Shape Your Future with Us
General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. Its direct reinsurance companies conduct business as Gen Re.
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. Represented in all major reinsurance markets through a network of more than 40 offices, supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.
Gen Re currently offers an excellent opportunity for a Life Health Senior Underwriter/Underwriting Consultant in Canada with the option of working remotely from a home office or being located at the Branch’s corporate offices. The successful candidate for this role should have experience in the underwriting of complex cases from both a medical, non-medical and financial point of view.
Role Description
Reporting to the local AVP Underwriting, the Senior Underwriter will be responsible for applying sound underwriting judgement in evaluating facultative risks referred by client companies. The successful candidate must have the capacity for the timely turnaround of cases which meet agreed client service standards and ensure that the highest quality of service delivery is met.
The successful candidate should possess the motivation and aptitude to assume more strategically focused responsibilities in the longer term. It is critical that the Senior Underwriter be attracted to the prospect of working in an entrepreneurial environment and that he/she possess the communication skills and confidence necessary to engage on a daily basis, with senior level clients and colleagues. He/she will play a critical role in raising the profile, as a member of “the Company’s” service offerings in Canada and supporting its corporate objectives.
Key Responsibilities include:
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Provide sound underwriting judgement on all facultative cases, within approval limits, while holding signing authority up to $5 million.
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Respond to client queries by providing technical support, informed opinions and general counsel as a trusted partner and underwriting SME.
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Develop and maintain effective working relationships with clients through daily communication and by visiting them at their home offices.
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Regularly update and maintain the most current underwriting requirements on behalf of clients.
- Provide support for Actuarial, Administrative and Marketing departments and periodically work on ad hoc inter-departmental projects.
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Periodically undertake client audits to ensure adherence to agreed customer risk profiles, underwriting policies, and operational processes.
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Contribute to initiatives that improve operational efficiencies, mitigate enterprise-wide risk, and ensure that the standards of underwriting and auditing policies are met.
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Represent the Branch at national and regional underwriting meetings, conferences, and industry workshops.
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Keep abreast of evolving underwriting practices and consistently research industry trends, sharing valuable learnings with the Chief Underwriting Officer and the rest of the senior leadership team.
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Document and present the results of client visits to the senior leadership time as necessary.
- Establish, promote, and develop effective business relationships with internal colleagues.
When directed can support the review contestable claims.
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Role Qualifications and Experience
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University level education ideally in a business, finance, or economics-related discipline, combined with at least 8 years of underwriting experience with expertise in life underwriting and preferably with both critical illness & disability underwriting.
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FLMI, AALU or FALU designation is desirable, or underway, or a commitment to immediately undertake skills and leadership training and accreditation.
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Proven track record in managing underwriting and client management responsibilities effectively, ensure the highest quality of performance and professional service.
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Refined verbal and written communication skills with ability to articulate complex information to internal and external stakeholders in a clear, concise, and focused manner.
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A self-sufficient and resourceful underwriting professional who demonstrates flexibility, efficient time management skills and the ability to prioritize.
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Adheres to internal procedures and policies and performs all duties with goal of maximizing shareholder value.
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Acts as a role model within and outside the organization and espouses its goals and values, promoting best practices and actively seeking ideas and diverse perspectives.
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Holds high standards of integrity, loyalty and commitment and is adept in earning the trust and confidence of colleagues and clients.
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A self-sufficient and resourceful underwriting professional who demonstrates flexibility, efficient time management skills and the ability to prioritize workloads.
- Bilingual is an asset
Compensation: The successful candidate will be paid a competitive compensation package, commensurate with the level, status and responsibilities of the role.
Our Address
General Reinsurance Corporation
120 Long Ridge Road
Stamford, CT 06902 (US)
At General Re Corporation, we celebrate diversity and are committed to creating an inclusive environment for all employees. It is the General Re Corporation continuing policy to afford equal employment opportunity to all employees and applicants for employment without regard to race, color, sex (including childbirth or related medical conditions), religion, national origin or ancestry, age, past or present disability, marital status, liability for service in the armed forces, veterans’ status, citizenship, sexual orientation, gender identity, or any other characteristic protected by applicable law. In addition, Gen Re provides reasonable accommodation for qualified individuals with disabilities in accordance with the Americans with Disabilities Act.
C'est la politique continue de la Société Générale de Réassurance d'offrir des opportunités d'emploi égales à tous les employés et candidats à l'emploi sans distinction de race, de couleur, de sexe (y compris la grossesse), de croyance (religion), de lieu d'origine ou d'ascendance, d'âge, de handicap, d'état matrimonial, de situation familiale, de citoyenneté, d'orientation sexuelle, d'identité de genre, d'expression de genre ou toute autre caractéristique protégée par la législation applicable en matière de droits de l'homme. En outre, Gen Re propose des accommodements raisonnables dans le processus de candidature et dans le cadre de l'emploi, jusqu'au point de contrainte excessive.