Reinsurance Jr. Underwriter

Mapfre Reis one of the worlds leading reinsurance companies. Owned by the Mapfre Group, the company is part of an insurance/reinsurance legacy that originated in 1933. The company uses Madrid as the headquarters of a global network of reinsurance specialists. The company views reinsurance, when backed by robust underwriting analysis, to be an integral part of a client-focused process. A process considers each transaction as opportunity not only to mitigate loss, but also to create value and facilitate mutually beneficial partnerships. The company is seeking a focused individual who will provide technical and administrative support to the Underwriting function of the North American operation and is interested in developing a career as an underwriter. Reinsurance Management Inc is a fully own subsidiary of the MAPFRE Group. The position is based in Florham Park, New Jersey. Please find below the links to MAPFRE Group and MAPFRE REs websites: https://www.mapfre.com/corporate/ https://www.mapfrere.com/reinsurance/en/ Responsibilities: ? Assist Underwriters in all facets of underwriting process. ? Process reinsurance submissions submitted by brokers into underwriting platform. ? Identify and extract critical data from these submissions and prepare technical worksheets for underwriters. ? Prepare and scrub submission data and enter in experience and exposure rating tool. ? Use third party catastrophe modeling software, download modeling data, run cat model and enter results in technical worksheet. ? Review and analyze contract wordings. ? Create and maintain online/digital underwriting and contract files. ? Manage all new and renewal submission as they proceed throughout the workflow. ? Code and enter bound accounts into the premium system, cat model and upload contracts into online system. ? Produce reports for management and underwriters. ? Respond to queries from accounting and other internal departments. ? Assemble relevant information needed for client audits. ? Researching and answering inquiries from internal and external customers. ? Maintain marketing material and schedules for underwriter. ? Participate in broker / client meetings as required. ? Assist in projects as assigned. Requirements: ? Bachelors Degree required; 5 years minimum reinsurance or insurance industry Exp of which 3 years in underwriting. ? The ideal candidate is well organized; is project management oriented; good mathematical, oral and written communication skills; is a thinker providing solutions; has a positive can do attitude; works well as an integral part of a collaborative team as well as independently; possesses a strong work ethic and is self-motivated. ? Strong competency in Microsoft Office applications Excel, Word & Outlook