AVP, Underwriting (Casualty Reinsurance)

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 industry-leading 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 RenaissanceRe

For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).

About the Position

Reporting directly to the SVP, Head of Global Clients – Casualty, Mike McCann, the AVP, Underwriter markets, analyzes, underwrites, models and services (re)insurance products, to help our company to achieve corporate profitability and growth goals.

Key Responsibilities:

Underwrite a portfolio of casualty (re)insurance business that aligns with our risk and return goals

Contribute to the mission of the organization by implementing its operational plans and strategies and promoting its corporate values and culture

Conduct regular client visits and communicate underwriting requirements and philosophies

Partner with clients to determine specific requirements and structure appropriate (re)insurance solutions to satisfy their needs

Conduct analysis of primary operations, products and management teams

Work with the actuarial team to analyze and construct reinsurance treaties to satisfy the needs of our clients

Obtain supplemental underwriting information, analyze and interpret coverages, and negotiates final terms

Develop relationships with clients and (re)insurance brokers to ensure flow of desirable business and to cultivate new business opportunities

Collaborate with team members in a integrated global casualty organization

Participate in travel to interact with clients and brokers

Mentor and develop Analysts

Candidate Qualifications:

A College or university degree is required, with typically 5-7 years of experience in (re)insurance underwriting

Analytical, problem-solving and decision-making skills, and identifies alternative solutions.

Knowledge of global insurance and reinsurance markets

A deep understanding of policy forms, reinsurance pricing schemes and the role and impact of actuarial, finance and claims in the underwriting process

An understanding of actuarial concepts and the ability to interpret model results

A reputation for managing relationships with clients and brokers

Demonstrate social, relationship building and negotiation skills

Strong communication and collaboration skills at all levels of the organization and with external stakeholders

Demonstrate sensitivity and respect cultural differences

Leadership Competencies & Values:

Impact: Sets objectives, delivers results, and implements policies/operational targets with direct impact on the department or individual work outcomes

Execution: Proactively identifies resources, actions and timelines needed to achieve objectives, effectively balancing tactical pressures with broader implications and downstream impact

Communication: Shares relevant information in a timely manner with stakeholders and conveys points of view in a way that influences opinions and demonstrates flexibility

Client and solutions focus: Identifies process and service opportunities that enhance the external and internal client experience and outcomes

Innovation: Stretches self and others to think differently and innovatively, drawing upon multiple sources for ideas and inspiration

Learning mindset: Seeks out and explores new assignments, exposure, or challenges in order to enhance technical skills

Values: Exemplifies and champions RenaissanceRe’s core values of Focus, Respect, Integrity, Precision, Passion

At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRe’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/ civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

The fulltime base salary range for this position is $180,000 - $200,000 USD per year; base salary offered may vary based on job-related knowledge skills, and experience. The position is eligible for bonus and a comprehensive benefits package. This information is provided per the New York City Human Rights Law and applies to positions in New York City.

Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented 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 locally-led 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.

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