Senior Reinsurance Underwriting Manager

About the role

The Senior Reinsurance Underwriting Manager leads a team of Reinsurance Underwriters, ensuring disciplined risk selection, pricing, and portfolio performance in line with company strategy and underwriting standards. The role involves building and maintaining senior-level relationships with brokers and ceding companies, managing complex treaty opportunities, and monitoring portfolio performance.

Responsibilities

• Lead, coach, and develop a team of Reinsurance Underwriters, providing technical guidance, feedback, and career development support.
• Ensure underwriting practices comply with internal guidelines, regulatory requirements, and rating agency expectations, including documentation quality, file audits, and adherence to internal controls.
• Oversee team workflow, capacity, and service standards to ensure timely quote turnaround, high-quality underwriting analysis, and consistent broker/client experience across the portfolio.
• Lead the underwriting process for a portfolio of treaty submissions, analyzing and due diligence, and contributing to the growth of the treaty portfolio.
• Function as a senior underwriter on key accounts, reviewing, pricing, and structuring complex new and renewal treaty opportunities using actuarial models, exposure analysis, catastrophe modeling output, and qualitative judgment.
• Partner closely with actuaries, catastrophe modelers, claims, finance, operations, and legal/wordings to evaluate opportunities, structure solutions, and ensure accurate contract documentation and data quality.
• Build, manage, and expand relationships with key brokers and ceding companies, leading negotiations of treaty terms, structures, and pricing while representing the company as a trusted risk partner in the market.
• Maintain awareness of US market trends, competitor behavior, and emerging risks; communicate relevant insights to senior management and incorporate them into underwriting tactics.
• Support or lead special projects such as new product development, expansion into new segments or territories (including selected non-US markets), underwriting process improvements, and automation/analytics initiatives.
• Provide portfolio and account updates to senior management, including pipeline visibility, production and rate change trends, large-loss and catastrophe impacts, and forward-looking views on market conditions.

Requirements

Education: Bachelor’s degree in mathematics, Finance, Economics, Statistics, or related field. Graduate degree in business or quantitative discipline (e.g. MBA, Financial Engineering, Economics, etc.).

Experience: 15+ years in underwriting treaty reinsurance. 5+ years of experience leading or mentoring underwriters, with demonstrated ability to manage performance and develop talent. Demonstrated experience in managing complex projects and implementing strategic plans. History of communicating complex findings to non-technical executive leadership. Proven track record underwriting U.S. P&C treaty business, including portfolio management responsibility and exposure to catastrophe-exposed property and casualty lines. Experience building and managing broker and client relationships, including leading treaty negotiations and representing the company at market meetings, audits, and industry conferences. Prior exposure to, or direct responsibility for, international or multi-territory treaty portfolios (e.g., London market, Bermuda, Europe, or Latin America) is strongly preferred.

Qualifications

• Strong analytical and quantitative skills, including comfort working with large datasets, actuarial pricing output, catastrophe models, and portfolio management tools to inform underwriting decisions.
• Deep understanding of treaty reinsurance structures (quota share, surplus, excess of loss, aggregate, catastrophe), wordings, and common clauses, with the ability to identify and negotiate key terms and conditions.
• Knowledge and understanding of the challenges faced in the P&C insurance business.
• Knowledge and understanding of the insurance industry products, services, and business practices.
• Knowledge and understanding of US regulatory and rating-agency considerations relevant to assumed reinsurance, with awareness of how capital, solvency, and accounting frameworks affect underwriting strategy.

Skills & Abilities

• Self-motivated, collaborative, creative, and diligent.
• Strong written and oral communication skills.
• Ability to speak publicly and build the UFG brand.

Benefits

Comprehensive total rewards package that includes: Annual incentive compensation, Medical, dental, vision & life insurance, Accident, critical Illness & short-term disability insurance, Retirement plans with employer contributions, Generous time-off program, Programs designed to support the employee well-being and financial security.

Pay

The base salary range for this position is $193,573 - $255,243 annually, which represents the typical range for new hires in this role. Individual pay within this range will be determined based on a variety of factors, including relevant experience, education, certifications, skills, internal equity, geography and market data.