Reinsurance - Casualty Treaty Underwriting Director
Cincinnati Insurance Company, Inc.
Fairfield, OH, USA
Make a difference with a career in insurance
At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®.
If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.
Start your journey with us
The Cincinnati Re division of The Cincinnati Insurance Companies is currently seeking a casualty reinsurance underwriter to join our Casualty Reinsurance team. Responsibilities include the underwriting of individual transactions and assisting in the shaping of the overall casualty reinsurance portfolio. Experience with casualty or professional liability insurance products is required. Casualty reinsurance underwriting experience and knowledge of reinsurance pricing models is strongly preferred.
Be ready to\:
assess reinsurance submissions for alignment with our appetite and business plan
identify key exposures and structure reinsurance programs to adequately manage risk
ensure we have adequate information to understand the subject business, the requested reinsurance structure and to price the business
evaluate proposed reinsurance contract wording and work with our legal department to negotiate acceptable wording
work with our claims team in evaluating and identifying claim activity and loss trends
work with our pricing team to price submissions. This includes identifying reinsurance structures and contractual terms, develop loss costs, quantify the impact of contract features, ascertain capital requirements and provide an understanding of the key risk drivers
meet with clients, prospective clients and brokers to build mutually beneficial and sustainable trading relationships
provide support for accounting, forecasting and planning activities
complete account documentation as required
participate in special projects as needed
meet our service standards and drive development and reinforcement of our Service Brand.
Be equipped with\:
casualty insurance product knowledge
strong analysis and problem-solving skills
reinsurance pricing knowledge and experience
ability to work in a fast-paced environment
ability to work in a collaborative team environment, including effective listening and verbal communication skills
professional, courteous and organized
excellent communication skills
availability for travel to meetings at client and broker locations, including industry conferences
ability to be away from office for work-related travel approximately, 30 percent including overnight
Microsoft® Excel and CRM systems experience
prior casualty reinsurance underwriting or pricing experience
broker reinsurance market negotiation experience
bachelor’s degree in a quantitative field (e.g. economics, finance, mathematics, statistics, etc.), business or marketing
CPCU and ARe preferred
Cincinnati Re operates from our Headquarters location in Fairfield, OH a suburb of Cincinnati, OH. A number of our associates also work remotely in areas including\: Boston, MA; Stamford, CT; Minneapolis, MN; New York, NY, and Philadelphia, PA.
The location of this position is flexible depending upon the candidate with Cincinnati headquarters being preferred
Frequent travel required in a normalized post-COVID environment.
Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career.
Enjoy benefits and amenities
Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated.To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about our benefits and amenities packages.
Embrace a diverse team
As a relationship-based organization, we welcome and value a diverse workforce. We provide equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. Learn more about the Federal Employment Notices.
The Cincinnati Insurance Companies offer you opportunities to make a difference. Build a career as a trusted, empowered, respected professional and put your talents into action:
operate ethically and apply the Golden Rule to your daily operations
provide solutions that impact lives, enabling independent agents to protect what matters most to their clients
offer service, security and stability to help families and businesses prevent, prepare for and recover from loss
share best practices and our expertise in risk management to harness the power of our industry, making the world around us safer
Our associates receive a comprehensive compensation and benefits package, including a matching 401(k) program.
“Insurance professionals answer a noble calling.”
Steve Johnston, President & CEO
JOIN OUR TEAM
Associates of The Cincinnati Insurance Companies work together to excel by offering agents and policyholders a local presence, unparalleled claims service, loss control consultation services, work-saving technology initiatives, and competitive products, rates and compensation. Choose from the tabs below to learn more.
"For more than 60 years, the efforts and ideas of our associates have driven success for The Cincinnati Insurance Companies. We hire candidates with promise, matching their strengths to positions within the company and providing resources to help them meet professional and personal goals. Our talented, team-focused associates are dedicated to building relationships with independent agents and exceeding their expectations. We help agents keep promises to their clients. Each time we provide exceptional coverage and service that strengthens our agents’ reputations within their communities, we’re also securing our own. Insurance professionals answer a noble calling, providing security, stability and comfort, especially during times of loss. As you learn more about working at The Cincinnati Insurance Companies through this site, I invite you to consider how your values align with ours and how your talents can contribute to our mutual success."
MISSION AND VISION
To grow profitably and enhance the ability of local independent insurance agents to deliver quality financial protection to the people and businesses they serve by:
providing market stability through financial strength
producing competitive up-to-date products and services
developing associates committed to superior service
Our vision is to be the best company serving independent agents.