Ascot Group · 6 days ago
Senior Underwriter, Property Facultative Reinsurance
Iselin, NJ
Full-time
Onsite
Mid, Senior Level
$120K/yr - $140K/yr
6+ years expAscot Group is one of the world’s preeminent specialty risk underwriting organizations. They are seeking a detail-oriented and analytical underwriter to join their Property Facultative Reinsurance Team, focusing on the profitability and growth of the North American Property Facultative book of business while supporting ongoing business development.
Responsibilities
Manage the profitability, growth, and retention of an assigned US-based Property Facultative Reinsurance book of business
Understand Ascot’s risk appetite and underwrite property reinsurance accordingly and within designated underwriting authority
Liaise with internal teams, such as aggregate management, claims, compliance, and legal
Participate on external underwriting audits for Ascot clients
Develop and maintain relationships with key brokers within the insurance market
Represent Ascot at appropriate market groups and committees
Maintain knowledge of general market conditions
Work closely with Assistants and accept overall responsibility for account administration such as bordereau review, reporting deadlines, premium reconciliation
Foster and maintain external relationships with brokers to market and sell Ascot’s products
Perform other duties as assigned
Qualification
Required
Bachelor's degree or equivalent experience
Minimum of 6 years of property insurance underwriting experience or a minimum of 3 years of property reinsurance underwriting experience
Knowledge of Property Facultative insurance products, insurance regulations and the insurance industry
Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment
Strong critical thinking skills
Excellent organizational, desk management and prioritization skills with the ability to work independently and as part of a team
Must be positive, self-motivated, and possess strong interpersonal, communication and presentation skills
Possess strong technical, analytical, and quantitative skills
Excellent oral and written communication skills, ability to successfully negotiate in difficult situations with agents and brokers
Solution oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers
Proficient in Microsoft Office
Travel 10-15%
Preferred
ARe, CPCU, ARM or other relevant professional designations preferred, but not required
Benefits
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver)
Company
Ascot Group
Ascot Group provides underwriting services for the insurance sector.
1001-5000 employees
H1B Sponsorship
Ascot Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2023 (1)
2022 (2)
2021 (1)
2020 (1)
Funding
Current Stage
Late StageTotal Funding
$350M2025-05-13Debt Financing· $350M
2024-11-13Private Equity
2016-09-16Acquired
Leadership Team
Jonathan Zaffino
Group Chief Executive Officer and President
Marc Amen
Chief Executive Officer, North America
Recent News
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2026-01-09
2026-01-07
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2026-01-06
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