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Underwriter P&C, 2684

Hannover Re11 days ago
Toronto, Ontario
Mid Level
full_time

About the role

Hannover Re - more than 3,500 employees at locations all over the world.

Our strength? Connecting Power: We rely on each other.

As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world as well as a reliable employer.

You can look forward to As a Treaty Reinsurance Underwriter you will be responsible for assisting the Property & Casualty Treaty team in Toronto with underwriting both renewal and new business treaty submissions, evaluating risks, and developing tailored reinsurance solutions for our clients.

  • Manage all underwriting related aspects of the assigned treaties which includes all internal and external communication with cedants, brokers, colleagues in Canada and Hannover
  • Participate in the underwriting strategy and processes, including evaluation of submissions, analyzing and interpreting exposures, determining coverage in Canada
  • Calculate appropriate risk premium, exercise discretion and independent judgment in the analysis and evaluation of risk assessments.
  • Negotiate within the limits of delegated authority and in accordance with internal guidelines, underwriting procedures and controls to achieve profile objectives.
  • Support the business planning and forecasting process.
  • Proactively engage with all stakeholders within the Group and build relationships with broker and clients with the objective of identifying new business opportunities.
  • Working collaboratively with in a team environment assisting all members of the team.

You come equipped with Educational Background

  • Bachelor’s degree in finance, economics, international management, mathematics or a related field.

Experience & Qualifications

  • Minimum of 5 years of underwriting experience in the insurance or reinsurance industry.
  • Solid knowledge of the Canadian insurance marketplace.
  • Experience handling complex accounts and working in a team environment.
  • Excellent verbal and written communication skills in English; French proficiency is an asset.
  • Strong negotiation and relationship management skills.
  • High attention to detail and a strong work ethic.
  • Proficiency in Microsoft Office and underwriting/pricing tools.
  • Ability to work independently and manage multiple priorities in a fast-paced environment.

We are #somewhatdifferent – people with their own stories, experiences, and career paths. Everyone is welcome! Apply with just one click on the “Apply now” button and become part of our diverse team! We'd love to hear about your skills and experiences. No need to upload a photo – it won’t impact your application.

More on our work environment, your entry opportunities and development prospects can be found at www.hannover-re.com/en/career.

About Hannover Re

Insurance
1001-5000

Hannover Re is one of the world’s leading reinsurers.

It transacts all lines of property & casualty and life & health reinsurance and is present worldwide with more than 3,500 staff. Established in 1966, Hannover Re is recognised as a reliable partner for innovative risk solutions, exceptional customer intimacy and financial soundness.

The rating agencies most relevant to the insurance industry have awarded Hannover Re very strong insurer financial strength ratings: Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior".

Beyond risk sharing, we team up to create opportunities.

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