Reinsurance Treaty Underwriter

Position Compensation Range:

Pay Rate Type:

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

The Reinsurance Treaty Underwriter is responsible for assisting underwriters in the day-to-day management of accounts with increasing levels of responsibility for the assumed reinsurance discipline within the reinsurance division of American Family Insurance. You will develop strong working knowledge of departmental procedures and guidelines as well as solid understanding of personal auto reinsurance concepts, practices, and principles by attaining the Associate in Reinsurance designation (ARE). You will assist underwriters and department leadership as needed/directed in the underwriting process and analysis of new and existing treaty reinsurance business. You will prepare monthly and quarterly results reports in support of monitoring individual program profitability and financial reporting. You will report to the Director, Underwriting & Account Development.

If located within 50 miles of one of our core locations (35 miles in Boston), you will be expected to work a minimum of 10 days per month from one of the following office locations: Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034.

Most client activity takes place in Texas and Southeastern US.

Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.

• You will assist underwriters in the management of individual reinsurance programs to include profitability and competitive analysis through preparation and review of various in-house reports as well as client provided.
• You will partner with underwriters on evaluation of new business and renewal submissions.
• You will gain familiarity with reinsurance contract language common to the industry through review of existing and proposed renewal contracts.
• You will gain familiarity with reinsurance pricing methods to understand how it may or may not reflect current or prospective operations, thus requiring an underwriting adjustment.
• You will participate in client meetings, audits, and conferences as scheduled, both virtual and in person as circumstances dictate.
• You will serve as liaison with business partners (internal and external) for various logistical, project related and follow-up items.
• You will develop relationships with a range of brokers, carriers and managing general agents to deliver a high standard of customer driven service.
• You may be required to complete other assignments or participate in projects based upon skills, achievements, or experience.

Specialized Knowledge, Skills, and Education Requirements

• Reinsurance underwriting experience strongly preferred
• Experience driving independent agent performance
• Demonstrated experience providing customer-driven solutions, support or service.
• Solid working knowledge of Microsoft Office, primarily Word and Excel.
• Customer oriented - ability to communicate and work well with external clients.
• Solid knowledge and understanding of reinsurance industry, underwriting standards, and competitive practices.
• Solid knowledge and understanding of profitability, growth, and risk concepts.
• Solid knowledge and understanding of financial and statistical analysis techniques.
• Willingness and ability to travel roughly 25%

#LI-Remote

• Offer to selected candidate will be made contingent on the results of applicable background checks

• Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions

• Sponsorship will not be considered for this position unless specified in the posting

We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.