[Hiring] Senior Property Treaty Reinsurance Underwriter @American Family Insurance

Role Description

As a Senior Property Treaty Reinsurance Underwriter with American Family Insurance, you will be responsible for:

• Prospecting, relationship management, and underwriting analysis on new and existing global property treaty reinsurance business.
• Developing broker and customer relationships to position AmFamRe as a preferred partner for existing and prospective clients.
• Evaluating complex risks and exposures, pricing structures, rates, terms, and conditions, in accordance with corporate reinsurance guidelines and within given authority levels.
• Using developing knowledge of global reinsurance markets to support management in setting the strategic direction of our assumed reinsurance business.
• Maintaining relationships with a range of brokers, cedents, and other industry experts to profitably build and manage a worldwide reinsurance portfolio.

Join American Family and help shape the future of treaty reinsurance!

You will report to the Director, Underwriting & Account Development.

#LI-REMOTE

Qualifications

• Demonstrated experience providing customer-driven solutions, support, or service.
• Demonstrated experience analyzing complex financial statements, hazards, coverage, losses, pricing terms, and competitive positions.
• Demonstrated experience communicating and presenting complex global treaty findings and recommendations to internal and external contacts.
• Demonstrated experience managing and leading large, complex projects.
• Demonstrated experience working with reinsurance brokers and ceding insurance companies to successfully create new reinsurance business opportunities.
• Demonstrated reinsurance experience underwriting new business, retention, and other goals.
• Extensive knowledge and understanding of the global reinsurance industry, its market, regulatory constraints, judicial climate, and consumer activism.
• Extensive knowledge and understanding of advanced financial and statistical analysis techniques including actuarial techniques.

Requirements

• Evaluate ceding company financial strength, operating strategy, and market trends to decide whether to accept risk and on what terms (new business and renewals).
• Analyze exposures for new and renewal submissions using cedent data, experience, and available market information.
• Review broker/customer requests and determine acceptable coverage that meets critical insurance and service needs.
• Underwrite the program structure by assessing cedent operations, hazards, expected losses/expenses, financials, and loss history.
• Evaluate treaty contracts and wording; manage documentation workflow and ensure required fields/terms are captured within authority limits.
• Build and maintain strong broker and client relationships to retain profitable business.
• Recommend participation levels aligned to business goals, long-term profitability, and enterprise risk appetite.
• Conduct client audits as needed to confirm cedent processes comply with contract terms and corporate objectives.
• Serve as audit SME for internal partners; lead and deliver assumed reinsurance projects of varying complexity across cross-divisional teams and multiple concurrent initiatives.

Benefits

• Comprehensive medical, dental, vision, and wellbeing benefits.
• Competitive 401(k) contribution and a pension plan.
• Annual incentive and 9 paid holidays.
• Paid time off program (23 days accrued annually for full-time employees).
• Student loan repayment program and paid-family leave.