Company Description
PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.
Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.
Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:
Shape your own career
Grow in a supportive environment
Connect with a community of experts
Make an impact
View Home - PartnerRe Experience e-book to find out more about what it’s like to work at PartnerRe.
We are always looking for bright, proactive individuals to join our team!
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Job Description
About this job:
- In this role you will be responsible for underwriting a diverse book of worldwide property, onshore energy and engineering treaty reinsurance with a focus on global and multi-national clients, a client segment in which PartnerRe is a recognized lead reinsurer.
- Your responsibility includes client and broker marketing in co-operation with account executives and senior management. You will form part of a collaborative team in which sound underwriting decisions are made in a dynamic environment reporting directly to the Head of Specialty Property, Engineering and Downstream Treaty.
About the role:
- Handle results-oriented underwriting by developing and monitoring a profitable portfolio of new and renewal business. This includes pricing of treaty programs with Pricing Actuaries/Cat Modelling, assessing contractual documentation and ensuring full compliance with all underwriting guidelines and procedures through proper documentation of your underwriting actions and decisions.
- Establish a senior market presence with key clients and brokers positioning PartnerRe as the reinsurer of choice for new profitable business falling within our defined risk appetite.
- Support and foster a culture of agility, straightforward communication, high performance, client centricity and solution oriented decision making.
- Pro-active collaboration with relevant corporate functions, e.g. Actuarial, Claims, Reserving and Technical Accounting to develop a holistic view on global clients and line of business financial performance.
- Support portfolio management warranting natural and man-made catastrophe accumulations stay within set risk tolerances.
- Analyse and monitor market trends, economic and legal developments and assess their impact on the business falling within your underwriting responsibility.
- Handle and supervise administrative tasks such as data input for contract administration in a timely, accurate and efficient manner to ensure a high level of data integrity for downstream reporting.
Qualifications
About you:
Technical Competencies:
- Relevant underwriting experience, strong technical skill set and deep understanding in at least one of the the lines of business Energy Downstream, Global Property and/or Engineering.
- Sound underwriting judgement weighting structural, coverage and pricing aspects on complex reinsurance transaction against financial objectives and underwriting standards.
- Strategic marketing and strong negotiation skills with brokers and reinsurance buyers. Sufficient gravitas with major clients and brokers to represent and develop the PartnerRe brand.
Behavioural Competencies:
- Demonstrated ability of working as part of a high performing team in a diverse and multicultural environment underpinned by professional integrity and thoughtful, efficient and pro-active communication.
- Confident interaction and willingness to share one`s point of view and exchange constructively with colleagues, management, clients and brokers of different hierarchical levels also in controversial situations.
- Self motivated attitude with a high level of energy and the desire for ongoing development and personal growth.
- Ability to prioritize tasks and work under time constraints during peak business periods without compromising the quality of the work product.
- Willingness to travel up to 20% and at short notice during peak times.
Work Experience:
- Proven track record of 5 to 8 years of reinsurance/insurance underwriting experience in downstream energy, global property and/or engineering.
- Work experience in London, US or other key global markets as well as with global clients and specialist insurers is a plus.
- Experience in the primary insurance or facultative market is a plus.
Education:
- University degree with a reputable institution preferably with analytical and international emphasis.
Professional Qualifications:
Relevant industry designations e.g. A.C.I.I, CPCU, actuarial credentials and/or willingness to obtain one are a plus.
Additional Information
#LI-Hybrid
PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.
Thank you,
PartnerRe Hiring Team
