VP, Specialty Casualty Treaty Underwriting

at  QBE

Primary Details
Time Type: Full time
Worker Type: Employee
Lead the US Specialty Casualty Treaty Underwriting team (MGA and Program segment focus) to write profitable business in accordance with Plan by developing and implementing a comprehensive approach to Casualty Treaty underwriting. Refining existing operations to ensure processes support the achievement of business plan results and enable optimal . Apply prudent decision-making to underwrite complex Casualty Reinsurance Treaty business that contributes to a profitable portfolio. Responsibilities include leading team, talent development, portfolio optimization. new business production, renewal retention, broker and client engagement, and the overall profitability of assigned portfolio including cycle management
The Opportunity
Lead the US Specialty Casualty Treaty Underwriting team (MGA and Program segment focus) to write profitable business in accordance with Plan by developing and implementing a comprehensive approach to Casualty Treaty underwriting. Refining existing operations to ensure processes support the achievement of business plan results and enable optimal . Apply prudent decision-making to underwrite complex Casualty Reinsurance Treaty business that contributes to a profitable portfolio. Responsibilities include leading team, talent development, portfolio optimization. new business production, renewal retention, broker and client engagement, and the overall profitability of assigned portfolio including cycle management.

Primary Responsibilities

• Lead and manage delivery of sound underwriting recommendations by guiding and reviewing team analyses of reinsurance treaty portfolio opportunities, including profitability trends to ensure recommendations enhance book of business
• Underwrite Casualty treaty reinsurance in accordance with the business plan and the personal authority to meet business objectives including negotiating rates, terms and conditions for existing and new business, managing production, review and issuance of contract documentation, and ensuring compliance with internal and external regulations and guidelines.
• Build strategic relationships with brokers and clients by networking, answering complex inquiries and providing engaged consultation
• Strategically review and analyze the Specialty Casualty Lines treaty portfolio to identify progress toward business objectives.
• Research and obtain market intelligence in order to enhance organizational profit goals.
• Ensure team compliance with all legal, regulatory and Learning & Development requirements to ensure obligations are met.
• Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency.
• Contribute to recording and measurement of Reinsurance risks to ensure accuracy and good practice.
• Comply with any retrocessional requirements to minimize risk and to deliver business plan objectives.
• Establish and maintain relationships with brokers and cedants to understand their needs and provide products that respond to their needs.
• Foster strong partnerships with cedants by informing them on new products and programs, communicating opportunities for continuous improvement and clarifying and explaining underwriting decisions.
• Attend and participate in underwriting audits and presentations for new and renewal treaties.
• Contribute to assigned special projects by assisting with accounting reviews, account peer reviews and participating in department product and process improvement initiatives.
• Contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value “can do” people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun.
• Adopt QBE values in personal work behaviors, decision-making, contributions and interpersonal interactions; mage own career development by soliciting feedback and valuing other perspectives

Required Education

• Bachelor’s Degree or equivalent combination of education and work experience

Required Experience

• 10+ years relevant experience

Preferred Competencies/Skills

• Demonstrable technical underwriting and pricing capability
• Extensive market network with key stakeholders
• Leadership skills, including mentoring and development of team members

Preferred Education Specifics

• Degree in Business, insurance, or related field

Preferred Experience

• 10 years relevant experience in Casualty reinsurance
• Progression toward or receipt of professional designations including CPCU, ARe, RPLU, or any actuarial exams
• Strong Proficiency in Excel, Power Point, Word, and other Microsoft Office products
• Experience presenting referrals and business plans to senior management
• Experience developing strategic underwriting framework
• Experience managing, developing, or leading others
• Increasing levels of responsibility

Preferred Licenses/Certifications

• Progression toward or receipt of professional designations including CPCU, ARe, RPLU, or any actuarial exams.

QBE Cultural DNA
We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future by helping those around us build strength and embrace change to their advantage.
We’re an international insurer that’s building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.
And our people will be at the center of our success. We’re proud to work together, and encourage each other to enable resilience for our customers, our environment, our economies and our communities.
With more than 12,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.
We believe this is our moment: What if it was yours too?
Your career at QBE — let’s make it happen!
https://www.linkedin.com/company/qbe-north-america/

US Only - Travel Frequency

• Occasional (approximately 5-10 trips annually)

US Only - Physical Demands

• General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.

US Only - Disclaimer

• To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

Job Type

• Manager

Global Disclaimer

• The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee’s normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.

Inclusion of Diversity
At QBE, we are deeply committed to fostering an inclusive workplace where each person is valued and respected for their authentic selves. If you require any assistance, such as alternative interview accommodations during the recruitment process, please do not hesitate to inform our Talent Acquisition team.
Compensation
Base pay offered will vary depending on, but not limited to education, experience, skills, geographic location and business needs
Annual Salary Range: $178,000 - $266,000
AL, AR, AZ, CO (Remote), DE, FL, GA, IA, ID, IL (Remote), IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NV, OH, OK, OR, PA, SC, SD, TN, TX (Remote, Plano), UT, VA, VT, WI, WV and WY

Annual Salary Range: $196,000 - $293,000
CA (Remote, Fresno, Irvine and Woodland), Greenwood Village CO, CT, Chicago IL, MA, MD, NY (Remote), RI, Houston TX and WA

Annual Salary Range: $223,000 - $333,000
San Francisco CA, NJ and New York City NY
Benefit Highlights
You are more than your work – and QBE is more than a workplace, which is why QBE provides you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. Employees scheduled over 30 hours a week 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 and a paid-time off program. In addition, our paid-family and care-giver leaves are available to support our employees and their families. Regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance.
At QBE, we understand that exceptional employee benefits go beyond mere coverage and compensation. We recognize the importance of flexibility in the work environment to promote a healthy balance, and we are committed to facilitating personal and professional integration for our employees. That’s why we offer the opportunity for hybrid work arrangements.
If this role necessitates a hybrid working model, candidates must be open to attending the office 8-12 days per month. This approach ensures a collaborative and supportive work environment where team members can come together to innovate and drive success.
How to Apply:
To submit your application, click “Apply” and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates

• Lead and manage delivery of sound underwriting recommendations by guiding and reviewing team analyses of reinsurance treaty portfolio opportunities, including profitability trends to ensure recommendations enhance book of business
• Underwrite Casualty treaty reinsurance in accordance with the business plan and the personal authority to meet business objectives including negotiating rates, terms and conditions for existing and new business, managing production, review and issuance of contract documentation, and ensuring compliance with internal and external regulations and guidelines.
• Build strategic relationships with brokers and clients by networking, answering complex inquiries and providing engaged consultation
• Strategically review and analyze the Specialty Casualty Lines treaty portfolio to identify progress toward business objectives.
• Research and obtain market intelligence in order to enhance organizational profit goals.
• Ensure team compliance with all legal, regulatory and Learning & Development requirements to ensure obligations are met.
• Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency.
• Contribute to recording and measurement of Reinsurance risks to ensure accuracy and good practice.
• Comply with any retrocessional requirements to minimize risk and to deliver business plan objectives.
• Establish and maintain relationships with brokers and cedants to understand their needs and provide products that respond to their needs.
• Foster strong partnerships with cedants by informing them on new products and programs, communicating opportunities for continuous improvement and clarifying and explaining underwriting decisions.
• Attend and participate in underwriting audits and presentations for new and renewal treaties.
• Contribute to assigned special projects by assisting with accounting reviews, account peer reviews and participating in department product and process improvement initiatives.
• Contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value “can do” people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun.
• Adopt QBE values in personal work behaviors, decision-making, contributions and interpersonal interactions; mage own career development by soliciting feedback and valuing other perspective