PRIIdac Non-Life Insurance Junior Underwriter

As a PRIIdac Non-Life Insurance Junior Underwriter at PartnerRe, your main responsibilities involve underwriting new and existing non-life business submissions, following efficient processes to handle queries from broker partners, and collaborating with business experts to adhere to underwriting and legal criteria. You'll also support the Underwriting Manager with regulatory reporting and manage relationships with terror pools and existing brokers, ensuring adherence to our SLAs.

To qualify for the PRIIdac Non-Life Insurance Junior Underwriter role at PartnerRe, candidates should have a minimum Insurance Institute of Ireland (III) Certificate in Professionalism (CIP) or an APA qualification while pursuing their CIP. Additionally, strong attention to detail, communication skills, and a working knowledge of underwriting various property and energy classes are preferred.

Success as a PRIIdac Non-Life Insurance Junior Underwriter at PartnerRe hinges on several key skills. These include robust data interpretation abilities, excellent communication and relationship management skills, and proficiency in IT, particularly with MS Office products. A challenger mindset, adaptive resilience, and the capacity to work within a team environment are also vital to thrive in this role.

PartnerRe is dedicated to advancing your career as a PRIIdac Non-Life Insurance Junior Underwriter by offering a supportive environment that encourages growth and development. You’ll have opportunities to learn from experts, participate in professional training, and take on diverse responsibilities that will broaden your skillset and prepare you for future advancements within the company.

The work culture at PartnerRe for a PRIIdac Non-Life Insurance Junior Underwriter is all about collaboration, respect, and integrity. The company fosters a global mindset where every team member contributes to collective success, allowing for meaningful interactions across diverse backgrounds. You’ll feel welcomed and empowered to perform at your best, making a significant impact in a flexible and supportive atmosphere.

When answering this question, highlight any previous experience you have with non-life insurance underwriting. Discuss specific classes of business you've worked on, your understanding of regulatory requirements, and any metrics or achievements that showcase your ability to handle underwriting efficiently.

Talk about your strategy for managing time and prioritizing tasks effectively. You can reference techniques like using tools for tracking submissions, setting deadlines, and collaborating with team members to ensure that SLAs are met without compromising quality.

In your response, discuss the various factors you take into account such as historical data, market trends, legal requirements, and the client's financial stability. Be sure to emphasize the importance of critical thinking and data analysis in making informed underwriting decisions.

Use this opportunity to share a specific instance where you faced a complex underwriting decision. Explain the challenges you encountered, how you approached the situation, and what the outcome was. Highlight your problem-solving skills and ability to adapt under pressure.

Describe your process for adhering to underwriting authority levels by referencing diligence in following company policies, regulatory standards, and seeking guidance when necessary. Discuss the importance of communication with management and business experts to maintain compliance.

Emphasize the significance of teamwork in underwriting and explain how collaborating with internal specialists and external partners is crucial for successful submissions. Provide examples of how effective communication and relationship-building have positively impacted prior underwriting experiences.

Address how you manage stress and prioritize effectively during times of tight deadlines. Mention specific strategies such as breaking tasks into manageable parts, delegating when appropriate, and maintaining open lines of communication with your team to ensure deadlines are met without sacrificing quality.

Share what drives you to succeed in the underwriting field. Whether it’s the thrill of analyzing risks, helping clients, or contributing to a broader mission, provide specific examples that reflect your passion and dedication to the work and how this aligns with PartnerRe's values.

Discuss your methods for keeping informed about the insurance industry, such as attending workshops, participating in webinars, reading industry publications, or following influential authors and analysts. Highlight the importance of continuous learning and adapting to new developments in underwriting.

Outline your strategy for establishing rapport with brokers and clients, focusing on active listening, open communication, and understanding their needs. Provide examples of how you have successfully built and maintained relationships that facilitated smoother underwriting processes.