Arbeiten bei der Gen Re

Back to Open Positions

Casualty Facultative Underwriter

Shape Your Future With Us

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. It owns General Reinsurance Corporation and General Reinsurance AG, which 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.

General Reinsurance, London Branch (a subsidiary of General Reinsurance AG) has an excellent opportunity for a Casualty Facultative Underwriter in our London office.

Your Role

  • You will be responsible for the marketing and underwriting of facultative business; soliciting new business opportunities and handling renewal accounts, transacting the fac product on a direct (non-broker) basis.
  • You will have a growing knowledge of the UK and London Market.
  • As a direct underwriter you will enjoy being out in the market, educating potential clients on our product and developing a strong pipeline of profitable growth opportunities and contacts.
  • Your performance will be evaluated based on what was accomplished and how it was achieved such as premium written, number of quotations issued, price adequacy, client management and teamwork.
  • You will be required to demonstrate solid technical underwriting skills in at least one of General Liability, Financial Lines or a Specialty Lines class of business. Current or previous UK Motor or US market experience will be an advantage.
  • You will be responsible for understanding and applying Casualty Facultative underwriting philosophy, appetite and guidelines.
  • Analyzing and documenting risk exposures and coverages and assessing the technical insurability and profitability of new and renewal submissions.
  • Underwriting, pricing, structuring and negotiating facultative individual risk or bundled reinsurance schemes, programs or delegated authority arrangements.

Your Profile

  • A proven track record of successful underwriting in Third Party Liability lines of business.
  • Strong technical underwriting background and customer focus mindset.
  • Proficiency in understanding contracts, policy forms and terms and conditions.
  • Experience with technical rates along with the ability to provide an external view.
  • Successful track record in building / growing a sustainable portfolio.
  • Strong numerical, research and analytical skills.
  • Well-developed interpersonal, negotiation and communication skills with the capacity to work effectively in a collaborative team environment.
  • Self-starter, with an ability and willingness to take the initiative.
  • Strong organizational and time management skills.
  • High degree of energy / tenacity and a motivation to develop a deeper understanding of a broad range of liability products.
  • Strong Microsoft Office skills.

Does this sound exciting?

Please submit your CV and cover letter to careerslondon@genre.com. In your cover letter please let us know what interests you about the role and how your experience will make you a strong candidate for this position.

Closing date: 31 July 2021

Please note, only successful candidates will be contacted.

Contact:

Human Resources
careerslondon@genre.com

Our Address

London Branch
Corn Exchange
55 Mark Lane
London, EC3R 7NE (UK)

Print this Job Position

Apply for a Position

* Required Fields