General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re.
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of more than 40 offices, we have earned superior financial strength ratings from each of the major rating agencies.
Gen Re currently offers an excellent opportunity for a Casualty Facultative reinsurance Underwriter Trainee in our Toronto office.
Gen Re provides Underwriter Trainees with a high level of authority, productivity and empowerment early in their career. Initially, training is provided with an intensive program called “Jump School.” Our mentoring program also provides Underwriter Trainees the opportunity to manage a book of business.
All work is completed within teams; working effectively in a team environment is paramount. Successful candidates will possess a positive attitude, accept responsibility and accountability, technical aptitude, diverse interpersonal skills, ability to lead and are self-motivated.
As an Underwriter, this position offers a continuing variety of tasks. Underwriters work with our clients (i.e., insurance companies) in assessing individual risk and related volatility, by utilizing data research and rating models. Underwriters are responsible for understanding basic and standardized contracts and policy forms, negotiate the transfer of risk, pricing directly with the client. Underwriters are provided the opportunity to travel and meet face-to-face with clients.
On the marketing or sales side, Underwriters strive to build lasting relationships with their clients. Marketing efforts include a variety of touch points, including client entertainment, industry events, meetings/presentations, and written communication.
Responsibilities continue to grow and evolve throughout one’s career at Gen Re. Our employees enjoy a strong work/life balance, flexibility, quality work environment, comprehensive benefits and a competitive compensation structure. We are continually committed to strengthening our employee’s professional skills, expand industry knowledge and personal growth.
1 First Canadian Place Suite 5705
PO Box 471
Toronto, ON M5X 1E4 (Canada)