Primary Details

Time Type: Full time

Worker Type: Employee

Lead Treaty Underwriter-Casualty

The Opportunity

Execute underwriting of US Casualty treaty reinsurance business by leading business development, growth activities, and profitability of assigned portfolio. Apply sound decision-making to underwrite a mix of Casualty treaty business that contributes to a diverse profitable Casualty portfolio. Responsibilities include new business production, renewal retention and the overall profitability of assigned portfolio.

• Location: New York City, NY

• Work Arrangement: Hybrid (2-3 days in the office)

• The salary range for this role is between $135,000 - $203,000 depending on experience

Your new role

• Utilize Casualty insurance and reinsurance subject matter expertise to underwrite treaty reinsurance risks within assigned area of responsibility by analyzing existing and new submissions, reviewing company financials, loss, and exposure history to determine underwriting acceptability

• Underwrite Casualty treaty reinsurance risks in accordance with the business plan and the personal authority to meet business objectives including negotiating rates, terms and conditions for existing and new business, managing production, review and issuance of contract documentation, and ensuring compliance with internal and external regulations and guidelines.

• Participate in the review and analysis of the Casualty treaty portfolio to identify progress toward business objectives.

• Research and obtain market intelligence in order to enhance organizational profit goals.

• Comply with all legal and regulatory requirements to ensure obligations are met.

• Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency.

• Contribute to recording and measurement of insurance risks to ensure accuracy and good practice.

• Understand and comply with any reinsurance requirements to minimize risk and to deliver business plan objectives.

• Establish and maintain relationships with brokers and cedants to understand their needs and provide products that respond to their needs.

• Foster strong partnerships with cedants by informing them on new products and programs, communicating opportunities for continuous improvement and clarifying and explaining underwriting decisions.

• Keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately​.

• Attend and participate in underwriting audits and presentations for new and renewal treaties.

• Contribute to assigned special projects by assisting with accounting reviews, account peer reviews and participating in department product and process improvement initiatives.

• Contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value “can do” people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun.

• Adopt QBE values in personal work behaviors, decision-making, contributions and interpersonal interactions; mage own career development by soliciting feedback and valuing other perspectives

Work Experience:

Necessary Work Experience includes:

• 5 years relevant experience in Casualty insurance/reinsurance

Qualifications:

Necessary Qualifications include:

• Bachelor's Degree or equivalent combination of education and work experience

• Proficiency in Excel, Power Point, Word, and other Microsoft Office products.

Preferred Competencies/Skills:

• Knowledge and understanding of General Liability, Commercial Auto and Umbrella Liability coverage.

• Familiarity with Treaty Contract language.

• General familiarity with Casualty rating and/or actuarial principles.

• Progression toward or receipt of professional designations including CPCU, ARe, or any actuarial exams.

Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate’s professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.

QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:

• Hybrid Working – a mix of working from home and in the office

• 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis

• Competitive 401(k) program with company match up to 8%

• Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice

• Tuition Reimbursement for professional certifications, and continuing education

• Employee Network and Community – QBE actively supports six Employee Networks, and many ways to give back to your community

To learn more, click here: Benefits | QBE US.

Why QBE?  What if you could have a positive impact – at work and in the world?

At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the center of our success.

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And our international scale means we’re big enough for your ambitions, yet small enough for you to make a real impact.

Join us now, so you can be part of our success – and we can be part of yours!

https://www.linkedin.com/company/qbe-north-america/

Commitment to Diversity  

QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.  

Equal Employment Opportunity: 

QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status. 

Supplementary information 

Skills:

Business Management, Collaboration Tools, Commercial Acumen, Communication, Critical Thinking, Decision Making, Detail-Oriented, Financial Advising, Insurance Underwriting, Intentional collaboration, Managing performance, Portfolio Management, Regulatory Compliance, Risk Management, Stakeholder Management

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.