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Warranty Sr. Underwriter & Reinsurance Analyst

Company: EFG Companies
Location: Irving
Posted on: November 22, 2021

Job Description:

Senior Underwriter and Reinsurance Analyst

This position is a collaborative role providing underwriting and reinsurance expertise into the pricing and development of EFG's products and reinsurance performance of its clients.
In this role, you will be a strong, proactive key contributor to the Risk and Reinsurance team by assessing the performance and pricing of EFG Products and the profitability of our clients' reinsurance positions.
Additionally, you will develop and generate reports, analyze information and trends, and make recommendations to improve EFG's position in the market and with its clients. - Decisions will be based on the development of rates/rating algorithms, retrogression analysis, and performance targets in line with strategic initiatives.
You will create guidelines and documentation and automate processes to ensure execution of the underwriting strategy. - The candidate will also support the development of new products by making recommendations on risk coverage while making sure EFG and its clients are regulatory compliant.
The Senior Underwriter and Reinsurance Analyst role is critical to minimizing risks and maximizing value to EFG and providing superior products and customer service to our stakeholders.

Job Duties and Responsibilities
Develop underwriting guidelines and pricing methodologies and review processes for new and existing products.
Manage profitability of business from a complete book, product, and individual customer perspective.
Work closely with sales and product development teams to maintain strong levels of customer service, establish/maintain a pipeline, and develop new competitive products.
Underwrite and negotiate to close, taking market, risk, and profitability analysis into consideration.
Create, extract, and analyze underwriting and reinsurance performance reports and dashboards. - Provide regular summary reports and analysis.
Evaluate trends in performance and make recommendations for action.
Work with departmental leaders to develop strategic and innovative initiatives.
Support reinsurance company formation and customer service requests such as dividends, financial statements, taxes, etc.
Analyze reinsurance reporting to ensure accuracy of system reports and alignment with Rate Management System reporting.
Monitor market trends, liaise with industry contacts, and attend a variety of related association meetings and events to support personal development as a subject matter expert.

Minimum Qualifications
Bachelor's degree, preferably in finance, accounting, business administration, risk management, or math/actuarial science.
5+ years' warranty underwriting and/or reinsurance experience.
Computer application knowledge (Office) with very strong Excel skills; Tableau or Power BI experience highly preferred.
Ability to interact with others at all levels of the organization.
Knowledge of reinsurance and reinsurance accounting will be considered a strong asset.
Strong verbal, written, and persuasive communication skills required.
Comfortable in team settings but works well independently.
Ability to organize data and multi-task.
The ideal candidate is self-motivated, takes initiative, seeks ways to improve processes, create efficiencies, and grow profitably.
The candidate is analytical and creative with a demonstrated track record of execution.

Enterprise Financial Group (EFG Companies), is a nationally award-winning financial service products administrator, leading the industry for more than 40 years in developing best-in-class consumer protection programs. At its core, EFG is a service, not a product company, with the strategic intent of building sustainable market differentiation solutions based upon its distinct client engagement model. We're looking for talented, experienced professionals who can deliver on the EFG promise of excellence.

Keywords: EFG Companies, Irving , Warranty Sr. Underwriter & Reinsurance Analyst, Professions , Irving, Texas

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