Reporting directly to the Chief Underwriting Officer, Bermuda, the successful incumbent will collaborate closely with the CUO to develop a profitable, durable and diversified portfolio of specialty reinsurance business as well as work with other team leads to identify mutually beneficial opportunities and ensure a coordinated and cohesive message to the market.
The Senior Underwriter will have day to day responsibility for managing the portfolio of business and is responsible for developing new business opportunities, evaluating the quality of potential treaty partners, pricing of the business, adherence to all underwriting standards and governance, risk monitoring/aggregation and contract wording evaluation and execution. For full role descriptions, please contact recruitment@psolutions.bm or 441-232-5270.Minimum of ten years of treaty underwriting and / or pricing experience
Actuarial qualification preferred, although not required
Strong technical knowledge of treaty pricing methodologies
Strong technical knowledge of a broad range of specialty classes with a clear understanding of the strategic landscape of each subclass
Established profile with global reinsurance brokers
Broad knowledge of insurance markets with strong technical underwriting expertise
Demonstrable track record of profitable transactions and generating business growth
Significant experience in similar previous underwriting roles
Prior responsibility/success for developing strategy
Ability to develop and critically apply pricing models for evaluating treaty opportunities
Maintain a "big picture" strategic view but roll up sleeves as needed to get things done
Deep knowledge of financial and strategic planning
Broad operational skills and experience in an underwriting environment including budgetary management, financial management, claims
Excellent verbal & written communication skills together with the ability to thrive in a matrix organization
Strong US & Bermuda broker relationships allied to the credibility to promote & represent the company at senior levels
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Please send your resume and cover letter with two recent references by May 16th, 2025, to: Performance Solutions Limited Suite 350, 11 Bermudiana Road, Pembroke HM08. Email: recruitment@psolutions.bm