What are the responsibilities and job description for the AVP/VP, Ceded Reinsurance, Risk Management position at Berkley?
Company Details
"Our Company provides a state of predictability which allows brokers and agents to act with confidence."
Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.
Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.
Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.
The Company is an equal employment opportunity employer.
Responsibilities
The candidate will work closely within a department of a small team of individuals to analyze insurance risk and purchase reinsurance to protect the broad-based W.R. Berkley insurance portfolio.
The candidate will be responsible for analysis of various insurance portfolios, reinsurance structuring, negotiation and successful placement of reinsurance treaties that protect the Company's portfolio of insurance operations around the globe. In this position the candidate will interact with key decision makers within the Company in a consultative and collaborative manner, in order to address a variety of risk appetites within the firm and for the organization as a whole.
There will also be external interaction with reinsurers and brokers, centered around the purchase of reinsurance.
The candidate needs to have full working knowledge of the Property and Casualty Insurance industry, the fundamentals of reinsurance and a knowledge of the reinsurance marketplace from previous experience. The candidate should be adept at multi-tasking and able to apply critical thinking to complex problems. The ideal candidate will have past experience in either reinsurance underwriting, reinsurance broking, reinsurance actuarial, reinsurance purchasing or any combination of these roles.
Qualifications
- Minimum seven years’ experience in the insurance industry; some form of reinsurance-related experience preferred
- Strong analytical skills
- Keen attention to detail
- Excellent communication skills (both verbal and written)
- Ability to manage deadlines effectively
- Ability and willingness to travel
Education Requirement
- Minimum of bachelor’s degree
