Accident & Health Reinsurance Underwriter

Odyssey Reinsurance Company Stamford , CT 06901

Posted 3 months ago

We are committed to developing future leaders of our organization and are seeking candidates with 3-5 years of experience in Accident and Health insurance who are interested in establishing, or continuing to develop, a reinsurance underwriting career.

OPPORTUNITY: Accident & Health Reinsurance Underwriter

Essential Duties:

  • Analyze the profitability of treaty reinsurance submissions

  • Develop pricing indications using sound analytical/actuarial principles and methodologies

  • Price alternative structures as needed

  • Analyze financial statements and ratios used in risk analysis

  • Quantify risks based on experience history and forecasting methods

  • Identify risk exposures, special or common hazards, and appropriate controls

  • Determine terms and conditions and complex rating plans

  • Maintain familiarity with insurance industry developments impacting pricing analysis

  • As appropriate, update pricing models parameters, including trends, increased limit factors, and development data using all available information

  • Provide price-monitoring information on bound accounts for subsequent loss reserve analysis

  • Analyze claims and quantifies losses

Job Requirements:

  • Minimum 3-5 years in the insurance industry, specifically in Accident & Health

  • In-depth knowledge of multiple lines of Accident and Health business including reinsurance pricing issues, coverage issues, and external factors that would affect profitability

  • Ability to comprehend complex reinsurance submissions and reach sound conclusions with all information available

  • Strong mathematical (preferably actuarial) and analytical skills with a strong proficiency in Microsoft Excel

  • Clear, precise, effective communication

  • Exercise discretion and independent judgment

  • Ability to travel

  • Proficiency in VBA preferred

  • Preferably working towards ASA or FSA designation

Education:

  • Bachelor degree in mathematics or similar field

About OdysseyRe:

OdysseyRe offers a broad range of property, casualty, and specialty reinsurance solutions through a network of 14 branch and representative offices around the world. Reinsurance is primarily underwritten by Odyssey Reinsurance Company, with Odyssey Re Europe S.A. available under specific circumstances. OdysseyRe is the reinsurance arm of the Odyssey Group, a global (re)insurance enterprise wholly-owned by Fairfax Financial Holdings Limited.


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Accident & Health Reinsurance Underwriter

Odyssey Reinsurance Company