Managing Director - UQ06FB
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Navigators Re, a division of The Hartford, underwrites assumed treaty reinsurance totalling approximately $900 million in annual premiums across targeted lines of business worldwide. We are expanding and seeking talented, inquisitive colleagues to join our hard-working, respectful culture committed to diversity, equity, and inclusion.
This position reports to the SVP for Latin America and the Caribbean. It involves underwriting and technical pricing of surety treaties throughout the region. As a Senior Underwriter, you will interact extensively with reinsurance brokers and ceding companies. You will be responsible for all aspects of underwriting and pricing, as well as developing and nurturing relationships with our existing clients and new target companies.
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This role includes expected business travel throughout the year including participation in the PASA General Assembly and Technical Seminar. The workload is particularly demanding during the months of May and June leading up to the July 1 renewals wherein approximately 60% of the portfolio renews as well as December wherein 20% of the portfolio renews at January 1,
Strong collaboration skills are essential for working effectively across functions and levels within the company. Experience in building relationships with brokers and clients is preferred. To satisfy these requirements, excellent written and verbal communication skills in English and Spanish are required and while not required, Portuguese is viewed as a plus.
The candidate is expected to broaden and grown internally the company's current LATAM surety portfolio.
WORK ARRANGEMENT: This role will have a Hybrid work arrangement, with the expectation of working in an office (Coral Gables) 3 days a week (Tuesday through Thursday). However, during peak renewal times/seasons, 5 days in the office could be required.
RESPONSIBILITES:
- Support the Head of Latin America (LATAM) Surety underwriter in pricing new and renewal business and maintaining detailed knowledge of assigned clients and treaties.
- Reviewing and approval of special acceptances which can include but not limited to performing financial analysis of a principle and submitting a formal proposal to the CUO for review and approval.
- Excel in the use of the department's pricing models.
- Collaborate within a team framework to support the unit's overall goals.
- Review treaty contracts governing our transactions.
- Support the business's aggregation protocols.
- Work with the Head of the Actuarial Team, the CUO and the Head of Latin America (LATAM) Surety to ensure that the company's pricing tools are up to date.
- When needed, work with the accounting and claims teams to ensure that our records / files are in order and that EPI management of the portfolio comports with the group's protocols.
- Support the CUO and the Head of Latin America (LATAM) Surety on various mentoring/training programs available for Jr. team members and new hires.
QUALIFICATIONS:
- Over 8 years of demonstrated experience in surety reinsurance underwriting and pricing
- Advanced Excel skills are preferred.
- Proven ability to work independently and as part of a team.
- Self-motivation, creativity, and strong skills in time management, project management, and customer management.
- Excellent written and verbal communication skills, capable of conveying technical concepts to diverse audiences in both English and Spanish is required. The addition of Portuguese is a plus.
- Flexibility and adaptability to changing priorities.
- A process improvement mindset with a talent for developing efficiencies.
- Ability to ready and interpret company financial statements is required.
- Excellent technical, analytical, and data skills is preferred
- Advanced Excel skills are essential.
- Working knowledge in the use of SQL, Python, Tableau and Power BI is a plus
- Strong financial background is a plus.
- Bachelor's Degree is required.
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
$185,920 - $278,880
Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
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