurance experience preferred).
        • Marketing and travel:10%
        • Possesses strong verbal and written communication skills.
        • Demonstrates a high level of interpersonal skills and critical thinking skills.
        • Capacity to work within a remote team environment.
        • Excellent organizational skills and attention to detail.Salary RangeUSD90,675.00 - 151,125.00The
          annual base salary range posted represents a broad range of salaries around the
          U.S. and is subject to many factors including but not limited to credentials,
          education, experience, geographic location, job responsibilities, performance,
          skills and/or training.
          Does this sound exciting?If you want to shape your future with us, we look forward to receiving your application via our website .
          ContactLinda Dalesio, Human Resourcesldalesio@genre.comOur AddressGeneral Reinsurance Corporation120 Long Ridge RoadStamford, CT 06902 (US)At
          General Re Corporation, we celebrate diversity and are committed to creating an
          inclusive environment for all employees. It is the General Re
          Corporation continuing policy to afford equal employment opportunity to all
          employees and applicants for employment without regard to race, color, sex
          (including childbirth or related medical conditions), religion, national origin
          or ancestry, age, past or present disability, marital status, liability for
          service in the armed forces, veterans' status, citizenship, sexual orientation,
          gender identity, or any other characteristic protected by applicable law. In
          addition, Gen Re provides reasonable accommodation for qualified individuals
          with disabilities in accordance with the Americans with Disabilities Act.

Keywords: Faraday, Stamford , Casualty Facultative Underwriter, Other , Stamford, Connecticut