Technical Assistant
Technical Assistant
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Job Description
RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years we have helped customers and communities recover and build resilience through our industryleading ability to understand risk source efficient capital and rapidly pay claims.
Our global team shares a passion for solving our customers biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
About RenaissanceRe
For over three decades RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. Were experts in Property Casualty Specialty and Credit reinsurance consistently recognized for the innovative way we combine data experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the worlds most complicated challenges. To learn more please visit us at Careers RenaissanceRe (renre).
About the Position
Reporting directly to the SVP Head of Treaty Property & Casualty. The individual performing this position will assist in the administration and underwriting of Property and Casualty Treaty book of business and other functions as described below.
The Technical Assistant role is based in the Miami office some travel to other RenaissanceRe offices may be possible.
Key Relationships
Reports to: SVP Head of Treaty Property & Casualty
Key Stakeholders: All Miami Underwriters cat modellers actuaries
Key Partners: other Technical Assistants
Key Responsibilities
Accurate and timely process and input of information into the groups systems that is from the submission stage all the way through binding and maintenance. Provide support for systems needs used by the TAs overviewing and liaising for the continued maintenance organization and update of the Property and Casualty treaty documentation workflow processes.
Assist the Treaty Underwriters in the accurate review process of new and renewal business offers not limited to the clearance and processing of submission information into the groups systems gathering of information for analysis and pricing review and comparison of terms conditions and pricing results aggregates and cat modelling data preparation historical profitability results preparation and review of slips and documents.
Liaise with the catastrophe modelling team and pricing actuary team to lead assistance in the preparation of data completeness of results and pricing identification of driving factors impacting results striving for timely consistency data quality improvement and reliability in results.
Support the Treaty Underwriters in the data input reporting documentation simulations and monitoring of the property treaty catastrophe limits aggregates and loss simulations.
Assist and support the Treaty Underwriters in the timely and accurate preparation of authorizations and summaries in adherence to underwriting guidelines and procedures.
Good understanding of slip wording language for accurate and timely review comparison and assistance support in contractual terms and conditions. Assist the Treaty Underwriters in review and preparation of slips for authorizations terms and conditions review and signature in adherence to underwriting guidelines and procedures.
Ensure and that all necessary information for the analysis and pricing of the business has been timely provided and request and/or coordinate request of missing information. Keep files folders and workflow systems orderly and accurately updated.
Coordinate with underwriting actuarial accounting IT claims audit and legal departments to ensure that all information related to the existing portfolio and prospective business is complete in order so those departments can diligently perform their duties
Assist the Treaty Underwriters in the accurate review information requests and timely processing of Proportional estimated premium income updates Excess of Loss premium adjustments notice of cancelation letters endorsements special acceptances and quarterly updates as per departments Treaty guidelines and procedures
Support in the coordination data gathering review and timely response in resolving accounting and claims queries
Take initiative in ensuring reports and data needed by the Miami Property & Casualty Treaty Underwriting area are made available including coordination between departments for the development accuracy maintenance and repository of reports.
Support the development reporting tools and support in the timely preparation of reports data and presentations for UWs and managers (Travel Market Stats Presentations Special Projects Renewal Summaries etc.
Assist in the gathering of market data creation and maintenance of market reports and other ad hoc requests.
Processes improvement: support development of standardized processes guidelines etc. Introduce efficiencies and better coordination in all department areas (UW Actuary Cat Modelling Claims Accounting etc.
Ensure compliance of laws rules and regulations affecting Validus Reaseguros (both internal and external).
Support in the coordination of agendas meetings and marketing logistics
Perform other duties as assigned or may be necessary by the Property and Casualty Treaty department needs.
Act as a backup when the Treaty Underwriters are traveling on vacation or absent.
Candidate Qualifications:
Four year college or university degree
Professional insurance qualifications and or designations a plus
Proven organizational and efficient timekeeping skills and high degree of attention to detail.
Excellent written and verbal communication skills
Strong ability with data numbers and mathematical concepts
Ability to deal effectively and courteously with clients and colleagues
Able to work outside of normal office hours if necessary
Prioritizes and plans effectively
Able to process heavy workloads
Bilingual: English and Spanish
Leadership Competencies & Values:
Impact: Sets objectives delivers results and implements policies/operational targets with direct impact on the department or individual work outcomes
: Proactively identifies resources actions and timelines needed to achieve objectives effectively balancing tactical pressures with broader implications and downstream impact
Communication: Shares relevant information in a timely manner with stakeholders and conveys points of view in a way that influences opinions and demonstrates flexibility
Client and solutions focus: Identifies process and service opportunities that enhance the external and internal client experience and outcomes
Innovation: Stretches self and others to think differently and innovatively drawing upon multiple sources for ideas and inspiration
Learning mindset: Seeks out and explores new assignments exposure or challenges in order to enhance technical skills
Values: Exemplifies and champions RenaissanceRes core values of Focus Respect Integrity Precision Passion
We believe that meeting these requirements will position you for success in the role. However if you fulfill most but not all of the expectations we still encourage you to apply as we are eager to explore your potential and believe in the ability to grow and learn.
At RenaissanceRe we believe in creating a workplace culture that fosters diversity equity and inclusion throughout our business. We have a zerotolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRes policy to ensure equal employment opportunity without discrimination or harassment based on race color religion sex (including pregnancy childbirth or related medical conditions) sexual orientation gender identity or expression age disability national origin marital or domestic/ civil partnership status genetic information citizenship status uniformed service member or veteran status or any other characteristic protected by law.
Our people are our most valuable resource and core to our success. This is a fastpaced business environment demanding a strong work ethic and a resultsoriented approach. We offer competitive compensation and benefits a comprehensive talent development program and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locallyled giving philosophy with generous employee matching program global and local community grants and employee volunteerism.
We seek diversity create equity and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race color religion national origin sex sexual orientation gender identity marital status pregnancy disability military status or other legally protected categories.
Employment Type
Full-Time
