Associate Reinsurance Underwriter

Are you looking for more than just a job? Do you want to have a voice and feel a sense of belonging? At ICW Group, we hire innovative people who consistently adapt, grow and deliver. We believe in hard work, a fun work environment, and embracing creativity that only comes about when talented people collaborate to develop solutions. Our mission is to create the best insurance experience possible.
 

Headquartered in San Diego with regional offices located throughout the United States, ICW Group has been named for seven consecutive years as a Top 50 performing P&C company offering the stability of a large, profitable and growing company combined with a small-company entrepreneurial spirit. Our purpose-driven ethos provides team members with opportunities to contribute, develop, and belong. 

WHAT YOU WILL DO

Supports the Underwriters through analysis of underwriting, pricing, and analytics

• Works closely with and shadows executive underwriters to learn all facets of reinsurance underwriting.
• Works closely with all other disciplines including actuarial, claims, accounting, and legal to strengthen skill sets and develop relationships.
• Gains knowledge and understanding of reinsurance underwriting and assumes limited underwriting responsibilities.
• Develops deep understanding of reinsurance products and contract language and their impact to reinsurance underwriting decisions.
• Under supervision, begins to produce and underwrite profitable business opportunities according to the ICW’s business plan.
• Conducts research and in-depth technical analyses in the areas of underwriting, pricing, and analytics to identify problems and recommend solutions to stakeholders. 
• Utilizes actuarial techniques to discover patterns, insights, and trends in data and makes recommendations to improve the end product in order to achieve shared objectives.
• Collects, aggregates, and analyzes data from multiple internal and external sources that impacts reinsurance contracts. 
• Designs, builds, and tracks exposure and aggregations, data quality, and modeled loss estimates.
• Participates in actuarial pricing of accounts.

Provides reports and strategic analyses to management regarding treaty and portfolio risk. 

• Creates monthly and ad-hoc reports for management regarding the current risk portfolio.
• Assesses the risk of original policies and evaluates impact to reinsurance portfolios.
• Reviews reinsurance treaties to verify that required clauses are included and all risks are properly priced.
• Analyzes underwriting workflow, seeks enhancements and makes recommendations for improved efficiency.
• Maintains and contributes to underwriting guidelines to mitigate risk. 

Provides account management assistance to executive underwriters. 

• Processes assumed reinsurance contracts including data input into various contract management systems and ensures accuracy and validity of data.
• Participates in team underwriting …