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Position: Senior Underwriter for Complex Reinsurance Solutions
Institution: New Reinsurance Company Ltd.
Location: Zürich, Switzerland
Duties: Pricing and modelling of complex of European treaty reinsurance business with focus on continental Europe. Driving and supporting business origination activities and projects to generate new Complex Solutions business. Liaising with brokers and clients as needed on pricing/modelling related topics. Actively contributing to the P&C pricing and steering committee. Initiating and conducting post binding pricing reviews
Requirements: Actuarial background and/or University degree in Mathematics/Statistics/Engineering or similar. At least 5 years of experience in the insurance/reinsurance sector. Work experience in statistics and probabilistic modelling. Advanced user of Excel, Access and SQL and knowledge of cat modelling tools (e.g. RMS, AIR, EQE WCE). In-depth knowledge of statistics and probabilistic modelling and knowledge of financial market products desirable. Strong team player with good communication skills. Proactive and innovative in solving problems. Flexible, reliable and able to negotiate and structure reinsurance solutions independently with clients. Strong English language skills (additional languages such as German would be a plus)
   
Text: Senior Underwriter for Complex Reinsurance Solutions New Reinsurance Company Ltd. (NewRe) is a Swiss reinsurer, founded in Zurich in 1926. In 1988, NewRe became part of Munich Re Group. What makes NewRe a preferred reinsurer is our determination to find appropriate reinsurance solutions for our clients, coupled with thorough market know-how and swift response times. We are now seeking to strengthen the Property Underwriting team with an experienced and technically oriented Underwriter to take responsibility for origination and maintenance of Complex Reinsurance Solutions in Continental European markets and together with the pricing experts ensure a consistent pricing approach across the Property portfolio. Place of work Zürich Your responsibilities Pricing and modelling of complex of European treaty reinsurance business with focus on continental Europe Driving and supporting business origination activities and projects to generate new Complex Solutions business Liaising with brokers and clients as needed on pricing/modelling related topics Actively contributing to the P&C pricing and steering committee Initiating and conducting post binding pricing reviews Performing internal validations for underwriting and portfolio management Developing and improving pricing methodologies and instructions Participating in Group-wide pricing / Underwriting tool projects Providing actuarial input for the risk management and reserving processes Your profile Actuarial background and/or University degree in Mathematics/Statistics/Engineering or similar At least 5 years of experience in the insurance/reinsurance sector Work experience in statistics and probabilistic modelling Advanced user of Excel, Access and SQL and knowledge of cat modelling tools (e.g. RMS, AIR, EQE WCE) In-depth knowledge of statistics and probabilistic modelling and knowledge of financial market products desirable Strong team player with good communication skills Proactive and innovative in solving problems Flexible, reliable and able to negotiate and structure reinsurance solutions independently with clients Strong English language skills (additional languages such as German would be a plus) Our common benefits NewRe stands for intelligent reinsurance solutions. We serve our clients responsively - with open minds and a refreshing attitude. Our employees are our key asset. We love challenges and flexibly bundle our skills, experience and personalities to deliver outstanding results. Being part of the Munich Re Group, the leading international risk carrier in the field of reinsurance, we combine financial strength with the efficiency and creativity of a medium-sized reinsurer. Excellent opportunities providing you with the scope to realise your full potential await. We look forward to receiving your application, which you should send to: New Reinsurance Company Ltd., Hansruedi Nohl, Human Resources, Zollikerstrasse 226, CH-8008 Zurich, 41 58 2266 212, hnohl@newre.com.
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