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Property Facultative Underwriter
Seeking a talented Property FAC Underwriter to join a great team. Base salary and bonus potential is very lucrative for high performers. Open to entry level through veteran level skill set. 
 
This team is looking for someone who is highly organized, strong in math, team oriented and a relationship builder. 
 
Full remote is available if outside an office location, otherwise 1-2 days a week in office is requested. 
Underwriting
  • Underwrite shared and layered and complex property deals from various Multinational, Regional and Specialty clients.
  • Understand standard risk coverages, policy forms, terms and conditions.
  • Ability to learn various property lines of business (i.e. complex property, inland marine, power generation, petrochemical, boiler and machinery, etc.)
  • Understand and use the various underwriting tools, utilizing technical referrals for calculating accurate technical premiums as appropriate.
  • Provide concise and clear documentation, effectively highlighting the underwriting thought process.
  • Ability to assess risk hazards and exposure, understanding the relationship between the Company risk appetites in relation to these.
  • Knowledge of non-standard risk coverages, policy forms, terms and conditions is a plus.
Marketing
  • Develop and maintain broker relationships and learn marketing behaviors by participating in broker visits and events.
  • Understanding the differences between client markets and segmentations (E&S, specialty, middle market, large accounts, etc.)
  • Analyze market pricing, current trends in terms and conditions, and implementation of value for value concepts.
  • Effectively negotiate with brokers on pricing, terms and conditions, etc. 
Related Activities
  • Understand and follow corporate and departmental philosophies, rules and guidelines.
  • Continuously and proactively improve skills and knowledge.
  • Identify and prioritize opportunities in an efficient manner.

Your Profile

  • 3‑5+ years minimum industry experience in property underwriting (reinsurance experience preferred).
  • Marketing and travel: 10%
  • Excellent verbal and written communications skills.
  • Superior interpersonal and critical thinking skills.
  • Capacity to work within a remote team environment.
  • Excellent organizational skills and attention to detail.
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