Organize submission intake.
Work closely with the underwriting team to gather necessary information and assess risk factors.
Collaborate with senior underwriters to evaluate and assess risks.
Conduct due diligence and research as necessary.
Collaborate with the actuarial team to draft comprehensive transaction memos for reinsurance transactions.
Summarize key information, risks, and recommended actions for decision-making.
Assist in the review of contracts and trust agreements related to reinsurance transactions.
Provide support in operations, surveillance, and claims processes as needed.
Help cultivate and maintain certain relationships with brokers and cedants to enhance business partnerships.
Support the initial screening and underwriting process for new transactions.
Collaborate with relevant teams to address and resolve issues in a timely manner.
Contribute to research initiatives aimed at identifying new lines of business.
Stay updated on industry trends and provide insights to enhance business strategies.

Bachelor's degree in relevant fields such as Finance, Business Administration, Actuarial Science or Risk Management.
Minimum of 3 years of experience in underwriting, operations, actuarial, or other related fields.
Experience within insurance or reinsurance is preferred.
Proficiency in Microsoft Office Suite, particularly Excel, Word, and PowerPoint.
Strong analytical skills with the ability to evaluate complex data and make informed decisions.
Knowledge of underwriting principles and practices, including risk assessment and pricing methodologies.
Familiarity with contract review and trust agreements related to reinsurance transactions a plus.
Excellent communication skills, both verbal and written, with the ability to articulate complex concepts clearly and concisely.
Strong interpersonal skills and the ability to collaborate effectively with cross-functional teams.
Ability to prioritize tasks, manage time efficiently, and work effectively in a fast-paced environment.
Adaptability and willingness to learn, with a proactive approach to professional development.
A curious and highly analytical mindset to effectively support risk assessment and risk underwriting.

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package.
Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.
Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability.
All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.
Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

Reinsurance Underwriting Associate

Key skills