Senior Treaty Reinsurance Underwriter (Hybrid)

Company: American Family Insurance
Location: Madison
Posted on: June 1, 2025

Job Description:

You will underwrite casualty and professional lines for new and existing global treaty reinsurance business. Evaluate complex risks and exposures, pricing structures, rates, terms, and conditions following corporate reinsurance guidelines. Cultivate relationships with brokers, reinsurers, and insureds to ensure the profitability of a worldwide reinsurance portfolio risk transfer through treaty reinsurance.
You will report to Director, Reinsurance Casualty Underwriting.Position Compensation Range:$97,000.00 - $164,000.00Pay Rate Type:SalaryCompensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.Primary Accountabilities

• Evaluate treaty insurance company`s financial standing, operational strategy, and industry trends to determine risk.
• Perform exposure analysis on renewal business.
• Assess the customer/broker request and determine acceptable coverage that addresses the customer`s critical insurance and service needs.
• Perform exposure and experience analysis on treaty risks.
• Compile underwriting submission data elements.
• Assess proposed structure, the treaty insurance company`s operations and anticipated hazards, losses, expenses, financial strength, loss experience, and other underwriting considerations.
• Evaluate treaty contract and contract language, and manage documentation workflow.
• Cultivate business relationships with assigned brokers as well as internal and external clients to retain and place profitable business for the segment.
• Recommend program participation that achieves our desired goals, including long-term profitability and risk transfer determined by enterprise risk appetites.
• Perform client audits to ensure treaty business processes align with terms of contract and our goals.
• Manage assumed and treaty reinsurance projects of varying complexity.
  Specialized Knowledge & Skills Requirements
  
  • Demonstrated experience providing customer-driven solutions, support or service.
  • Basic knowledge and understanding of financial pricing models, methodology, and tools.
  • Basic knowledge and understanding of reinsurance industry, underwriting standards, and competitive practices.
  • Demonstrated experience encouraging relationships with internal and external contacts.
  • Demonstrated experience managing complex projects.
  • Solid knowledge and understanding of profitability, growth, and risk concepts.
  • Solid knowledge and understanding of advanced financial and statistical analysis techniques including actuarial techniques.
    Preferred Experience:
    
    • 3+ years Casualty Reinsurance Underwriting experience.
      Licenses
      
      • Not applicable.
        Travel Requirements
        
        • Up to 25%.
          Physical Requirements
          
          • Work that primarily involves sitting/standing.
            Working Conditions
            
            • Not applicable. In this hybrid role you will be expected to work a minimum of 10 days per month out of one of the following locations: Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034.
              Internals are encouraged to apply regardless of location and will be considered based on the needs of this role.
              
              Candidates may be eligible for relocation based on the needs of the role.
              
              Role not eligible for sponsorship
              
              #LI-HybridWe encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.#LI-AB1

Keywords: American Family Insurance, Crystal Lake , Senior Treaty Reinsurance Underwriter (Hybrid), Other , Madison, Illinois