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Underwriter Property Facultative

2 months ago

Sydney, Australia Hannover Re Full time

Underwriter Property Facultative

**Underwriter Property Facultative**

**Department**:P&C Facultative

**Employment Type**:Full Time

**Location**:Sydney

**Reporting To**:Head of Facultative

**Description**

**We are somewhat different**

Hannover Re was founded as an in-house reinsurer and started small, a new kid on the block, proving ourselves every day for over fifty years. We've grown into a company with the resources of a major player and the flexibility of a boutique one. We are pragmatic, specialised and highly focused on a lean operating model. Modest yet self-assured. All our people count - and our clients sense this.

We are Somewhat **Different**...... Every day..

We currently have an exciting opportunity in Sydney which plays a major part in the success of Hannover Re globally. We are a lead reinsurer in Australia and New Zealand and we have the benefit of being flexible and nimble with the financial backing of one of the largest reinsurers in the world.

We are seeking an Underwriter Property Facultative to join our team within our Property & Casualty branch. The role will be a permanent position reporting directly to our Head of Facultative.

**Key Responsibilities**

**About the role**

You will be responsible for contributing to defining the Branch strategy, continuous improvement of the underwriting approach and composition of facultative portfolio and building and maintaining relationships with clients.

**Your day may look a little like**:

- Underwriting for the Australasia facultative team in accordance with the agreed Hannover Re Strategy, internal guidelines and profitability requirements
- Contributing to the development and improvement of the Australian Branch Strategy
- Looking to continuously improve the underwriting approach and composition of facultative property portfolio
- Building and maintaining relationships with clients (cedants / brokers) through regular communication and visits in AU / NZ
- Effectively collaborating with all internal stakeholders
- Monitoring of quality assurance in underwriting and introducing necessary system changes

**Skills, Knowledge and Expertise**

**You will need to have**:

- More than 5 years of direct and/or reinsurance property (and ideally engineering) underwriting experience in the Australasian market
- Relationship management skills
- Exercise discretion and independent judgement in the analysis and evaluation of risk including EML calculation
- Good level of technical knowledge and skills including product & industry
- Strategic thinking capabilities
- Ability to liaise with senior level management
- Good organisation, attention to detail and ability to prioritise effectively
- Clear and effective communication both written and verbal
- Strong analytical and problem solving skills
- Ability to work with mínimal supervision and as part of a team

It is a requirement that all applicants have unlimited rights to work in Australia i.e. must either be an Australian citizen or have permanent residency.

**Benefits**

Are our values "Respect", "Drive" and "We-Spirit" aligned with yours? We foster a culture of respect in our workplace, supporting and encouraging respectful communication and behaviours, acknowledging differences and honouring the people with whom we interact, taking the time to understand their needs and perspectives. We value every individual and consider our people to be important to the success of our business with each of us working together to contribute to a common success. Through not only our hybrid working arrangements, EAP and annual program of wellness events / activities we prioritise employee wellbeing as only together can we achieve our objectives.

We not only offer a job and a title, but if you are looking for an organisation which values its people and is "Somewhat Different" then we want to hear from YOU All you need to do is hit apply.

**No agencies please**

Job ID 2497d048-c56c-4302-8947-fe8b6887c2ed

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