UFG Insurance · 2 days ago
Financial Risks Reinsurance Underwriter
United States
Full-time
Remote
Senior Level
$120K/yr - $150K/yr
10+ years expUFG Insurance is hiring a Financial Lines Assumed Reinsurance Underwriter to underwrite and manage the financial lines reinsurance portfolio, with emphasis on mortgage, surety, and/or credit reinsurance treaties. This role serves as the primary face of the company to brokers and cedents for the assigned portfolio, leading negotiations, structuring solutions, and driving profitable growth in line with UFG underwriting guidelines and risk appetite.
FinanceProperty & Casualty InsuranceFinancial ServicesInsurance
No H1B
Responsibilities
Lead the end-to-end underwriting of assumed treaty reinsurance submissions for financial risks including exposure and experience analysis, treaty structuring, and pricing
Act as primary point of contact with reinsurance brokers for the assigned portfolio, managing day-to-day relationships, developing new opportunities, and leading negotiations of terms, conditions, and pricing
Evaluate portfolio performance, strategy, and underwriting discipline to assess fit with the company’s risk appetite and capital allocation priorities
Review, structure, and negotiate treaty contracts including wording, coverage terms, exclusions, and endorsements in collaboration with legal, actuarial, and operations teams
Perform in-depth portfolio management, including monitoring accumulations, diversification, profitability, and key performance indicators for assigned treaties and overall segment
Prepare and present underwriting analyses, and recommendations to Underwriting Committees
Contribute to the annual business planning process for the Financial Risks treaty portfolio, including production, profitability, and exposure targets, and support the development and refinement of underwriting strategies
Collaborate with actuarial/pricing teams, providing underwriting insight and cedent/broker intelligence to ensure models and pricing appropriately reflect risk characteristics and market conditions
Support accurate booking and financial accounting of treaties by working closely with reinsurance accounting and operations on statements, bordereaux, and related reporting
Represent the company at industry conferences, broker meetings, client visits, and market events in the US and internationally, promoting the company’s brand and capabilities
Maintain strong awareness of competitive landscape, rating agency perspectives, regulatory developments, and macroeconomic trends affecting financial risks, credit, political risk, surety, and mortgage markets
Mentor junior underwriters or analysts as appropriate, sharing best practices and helping to build technical expertise within the team
Qualification
Required
Bachelor's degree in mathematics, Finance, Economics, Statistics, or related field
Minimum 10 years of relevant insurance/reinsurance experience, including at least 5 years focused on treaty or portfolio-level reinsurance underwriting in financial risks lines or closely related specialty lines
Proven track record managing a treaty portfolio, including monitoring performance, taking corrective action, and achieving profitability and growth targets
Demonstrated experience leading broker and client negotiations and representing the company externally in a senior underwriting capacity
Deep technical understanding of treaty reinsurance structures (quota share, surplus, excess of loss), underwriting methodologies, and pricing approaches for financial risk portfolios
Strong knowledge of credit, political risk, surety, and/or mortgage insurance products and typical loss drivers of credit losses
Solid grasp of portfolio management principles, including diversification, correlation, concentration, and ability to translate them into underwriting decisions
Ability to analyze cedent financials, exposure data, and loss histories; interpret actuarial/pricing output; and make sound, independent underwriting judgments
Excellent relationship‑building and communication skills, with the ability to influence and negotiate effectively with brokers, cedents, and internal stakeholders
Strong written and oral presentation skills; comfort presenting complex analyses to senior management and external partners
High degree of self‑motivation, accountability, and professional integrity; able to operate autonomously in a remote environment while collaborating effectively with colleagues in multiple locations
Proficiency with underwriting and portfolio tools (e.g., Excel, pricing models, exposure management systems) and ability to work with large data sets
Willingness and ability to travel domestically and internationally for broker/cedent meetings, conferences, and internal sessions, as needed
Preferred
Advanced degree (e.g., MBA, master's in finance/risk management)
Relevant designations in any of the following: Associate in Reinsurance (ARe), Chartered Property Casualty Underwriter (CPCU)
Benefits
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.
Company
UFG Insurance
The United Fire Group (UFG) companies join together to offer a range of property/casualty products.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Kevin Leidwinger
President and Chief Executive Officer
Randy Ramlo
Chief Executive Officer
Recent News
Corridor Business Journal
2026-07-25
Corridor Business Journal
2026-01-06
United Fire Group, Inc
2025-11-05
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