US Property Treaty Underwriter

About the role

Hiscox Re, operating in Bermuda and London, writes reinsurance for clients in the United States and those domiciled there with worldwide exposure. The US Reinsurance Team is looking for a US Property Treaty Underwriter to support the underwriting and management of a US Property Treaty portfolio, build relationships with key US clients and brokers, and help build the portfolio going forward.

Key responsibilities

• Analyse treaty submissions, pricing information, catastrophe modelling output and portfolio data to support underwriting decisions.
• Build and maintain relationships with brokers and clients through regular interaction, meetings and market engagement.
• Attend client, broker and market meetings and represent Hiscox Re, developing an understanding of client strategies and needs.
• Collaborate with colleagues across the Bermuda and London platforms and with catastrophe modelling, actuarial, portfolio management and third-party capital teams.
• Develop expertise across the underwriting lifecycle, including risk assessment, pricing, portfolio management and capital allocation.
• Contribute to deploying Hiscox and partner capital and to the development of underwriting tools, analytics and technology.
• Take part in portfolio reviews, renewal strategy discussions and market research, and eventually manage client relationships and negotiate transactions independently.

Required profile

• Motivated insurance or reinsurance professional with about 2-5 years' experience, ideally in property insurance, property reinsurance, treaty reinsurance, underwriting, broking or a related analytical discipline.
• Interest in growing the US portfolio at Hiscox Re.
• Experience evaluating and managing reinsurance portfolios across different geographies, clients, brokers and lines of business.
• Ability to assess and challenge catastrophe modelling, actuarial and portfolio analytics.
• Strong written and verbal communication skills and a collaborative, proactive approach.

Required skills

• Solid understanding of reinsurance underwriting principles, risk selection, pricing and treaty structures (proportional and non-proportional).
• Experience with large datasets and analytical tools such as Excel, SQL, R or Python is an advantage.
• Familiarity with catastrophe modelling tools (e.g. RMS, AIR and internal models) is advantageous, though training is provided.
• Exposure to third-party or alternative capital structures is beneficial but not essential.