Job Details
About Us
Since 1977 we have delivered first class solutions to insurers worldwide, by combining global reach with local decision making. We have built customer & broker relationships on years of trust, experience and execution. Through our people, our products and our partnerships, we deliver the capacity and expertise necessary to contribute to the sustainable growth of prosperous communities worldwide. To do so, our colleagues work with:
Integrity Work honestly, to enhance TransRe's reputation
Respect Value all colleagues. Collaborate actively.
Performance We reward excellence. Be accountable, manage risk and deliver TransRe's strengths
Entrepreneurship Seize opportunities. Innovate for and with customers.
Customer Focus Anticipate their priorities. Exceed their expectations.
We have the following job opportunity in our New York City office:
Description
The Technical Assistant will support the Property Treaty Underwriting team by providing administrative and underwriting support to the underwriters. Responsibilities will include, but not be limited to:
- Inputting all required underwriting submission information accurately and in a timely manner into the system
- Processing all endorsements and binders, including calculations and keeping the system up to date
- Processing the counterparty submission forms to reactivate or register new ceding companies or brokers
- Following up on submission information with clients and brokers
- Preparing catastrophe modelling files, including some geo codification and cleaning of data
- In high load season, some modelling post binding process help will be required
- Analyzing accounting reports and communicating with our accounting department in case of any premium issue
- Following up with external clients about missing information or premiums dues
- Communicating with other departments of the company and external clients when needed
- Management of underwriting information and other systems (e.g. TIRS, GRM, shared folders, DMS, excel, word)
- Maintaining electronic or physical underwriting files
Requirements- 3+ years of experience supporting an underwriting team in the insurance or reinsurance industry.
- Basic understanding of catastrophe models preferred
- Understanding of placement slips, and insurance/reinsurance terms preferred
- Attention to detail and ability to review and manipulate data accurately
- Ability to complete tasks and assignments in a facultative high volume work environment
- Time management skills
- Knowledge of Excel, Word, PowerPoint, Outlook and other MS applications
Work ScheduleTransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office's practices and preferences marketplace trends, and TransRe's business objectives. This position is eligible for a hybrid work schedule with approximately 3 days in the office per week, with the remainder of the week remote.
CompensationIn addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $70,000 - $90,000 This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant's specific skill set and level of experience.
This role is classified as salaried non-exempt under the Fair Labor Standard Act (FLSA). The incumbent will be paid for hours worked and will also be eligible to receive overtime pay.
We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.