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Underwriting Analyst, Treaty Reinsurance

Hudson Insurance Group

Hudson Insurance Group

IT
torrance, ca, usa · Austin, TX, USA
Posted on Tuesday, June 25, 2024

Odyssey Reinsurance Company (OdysseyRe) is the global reinsurance arm of Odyssey Group, one of the world’s leading providers of reinsurance and specialty insurance. OdysseyRe offers a broad range of property, casualty, and specialty reinsurance products, providing capital and risk management solutions for clients to efficiently manage economic risk through a network of branch and representative offices across North America, Latin America, EMEA (Europe, Middle East & Africa), AsiaPacific and London.

OdysseyRe is an equal opportunity employer with excellent benefits and a strong commitment to providing training and opportunities for our staff. We provide employees an innovative, enriching environment and take great pride in their career growth.

OdysseyRe is rated A+ (Superior) by AM Best and A+ (Strong) by Standard and Poor’s. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited, which is traded on the Toronto Stock Exchange under the symbol FFH.

Position Summary:

The Underwriting Services Analyst is responsible for supporting the Treaty Underwriting department with the daily workflow and administrative functions.

Essential Functions:

  • Enter new and renewal treaty submissions into applicable systems.
  • Assist in submission clearance and recording of management information in the department’s information systems.
  • Process endorsements and new/renewal treaty reinsurance programs.
  • Process broker of record changes.
  • Update Ceding Company and Broker information in the Phoenix system (as needed).
  • Process final premium adjustments.
  • Work closely with the Accounting team to analyze and resolve discrepancies and open cash application.
  • Extract management reports from Phoenix and assist in preparing data for analysis and management reporting.
  • Prepare various Excel spreadsheets utilized in Treaty management.
  • Act as key contacts for internal and external audit questions.
  • Assist underwriters as requested/needed.
  • Handle special projects as assigned.
  • Perform other related duties as required to achieve the goals and objectives of the company and department.

Job Requirements: Skills, Knowledge & Ability:

  • Knowledge of insurance/reinsurance terminology.
  • Strong communication and interpersonal skills.
  • Sound judgment in responding appropriately to concerns and requests.
  • Maintain confidentiality of company-sensitive data.
  • Professional demeanor.
  • Comprehension of underwriting requirements, rating and pricing, and processing requests for program changes.
  • Takes initiative, detail oriented, organized, ability to work independently.
  • Ability to prioritize workloads and meet deadlines with a high level of accuracy.
  • Proficient in Word, Excel, Outlook and various internal systems.
  • Exposure to Phoenix a plus.
  • Keep Manager informed of activities and situations which will impact the achievement of corporate and department goals and objectives.
  • Seasonal overtime may be required.

Education and Experience:

  • College degree or equivalent
  • Minimum of 3-5 years of related work experience

We are an E-Verify employer - all hired positions require successfully passing an E-Verify Check.

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