Senior Underwriter Casualty Treaty - Reinsurance

Senior Underwriter Casualty Treaty - Reinsurance

Zurich, Switzerland

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AXA XL Reinsurance is among the world's leading reinsurers, offering a comprehensive product range across Property, Casualty and Specialty reinsurance. In Reinsurance we are looking for a person to join a market leading and very successful team in the area of Casualty.

Over the years the team has created a significant and profitable book of casualty business for the Reinsurance arm of AXA XL. The Zurich team is well integrated within the International Casualty product and the 8 strong team (including the actuaries) are responsible for maintaining and further growing this book from Continental Europe. We now need additional underwriting strength to further embed our relevance to AXA XL's client base, which ranges from the globals to regional mono-line insurance companies.

The main task is to support and grow our client base all across Europe and to underpin the growth and quality of the overall global casualty portfolio. The role holder will possess the necessary technical knowledge plus get training on our pricing tools, perform challenging and meaningful tasks, and develop valuable business negotiation and sales skills for a rewarding career in reinsurance.

We offer an excellent environment in a very professional team, and involvement in many different transactions that we analyse. The team is centralised in Zurich and travels continually which gives exposure to diverse countries, cultures and languages.

You will report to the Head of Zurich Casualty team.

What will your essential responsibilities include?

• Source, price, manage and service opportunities within the frame of the overall business strategy. Build and maintain relations with brokers, clients and AXA XL Re’s international offices / stakeholders to maximise underwriting opportunities
• Underwrite Casualty Treaty reinsurance business, exercising independent judgment based on a comprehensive knowledge of terms and conditions and coverage intent
• Articulate underwriting and pricing rationale, express detailed opinion about a given transaction
• Develop new and existing business in accordance with the business plan. Thereby, work as part of the regional team consisting of other underwriters and market managers. Some flexibility of territorial responsibility exists for the right candidate
• Contribute to technical discussions for other regions within International Re, for example in Asia
• Analyse and prepare client and exposure data, apply and use pricing tools, provide and structure the necessary information for peer reviews and committee referrals
• Contribute to business planning and portfolio performance analysis. Support implementation of business development activities and ad hoc project work including, but not limited to: portfolio optimisation, identification of key brokers and markets, action plans from marketing activities
• Ensure that all information is entered on the respective underwriting, pricing, exposure and data storage systems and is kept up-to-date and accurate. Comply with external and internal regulatory and statutory policies, procedures and regulations
• Prompt processing of slips and wordings, monitoring and assisting with the chasing of premium and claims to facilitate effective cash flow management
• Ad hoc research, project work and preparation of underwriting files for Management enabling them to make informed underwriting decisions
• Operate as an effective team member by supporting colleagues and contributing to the delivery and achievement of overall business objectives
• You will be expected to undertake professional studies where these are not already held commensurate with the roles and responsibilities.

We’re looking for someone who has these abilities and skills:

Required

Skills and Abilities:

• Experience in casualty reinsurance underwriting, ideally in continental Europe. Candidates with experience and contacts in other territories will be actively considered, as will long-tail…