Senior Underwriter

Reference Number:  2913
Contract Type:  Regular
Working Time:  Full-Time

Hannover Re - more than 4,000 employees at locations all over the world. Our strength? Connecting Power: We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.

We are currently seeking applicants for our SENIOR UNDERWRITER position. The Senior Underwriter plays a key role in supporting the Company’s strategic financial targets by underwriting P&C premiums in excess of USD 1 billion. This position will be responsible for overseeing a diverse and complex portfolio. The employee shall also undertake additional related duties from time to time.

Main Responsibilities:

  • Manage an international portfolio of catastrophe risks which includes internal and external communication with cedants, brokers, and internal experts around the globe.
  • Participate in the underwriting strategy and processes, including evaluation of submissions, analyzing and interpreting exposures, determining coverage and planning and controlling client activity in global reinsurance markets with a focus on Latin America and the Caribbean, Africa and Middle East.
  • Calculate appropriate risk premium, exercise discretion and independent judgement in the analysis and evaluation of risk assessments
  • Negotiate within the limits of delegated authority and in accordance with internal guidelines, underwriting procedures and controls to achieve profit objectives.
  • Support the business planning and forecasting process.
  • Promote the company’s expertise by participating in industry conferences and events.
  • Proactively engage with stakeholders within the Group and build and deepen relationships with broker and clients with the objective to identify new business opportunities.
  • Work collaboratively in a team environment assisting and potentially mentoring junior members of the team and the management team.

Requirements:

  • Bachelor’s degree in business, engineering, law or a related field.
  • A minimum of ten (10) years of underwriting experience in the insurance or reinsurance industry with dedicated experience on the property catastrophe segment.
  • Proficiency, written and verbal, in English. Similarly, territorial scope requires proficiency in Spanish, willingness and commitment to acquire, if not proficient.  
  • Professional designation such as CPCU or ACII.
  • Detailed understanding in the use of catastrophe models predominantly AIR.
  • Strong negotiation and communication skills along with a strong work ethics and attention to detail.
  • Ability to establish, maintain and expand business relationships at all levels.
  • Proven ability to meet deadlines and have the willingness to work additional hours as needed to meet business objectives.

Hannover Re (Bermuda) Ltd. is an equal opportunity employer. Qualified persons should apply by December 5th, 2025. All applications will be held in the strictest confidence.