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Treaty Underwriter

Company: OdysseyRe
Location: Stamford
Posted on: May 26, 2023

Job Description:

OdysseyRe is one of the world's leading providers of reinsurance and specialty insurance. Comprised of its flagship reinsurer, Odyssey Reinsurance Company and its subsidiaries, Hudson Insurance Group and Newline Group, OdysseyRe is a global enterprise committed to providing local expertise. Headquartered in Stamford, CT, the Company operates through its network of over 35 offices located in 13 countries, and writes business in more than 100 territories around the world.We are dedicated to developing future leaders of our organization and the reinsurance industry. Currently, we are seeking Reinsurance Underwriting candidates with at least 3 years of Worker's Compensation insurance/Reinsurance experience. Exposure to Professional liability including medical malpractice is a plus. The successful candidate should be open to exposure to a variety of product lines over time.Essential Functions

  • Maintains good relationships with brokers
  • Documents underwriting files and decision rationale
  • Ability to interpret and analyze pricing model output
  • Offers coverage within the terms and conditions which will generate a profit for the Company while meeting the needs of the customer
  • Identifies risk exposures, special or common hazards, and appropriate controls
  • Analyze claims and quantifies losses
  • Analyzes financial statements and ratios used in risk analysis
  • Quantifies risks based on experience history and forecasting methods
  • Negotiates to achieve bottom line profitability for the CompanySkills, Knowledge & Ability
    • Strong analytical skills
    • At least 3 years of Worker's Compensation Insurance/Reinsurance experience. Professional liability including medical malpractice exposure is a plus.
    • Prefer exposure to Reinsurance concepts.
    • Proficiency in Excel
    • Ability to communicate effectively at all levels in the company
    • Ability to manage both support staff and client relations
    • Maintain confidentiality of company-sensitive data
    • Exercise discretion and independent judgment
    • Perform other related duties as required to achieve the goals and objectives of the company and department.
    • Ability to travel frequentlyEducation
      • Bachelor's degree
      • Knowledge of the Insurance or Reinsurance industry as it pertains to coverages, rate making process, risk exposures and contracts

Keywords: OdysseyRe, Stamford , Treaty Underwriter, Other , Stamford, Connecticut

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