Technical Assistant

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims. Our global team shares a passion for solving our customers' biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking. About RenaissanceRe

For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We're experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre. com).

About the Position

Reporting directly to the SVP, Head of Treaty - Property & Casualty. The individual performing this position will assist in the administration and underwriting of Property and Casualty Treaty book of business and other functions as described below.

The Technical Assistant role is based in the Miami office, some travel to other RenaissanceRe offices may be possible.

Key Relationships

• Reports to: SVP, Head of Treaty - Property & Casualty

• Key Stakeholders: All Miami Underwriters, cat modellers, actuaries

• Key Partners: other Technical Assistants

• Accurate and timely process and input of information into the groups systems that is required from the submission stage all the way through binding and maintenance. Provide support for systems needs used by the TAs overviewing and liaising for the continued maintenance, organization and update of the Property and Casualty treaty documentation workflow processes.

• Assist the Treaty Underwriters in the accurate review process of new and renewal business offers, not limited to the clearance and processing of submission information into the groups systems, gathering of information for analysis and pricing, review and comparison of terms, conditions and pricing results, aggregates and cat modelling data preparation, historical profitability results preparation, and review of slips and documents.

• Liaise with the catastrophe modelling team and pricing actuary team to lead assistance in the preparation of data, completeness of results and pricing, identification of driving factors impacting results, striving for timely consistency, data quality improvement and reliability in results.

• Support the Treaty Underwriters in the data input, reporting, documentation, simulations and monitoring of the property treaty catastrophe limits, aggregates and loss simulations.

• Assist and support the Treaty Underwriters in the timely and accurate preparation of authorizations and summaries in adherence to underwriting guidelines and procedures.

• Good understanding of slip wording language for accurate and timely review, comparison and assistance support in contractual terms and conditions. Assist the Treaty Underwriters in review and preparation of slips for authorizations, terms and conditions review and signature in adherence to underwriting guidelines and procedures.

• Ensure and that all necessary information for the analysis and pricing of the business has been timely provided and request and/or coordinate request of missing information. Keep files, folders and workflow systems orderly and accurately updated.

• Coordinate with underwriting, actuarial, accounting, IT, claims, audit and legal departments to ensure that all information related to the existing portfolio and prospective business is complete in order so those departments can diligently perform their duties

• Assist the Treaty Underwriters in the accurate review, information requests and timely processing of Proportional estimated premium income updates, Excess of Loss premium adjustments, notice of cancelation letters, endorsements, special acceptances and quarterly updates as per departments Treaty guidelines and procedures

• Support in the coordination, data gathering, review and timely response in resolving accounting and claims queries

• Take initiative in ensuring reports and data needed by the Miami Property & Casualty Treaty Underwriting area are made available, including coordination between departments for the development, accuracy, maintenance, and repository of reports.

• Support the development reporting tools and support in the timely preparation of reports, data and presentations for UWs and managers (Travel, Market Stats, Presentations, Special Projects, Renewal Summaries, etc. )

• Assist in the gathering of market data, creation and maintenance of market reports and other ad hoc requests.

• Processes improvement: support development of standardized processes, guidelines, etc. Introduce efficiencies and better coordination in all department areas (UW, Actuary, Cat Modelling, Claims, Accounting, etc. )

• Ensure compliance of laws, rules and regulations affecting Validus Reaseguros (both internal and external).

• Support in the coordination of agendas, meetings and marketing logistics

• Perform other duties as assigned or may be necessary by the Property and Casualty Treaty department needs.

• Act as a back-up, when the Treaty Underwriters are traveling, on vacation or absent.

• Four year college or university degree

• Professional insurance qualifications and or designations a plus

• Proven organizational and efficient timekeeping skills and high degree of attention to detail.

• Excellent written and verbal communication skills

• Strong ability with data, numbers and mathematical concepts

• Ability to deal effectively and courteously with clients and colleagues

• Able to work outside of normal office hours if necessary

• Prioritizes and plans effectively

• Able to process heavy workloads

• Bilingual: English and Spanish

• Impact: Sets objectives, delivers results, and implements policies/operational targets with direct impact on the department or individual work outcomes

• Execution: Proactively identifies resources, actions and timelines needed to achieve objectives, effectively balancing tactical pressures with broader implicatio.