What are the responsibilities and job description for the Senior Surety Underwriter position at TransRe?
We have the following job opportunity in our Miami, FL office:
Description
The Senior Surety Underwriter will assist the team in managing a crucial book of surety business in the Latin American region within the global underwriting function. Responsibilities will include, but not be limited to:
- Assisting in management of the existing surety portfolio segment in Latin America
- Conducting the renewal, monitoring and development of the portfolio
- Marketing with our brokers and clients during industry conferences
- Conducting client visits and performing related underwriting reviews
- Analyzing all surety treaty and facultative offers
- Reviewing and underwriting client special acceptance submissions
- Liaising and collaborating with other team leaders & product heads in New York (US Domestic) and Europe, providing quarterly reporting on market conditions, overall profitability of the portfolio and working closely with claims and actuarial teams
- Accumulating aggregate control by principal, by cedent, by country and by underwriting year
- Tracking exposure across principals and across other group units to ensure exposure is within tolerance levels
Requirements
- 10 years of primary surety underwriting experience in the Latin American market
Oral and Written fluency in both English and Spanish
- Exposure to guaranty related products (trade credit & political risk, mortgage risk) a plus
- Excellent communication and marketing skills (both oral & written) with client focus
- Strong financial and / or economic background / education, proficient in financial analytics: ability to analyse financial statements (balance sheet / income statements / cash flows) provided by our brokers and clients
- Travel up to 30% of the time to include client / broker visits and attending industry conferences
- Strong knowledge of Excel, Power Point, MS Teams
Work Schedule
TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives. This position is eligible for a hybrid work schedule with 3 days in the office per week, with the remainder of the week remote.