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Senior Reinsurance Underwriting Analyst

Senior Reinsurance Underwriting Analyst

Location: Remote & NYC hybrid

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We are currently recruiting for a Senior Reinsurance Underwriting Analyst in New York City (Currently Remote transitioning to hybrid in future Midtown office). This role will provide account monitoring and analysis, process management and portfolio support. The Senior Reinsurance Underwriting Analyst will support the underwriting function on a technical and analytical level, including underwriting systems knowledge and data input, diary maintenance, contract wording review, system process management, and report creation. This position will report to the AVP, Reinsurance Underwriting Support and will interact with Business Unit Manager and Underwriting team, Underwriting Support Manager, Reinsurance Accounting, Actuarial and Legal. 100K – 120k Base + Bonus + Benefits Package

Responsibilities:

  • Underwriting system support including interpreting and analyzing deal for independent data input into system application
  • Manage programs for underwriting manager and team by creating reports within the application or separate reporting tool
  • Provide system/process improvement through feedback and suggestions
  • Underwriting technical support and analysis to Underwriting Team
  • Provide all initial and key preparation for renewal, including collecting prior year’s data and any accounting issues. Enter new business into system and set up program with applicable data
  • Quarterly account monitoring – experience, overdue accounts, cash receipts and tracking of all adjustments related to the contracts
  • Ensure all documentation is filed within application to support final contract terms
  • Slip/Contract Renewal Comparison, review for deal accuracy, diary system for slip/wording receipt and diary system for renewal submission receipt
  • Create and maintain Portfolio management reports for Business Unit Manager
  • Assist Business Unit Manager with research for marketing, and miscellaneous related projects and management objectives
  • Underwriting Reports - Creation and maintenance of reports for product specific tracking & control Mentoring/Development
  • Attend periodic Support team meetings held by Underwriting Support Manager and provide Process improvements suggestions
  • Provide underwriting support for projects: systems UAT testing, when required, assist Underwriters and Manager with research on prospects, industry issues, financial analysis

Requirements:

  • College Degree or related equivalent work experience
  • Minimum 5 years reinsurance industry experience working at a Broker placing reinsurance, Reinsurance Company or Ceded department of Primary Company
  • Knowledge of Reinsurance Contract Wording skills is a must
  • Strong computer skills required including Excel & Power BI reporting skills desired
  • Must be able to create and run reports specifically utilizing Excel with Pivot table

Local candidates in NYC area (currently remote & future hybrid in Midtown office). No relocation. No sponsorship.

100K – 120k Base + Bonus + Benefits Package

To apply email resume to porecchio@bellwetherstaffing.com