Reinsurance Account Executive

Reinsurance Account Executive

$69,264 - $101,055 Minimum Starting Pay

Job Level: Individual Contributor

Shelter maintains broad salary ranges for its roles in order to account for variations in geographic location, education, training, skills, relevant work experience, business needs and market demands. Please remember that this range is the starting base pay only and does not consider other components that make up the total rewards package for the position.

What You Will Be Doing:

Purpose of the job is to write profitable assumed treaty reinsurance business. Research and identify new clients and develop a marketing plan designed to turn prospects into clients. Responsible for fostering and maintaining good relationships with existing clients. The underwriting process for an Account Executive consists of researching a company, analyzing complex reinsurance treaty information, interpreting reinsurance contracts, delivering profitable pricing indications and presenting recommendations to the reinsurance team. While oftentimes demanding, the role of the Reinsurance Account Executive provides a challenging, yet rewarding, work experience.

What We're Looking For:

• Ability to represent Shelter Insurance Companies to top management of insurance companies and reinsurance brokers using high level communication and marketing skills to build and cultivate long-term relationships.

• Work independently while contributing to a team environment.

• Maintain regular predictable attendance to ensure minimal disruption to schedules and deadlines.

• Possess negotiation skills and be able to influence and close deals.

• Strong work ethics and ability to make strong ethical decisions, at times independent of management guidance.

• Exceptional interpersonal and teamwork skills.

• Knowledge and understanding of financial and statistical analysis techniques and pricing models.

• Knowledge of the property and casualty insurance market, Shelter Insurance Companies’ operations and global reinsurance market.

• Understanding of risk transfer and reinsurance principles, contract construction and working knowledge of actuarial and financial mathematics used in modeling and measuring risk and reward of reinsurance structures.

• Knowledge of catastrophe modeling platforms and ability to analyze outputs.

• Bilingual or multilingual ability is preferred but not required.

• Ability to demonstrate proficiency in Word, Excel and PowerPoint.

• Strong oral and written communication skills for frequent interactions with outside firms and representatives and ability to present complex data/information to varied audiences.

• Typically requires minimum of 2 years related insurance/reinsurance experience with higher-level decision-making responsibilities.

• Completion of, or working toward, CPCU and/or ARe certification and/or MBA, etc. is required.

• Able to perform essential job functions with or without reasonable accommodation.

Shelter's uncompromising commitment to excellence doesn't stop with our customers. We recognize our employees are what make us a premier organization in the insurance industry. Shelter Employees enjoy such benefits as:

• Health, Dental, Voluntary Vision and Prescription Drug Insurance

• Savings and Profit Sharing 401(k)

• Paid Time Off for Sick and Personal Leave, Vacation and Holidays

• Vitality Wellness Program

• "Dress for Your Day" Dress Code

• Flexible Scheduling

• And much more!

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