Underwriting Assistant
Apply NowCompany: MS Reinsurance
Location: New York, NY 10025
Description:
About MS Reinsurance
MS Reinsurance is a global reinsurer domiciled in Switzerland. With underwriting offices in Zurich, Bermuda, Miami and New York, MS Reinsurance provides best-in-class reinsurance products and services to clients around the world. As part of the world-leading insurance group MS&AD, MS Reinsurance is a trusted, long-term partner, helping clients turn risks into opportunities through deep technical expertise and bespoke reinsurance solutions.
About the role
The primary purpose of the role is to be a junior member of the Regional Underwriting Team and support underwriting a portfolio of business in accordance with the business plan and the guidelines determined by the MS Amlin AG Board.
Your responsibilities
Your profile
What we offer
We offer a modern workplace, an entrepreneurial culture with room for innovation and a hybrid work model. Collaboration, Empowerment and Responsibilities are key values we live on a day-to-day basis. You will be part of a hands-on culture where you really can make an impact. We place mutual trust at the forefront of our collaboration and path to growth.
Salary Range $67,000 - $100,000
Application
Please apply directly via our Career Website
MS Reinsurance is the market-facing brand of the risk carrying legal entity MS Amlin AG, a global reinsurer domiciled in Switzerland and operating in Bermuda as MS Amlin AG, Bermuda Branch, in the United States through MS Amlin Reinsurance Managers, Inc, and in Labuan, Malaysia as MS Amlin Labuan Limited.
MS Reinsurance is a global reinsurer domiciled in Switzerland. With underwriting offices in Zurich, Bermuda, Miami and New York, MS Reinsurance provides best-in-class reinsurance products and services to clients around the world. As part of the world-leading insurance group MS&AD, MS Reinsurance is a trusted, long-term partner, helping clients turn risks into opportunities through deep technical expertise and bespoke reinsurance solutions.
About the role
The primary purpose of the role is to be a junior member of the Regional Underwriting Team and support underwriting a portfolio of business in accordance with the business plan and the guidelines determined by the MS Amlin AG Board.
Your responsibilities
- Assist the Senior Underwriters in underwriting, analyzing, quoting, servicing and processing business within the relevant portfolios in accordance with the business plan and MS underwriting procedures and guidelines.
- Initial analysis of underwriting submissions and preparation of rating sheets on behalf of the Senior Underwriters
- Assist with full account analysis - technical rating, submission review, catastrophe model output review, slip terms and conditions review.
- Communication with brokers throughout the underwriting process at the Senior Underwriters direction.
- Production of system-generated management information reports as required by the Senior Underwriters by the Operations and Underwriting Manager.
- Involvement in the RDS and aggregation processes and in reserving and business planning as required.
- Assist in the management of all inward submissions and email correspondence in conjunction with the Technical Support team Underwriters.
- Assist with data entry and other daily administrative support as required.
- Attendance and participation at regular Underwriting Department meetings.
- Attendance and participation at broker and client meetings with the Senior Underwriters as invited and/or as required.
- Assistance with special projects as required.
Your profile
- Bachelor's degree in risk management, Actuarial Science or other Finance related field required.
- Possession of or progression towards an industry related certification (i.e. CPCU, ARe, ACAS) is preferred, but not required.
- 0 - 5 years of underwriting, actuarial or related industry experience.
- Strong insurance / reinsurance knowledge.
- Knowledge of and experience with catastrophe model outputs and technical pricing methodologies including, experience and exposure rating preferred, but not required
- Strong analytical, problem solving and critical thinking skills.
- Strong proficiency in Microsoft Suite of applications with advanced skills in Excel and Management Information Reporting.
- Meticulous organizational skills and the ability to pay attention to detail and multi-task.
- Well-developed business and social skills and capabilities for strengthening client / broker relationships.
- Excellent oral and written communication skills coupled with strong negotiation skills.
- Must be willing to travel and work extended hours where appropriate.
What we offer
We offer a modern workplace, an entrepreneurial culture with room for innovation and a hybrid work model. Collaboration, Empowerment and Responsibilities are key values we live on a day-to-day basis. You will be part of a hands-on culture where you really can make an impact. We place mutual trust at the forefront of our collaboration and path to growth.
Salary Range $67,000 - $100,000
Application
Please apply directly via our Career Website
MS Reinsurance is the market-facing brand of the risk carrying legal entity MS Amlin AG, a global reinsurer domiciled in Switzerland and operating in Bermuda as MS Amlin AG, Bermuda Branch, in the United States through MS Amlin Reinsurance Managers, Inc, and in Labuan, Malaysia as MS Amlin Labuan Limited.