Underwriter Assistant
Underwriter 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 Casualty Underwriting
We offer Insurance and Reinsurance capabilities across a broad range of Casualty Products. With teams based in London and the US we have expertise across territories allowing us to build deep expertise and foster strong relationships with our brokers and clients. The Insurance team has a broad appetite and offers market leading solutions and capacity with a focus on professional lines and transactional risk as well as a specialised approach to Medical Malpractice. With such a broad product offering and across multiple offices we require strong communication and collaboration from each individual in the team. Our culture promotes these positive behaviours and has been a large factor in our success and enabled us to become a market leader.
About the Position
We believe in an apprenticeship model at RenaissanceRe and have a track record of identifying high potential early career talent and setting them up for success. Our collaborative model thrives on empowering people strategically and tactically. As an Underwriting Assistant you will learn by working sidebyside with our underwriters gaining handson experience to develop your understanding of how to make decisions build client relationships and manage deals from start to finish. Youll also work closely with the internal partners who enable our success including actuaries risk analysts IT operations finance and business development. As an integral team resource youll have the opportunity to get involved in portfolio management and other projects. Were investing in you beyond your first role with us and committed to your career development whether thats along the Underwriting track or into an adjacent space like Risk or Analytics.
Key Responsibilities:
Provide operational support to the underwriting team; including pre bind in force deal workflow management and postbind account monitoring:
Review incoming submissions liaise with brokers on additional data queries collate responses and produce summary docs for underwriters
Prepare relevant data for the underwriters to support client/broker meetings which you will also attend as appropriate
Liaise with relevant stakeholders both internally and externally to procure required documentation for client accounts and to manage the portfolio
Take ownership over managing the deal workflow lifecycle and assist underwriters in completion of best practice guidelines.
Facilitate completion of relevant compliance and regulatory processes
Maintain ongoing selfdirected professional development and study.
Candidate Qualifications:
Motivated to learn new concepts and build a career in the insurance industry.
Excellent mathematical statistical problemsolving and data management skills.
Strong communication and collaboration skills including the ability to express a pointofview and receive feedback from others.
The ability to operate in a fastpaced underwriting environment with multiple workstreams with timely and accurate results.
Emotional and organizational IQ; strong listening skills global mindset and respect for cultural differences.
Excellent written verbal and interpersonal skills.
Excellent Microsoft Office skills particularly Excel.
Effective planning and organisation skills
We believe that meeting these requirements will position you for success in the role. However if you fulfil 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.
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
