Allied World Assurance
Allied World Assurance is a global provider of insurance and reinsurance solutions.
- Open roles
- 64
Job facts
- Location
- CH-CH-Zurich
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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.