Senior Underwriting Specialist (Reinsurance)

1. Financial background capable of preparing budget projections for all ceded re costs each year and managing collateralization requirements, including commutation, rollover and strategic deployment of capital.
2. Excel-based modeling for strategic uses of capital
3. Firm understanding of FM Global’s business model and line underwriting.
4. Proficient in reinsurance products, with an understanding of market trends and practices that could help optimize the organizations reinsurance strategy
5. Lead the development of new reinsurance products and the day-to-day maintenance of those created reinsurance products.
6. Experience in developing and reviewing contractual language, terms and conditions of reinsurance contracts
7. Participate in underwriting audits performed in Operations offices, as well conduct periodic audits of specific reinsurance areas of the Company's book
8. Represent Natural Hazards UW, where a light touch/assistance is necessary
9. Minimum Education: 4 year college degree/bachelors
10. Preferred Education: MBA/graduate degree
11. Experience: 10 years in insurance/reinsurance whether from a financial or underwriting discipline

The hiring range for this position dependent on final grade and title is $126,800 to $182,300 USD. The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM Global’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.

FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce. 

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