Casualty Facultative Underwriter Associate

Job summary

Underwriters assess individual risk and volatility for insurance clients using data research and rating models. They are also responsible for negotiating the transfer of risk, pricing contracts, and building lasting client relationships through marketing and presentations.

Job details

Shape Your Future With Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re. Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of 38 offices, we have earned superior financial strength ratings from each of the major rating agencies. Gen Re currently offers an excellent opportunity within Casualty Facultative North America (CFNA) for an Underwriter Associate in our Toronto office. Role Description Gen Re provides Underwriter Associates with a high level of authority, productivity and empowerment early in their career. Initially, training is provided with an intensive program called “Jump School”. Our mentoring program also provides Underwriter Associates the opportunity to manage a book of business. All work is completed within teams; working effectively in a team environment is paramount. Successful candidates will possess a positive attitude, accept responsibility and accountability, technical aptitude, diverse interpersonal skills, ability to lead and are self-motivated. As an Underwriter, this position offers a continuing variety of tasks. Underwriters work with our clients (i.e. insurance companies) in assessing individual risk and related volatility, by utilizing data research and rating models. Underwriters are responsible for understanding basic and standardized contracts and policy forms, negotiate the transfer of risk, pricing directly with the client. Underwriters are provided the opportunity to travel and meet face-to-face with clients. On the marketing or sales side, Underwriters strive to build lasting relationships with their clients. Marketing efforts include a variety of touch points, including client entertainment, industry events, meetings/presentations, and written communication. Responsibilities continue to grow and evolve throughout one’s career at Gen Re. Our employees enjoy a strong work/life balance, flexibility, quality work environment, comprehensive benefits and a competitive compensation structure. We are continually committed to strengthening our employee’s professional skills, expand industry knowledge and personal growth. Role Qualifications and Experience College degree Suggested majors: Liberal Arts, Risk Management, Economics, Business Prior intern or work-related industry experience Solid software skills Strong verbal and written communication skills; strong client/marketing presentation Capacity to work in a team environment Strong critical thinking skills and intellectual curiosity Salary Range 80,000.00 - 100,000.00 CAD The successful candidate will be paid a competitive compensation package, commensurate with the level, status and responsibilities of the role. Our Corporate Headquarters Address General Reinsurance Corporation 400 Atlantic Street, 9th Floor Stamford, CT 06901 (US) At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation's continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability , marital status, liability for service in the armed forces, veterans' status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.

What you’ll do

Underwriters assess individual risk and volatility for insurance clients using data research and rating models. They are also responsible for negotiating the transfer of risk, pricing contracts, and building lasting client relationships through marketing and presentations.

Requirements

Candidates must hold a college degree in fields such as Liberal Arts, Risk Management, Economics, or Business. Strong verbal and written communication skills, critical thinking, and the ability to work effectively in a team environment are required.

Benefits

• Comprehensive benefits
• Competitive compensation structure
• Work/life balance

Listed skills

• Teamwork · Preferred
• interpersonal skills · Preferred
• Critical Thinking · Preferred
• Communication Skills · Preferred
• Client Relationship Management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Risk assessment
• Data research
• Rating models
• Contract analysis
• Risk transfer
• Pricing
• Client relationship management
• Marketing
• Presentation skills
• Critical thinking
• Teamwork
• Communication skills
• Technical aptitude
• Interpersonal skills
• Self-motivation
• Mentorship
• Presentations
• Communication
• Operations
• Risk Management
• Technical Acumen
• Writing
• Economics
• Accountability
• Research
• Interpersonal Communications
• Sales
• Positivity
• Self-Motivation
• Critical Thinking
• Underwriting
• Intellectual Curiosity
• Reinsurance
• Liberal Arts
• Casualty Insurance

Job areas

• Finance & Accounting
• Management & Leadership
• Sales
• Consulting
• Casualty Underwriter
• Property / Casualty Underwriter
• Insurance Representatives
• Insurance Underwriters

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