AVP, Underwriter - Casualty Insurance job in New York

New York, New York - NY RenaissanceRe

Job Ref:	JR1611
Employer:	RenaissanceRe
Sector:	P&C/General Insurance/Non-Life Reinsurance
Qualifications:	Unclassified
Job Type:	Full Time
Salary and Benefits:	$140,000 - $160,000 per year
Remote:	No
Location
Country:	United States
State/Province/County:	New York - NY
City:	New York
Post Code:	Not specified
Map:	(Show on map)
Description
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 Casualty Insurance RenaissanceRe's Casualty Insurance business is a growing segment for our company, driven by our commitment to superior risk selection, superior capital management, and superior client relationships. Since 2010, we have written direct Casualty Insurance business through RenaissanceRe Syndicate 1458, leveraging Lloyd's distribution network and worldwide capabilities to deliver best in class protection to our clients. Our business strength derives from core MGA relationships, our dynamic global risk appetite, and enhanced monitoring and portfolio optimization. Based in London and New York, our team of underwriters and actuaries provides solutions across five main product areas: professional indemnity, general liability, D&O, transactional liability, and medical malpractice. With both scale and balance, robust monitoring, active management oversight, and an expert claims team proven at handling and paying complex claims, our diversified portfolio is poised for continued growth. We are committed to investment in talent resources and data to support the ongoing development of our underwriting expertise and risk insight. About the Position Reporting directly to the SVP, Head of US Casualty Insurance, the AVP, Underwriter, will analyze, underwrite, model, and service Casualty insurance products including, but not limited to, Professional, Management and General Liability. The successful candidate will play an active role in developing and growing a diversified casualty insurance portfolio, which has been identified as a key strategic focus for the company. The AVP will have broad responsibility for individual Casualty Insurance delegated deals, from marketing and negotiating to underwriting, structuring, and reporting. Candidates should have some casualty underwriting experience in program, reinsurance or direct underwriting and demonstrate the ability to establish effective working relationships with brokers and clients. We offer a highly collaborative environment and the opportunity to work closely with multiple internal business and functional partners, from actuarial and claims, to delegated underwriting and casualty reinsurance teams. This role will join a dynamic team focused on building a profitable portfolio that meets the broader Casualty Insurance growth aspirations. The AVP, Casualty Insurance Underwriter, role is based in our midtown New York office and will be expected to travel primarily within the continental United States and to London. Key Relationships Reports to: SVP, Head of US Casualty Insurance Key Stakeholders & Partners: Actuarial, Claims, Legal & Compliance, Delegated Underwriting Management, Underwriting Business Solutions, Casualty Reinsurance Underwriting Key Responsibilities Casualty Insurance underwriting Underwrite a portfolio of casualty insurance business in alignment with our risk and return goals Monitor and manage individual MGA relationships to meet profitability targets and performance metrics Underwrite individual submissions and conduct due diligence on products, business plan, historical performance, operations, deal structure, and management teams Build and maintain client relationships, monitoring performance and communicating RenaissanceRe's underwriting requirements and portfolio vision to MGAs and brokers Develop collaborative relationships with US and London brokers to cultivate opportunities for new, renewed, or expanded business Establish working knowledge of the Lloyds market structure Internal partnerships Collaborate with business and functional team members in an integrated global casualty organization to reinforce a consistent view of risk and provide seamless support to clients Collaborate with the actuarial team to analyze and construct portfolio structures to provide optimal solutions for our clients while managing our risk appropriately Actively engage with the proprietary models and tools supporting the casualty insurance business, contributing to continuous improvement and enhanced decision-making in portfolio selection, pricing and underwriting Support senior team members on existing deals within the portfolio Industry expertise Engage actively with industry developments and serve as an internal resource to inform on casualty insurance market trends Report on assigned lines of business portfolio Conduct client audits, attend client meetings, industry conferences and market events Continue to expand knowledge of casualty market and underwriting skills in casualty lines Candidate Qualifications 5+ years of relevant experience in insurance underwriting, ideally in casualty lines in a program, reinsurance, or direct environment An understanding of portfolio management related to program underwriting Innovative solutions-orientation, informed by strong analytical and decision-making skills Knowledge of global insurance and/or reinsurance markets, including products, distribution, competitors, contract or treaty structures, regulatory trends, external events, etc. Ability to work effectively with actuarial peers, understand actuarial concepts, and interpret model results Excellent communication and interpersonal skills and demonstrated ability to build and maintain strong relationships internally with team members and externally with clients and brokers Learning agility, comfort with fluidity, and change management skills to react positively and operate successfully in high growth and evolving environments Undergraduate degree 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 We believe that meeting these requirements will position you for success in the role. However, if you fulfill most - but not all - of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn. 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 full-time base salary range for this position is $140,000-$160,000 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 only 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.

ref: (JR1611) 11 days ago

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AVP, Underwriter - Casualty Insurance job in New York

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