Vacancy: Reinsurance Underwriter Job Purpose
: The Reinsurance Underwriter will underwrite and Provide Excess of Loss reinsurance business.
In addition, the Underwriter is expected to actively participate in Departmental and Companywide projects and assume a support role to other underwriters. Duties and Responsibilities
- Evaluate risks and underwrite using various forms of forecasting and rating techniques.
- Analyze and interpolate large amounts of medical claim data.
- Work closely with internal sales staff and external brokers.
- Work closely with internal departments such as Claims, Sales and Medical Management to resolve account specific issues.
- Responsible for revenue growth and oversight of profitability for his/her underwritten reinsurance book of business
- Major duties include rating, underwriting and monitoring performance of reinsurance accounts within underwriting guidelines.
- Strong analytic skills
- Excellent written and verbal communication skills
- Ability to properly evaluate and select risk problem solving skills
- Technical proficiency in rating and underwriting of reinsurance accounts
- Strong Negotiation and organizational skills
- Highly proficient in Microsoft Excel and/or Access
Qualifications and Experience
- Bachelor’s degree in Actuarial Science.
- At least 5 years experience in Insurance &Reinsurance business.
- Have a minimum 5 years of relevant experience.
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