Conduit

Vice President, European Treaty Reinsurance

at Allied World Assurance


*Job Summary*

Allied World Assurance Company, AG is looking for an experienced Property Underwriter to join our European Reinsurance Treaty Division based in our Zug office.

*Duties and Responsibilities*

· Underwrite new and renewal property treaty submissions in compliance with underwriting guidelines, systems and procedures.

· Meet regularly with clients and brokers (including required business travel) to discuss existing business, client service and potential areas of development.

· Set appropriate terms and conditions following the Company business strategy to quote and indicate on selected risks.

· Price and analyse coverage, structure and exposures for a variety of reinsurance products (Proportional and Non-Proportional).

· Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures.

· Responsible for pricing defined accounts via in-house modelling tools and working closely with actuarial pricing team.

· Liaise with Claims, Accounting, IT, Legal and other internal departments as required.

· Actively manage all aspects of a reinsurance portfolio including claims, trends, market issues and audits (where needed).

· Liaise with Claims department on any specific events and losses.

· Process contracts in the TIRS (reinsurance) underwriting system.

· Input and manage the Portal system and Public Folders, for the portfolio underwritten.

· Maintain files and underwriting records in accordance with procedure and ensure all information is saved and named properly.

· Stay current with respects to major Industry trends, issues and developments.

· Other ad hoc duties as assigned.