Job Description
About MS Reinsurance
MS Reinsurance is a global reinsurer based in Switzerland, with underwriting offices in Zurich, Bermuda, Miami, and New York. We offer top-notch reinsurance products and services to clients around the globe. As part of the leading insurance group MS&AD, we strive to be a trusted partner, helping clients transform risks into opportunities through specialized reinsurance solutions and expert guidance.
About the role
The primary purpose of the role is to help the Underwriting Team in underwriting a portfolio of business in accordance with the business plan and the guidelines determined by the MS Amlin AG Board.
Your Responsibilities
- Assist the Underwriters and Assistant Underwriters in underwriting, analysing, quoting, servicing and processing business within the relevant portfolios in accordance with the business plan and MS Amlin Bermuda’s underwriting procedures and guidelines.
- Initial analysis of underwriting submissions and preparation of rating sheets on behalf of the Underwriters and Assistant Underwriters.
- Assist with full account analysis - technical rating, submission review, catastrophe model output review, slip terms and conditions review.
- Communication with both brokers and clients throughout the underwriting process.
- Production of system-generated management information reports as required by the Underwriters, Assistant Underwriters or by the Operations and Underwriting Manager.
- Involvement in the RDS and aggregation processes and in reserving and business planning as required.
- Assist in the management of all inward submissions and email correspondence in conjunction with the Technical Support team, Underwriters and Assistant Underwriters.
- Assist with data entry and other daily administrative support as required.
- Attendance and participation at regular Underwriting Department meetings.
- Attendance and participation at broker and client meetings with the Underwriters and Assistant Underwriters as invited and/or as required.
- Assistance with special projects as required.
Your Profile
- 1-3 years' experience in a similar role. Preference given to candidates with experience in re/insurance industry.
- Bachelor’s degree is preferred but not required.
- Possession of or progression towards an industry related certification (i.e. ACII or CPCU) is preferred but not required.
- Aptitude for learning Reinsurance (i.e. premium, deductible, retention, limit, loss ratio, expense ratio).
- Strong proficiency in Microsoft Suite of applications with advanced skills in Excel.
- Meticulous organizational skills and the ability to pay attention to detail and multi-task.
- Excellent problem-solving skills and critical thinking skills.
- Well-developed business and social skills and team working capabilities.
- Excellent oral and written communication skills.
- Must be willing to travel and work extended hours when appropriate.
Why Work with Us
Make your mark with us. At MS Reinsurance, we’re big enough to make a difference and small enough that everyone counts.
We offer an entrepreneurial culture, where there’s less hierarchy and more action, and room for innovation. Here, you’ll have the power to drive real change and shape our path ahead.
Join a place where ambition can become reality, with development and platforms that support where you want to go next. Together, we'll help you discover your potential as we expand ours.
We live day-to-day by our values: collaborative, progressive, empowering, and responsible. This means you’ll join a team which upholds mutual trust and treats each other with respect. While teamwork is at the heart of our approach to reinsurance, we don’t expect our team to think alike; at MS Re, we don’t just welcome your differences, we believe they’re essential to our success.
Does this sound like a culture you want to be part of? Find out more about what we offer on our website and apply today!
In case of questions, please contact us via email: [email protected]
MS Reinsurance is the market-facing brand of the risk carrying legal entity MS Amlin AG, a global reinsurer domiciled in Switzerland and operating in Bermuda as MS Amlin AG, Bermuda Branch, in the United States through MS Amlin Reinsurance Managers, Inc, and in Labuan, Malaysia as MS Amlin AG, Labuan Branch.
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