Underwriter –Europe and France market (M/W)

Arundo Re is a medium‑sized reinsurer with a long‑standing presence in France and internationally, in the traditional property and liability, life and health business units, as well as in certain specialized units (credit, marine, aviation, space, agro).

Through its culture, Arundo Re favours robust and conservative financial management, as well as a stable risk underwriting policy that meets the needs of its clients. The diversity of its underwriting and investment portfolio, its safe provisioning policy, the protection of its balance sheet and results against peak risks, its governance, organisation and internal control system all contribute to Arundo Re solidity. Arundo Re offers its clients a high‑quality, competitive, tailor‑made, and innovative service in line with its solvency and profitability objectives. Arundo Re hallmarks are its close and stable partnerships, its ability to listen carefully and understand its clients' needs, its fast and firm responses, and its spirit of long‑term partnership.

Working in Arundo Re's underwriting department, the underwriter is responsible for underwriting business and monitoring its progress through to settlement. A key player in market and business development, the underwriter works with his or her superiors to define the commercial and underwriting policy for his or her sector. Reporting to the Global Head Life and Health Underwriting, the underwriter will be in charge of managing the Europe and France market and will have the following responsibilities.

1. Underwriting and pricing L&H proposals

• Price its business using the tools made available in accordance with the procedure described in the Underwriting Guidelines and propose the conditions.
• Determine and negotiate acceptance conditions in accordance with the company's underwriting guidelines.
• Participate in the decision to accept the business within the scope of delegated responsibilities and the specific rules defined in the underwriting guidelines.
• Participate in drafting of treaties.
• Enrich and price product offerings, or develop new guarantees by combining the reinsurance offer with services (medical pricing, direct marketing, etc.).

2. Business Monitoring

• Contribute to the development of business relationships in the relevant market and to the quality of subscriptions by proposing appropriate development strategies and ensuring their implementation in accordance with Arundo RE's underwriting policy.
• Check the smooth running of the matters for which the underwriter is responsible.
• Participate in the commutation of affairs.

3. Commercial

• Determine business targets and get approval from Head L&H Business Unit.
• Participate in defining sales policy and pricing parameters for given territories.
• Implement commercial action plans in the market or branch for which the underwriter is responsible.
• Provide advice and technical assistance to client companies, in particular maintaining contact with the technical departments of the transferring companies.
• During business travels, and by analysing existing documents and journals, the underwriter should be self‑informed of the market and its developments in order to acquire the technical, economic and commercial knowledge necessary for information and making acceptance decisions.
• Write up reports on missions and visits.
• Periodically update the customer database set up in the company.
• Contribute to maintaining the level of competitiveness (technical and commercial) of the sector and to promoting the brand image of Arundo RE with customers.

4. Forecasts earnings, results and claims monitoring

• Produce results forecasts for all its underwriting based on information from the ceding company, statistical elements, events, and comparison with results as they occur, in accordance with the procedure.
• Analyze and monitor the portfolio, paying particular attention to its profitability.
• Follow up on claims in the cases for which the underwriter is responsible.
• Check the admissibility and validity of the claim in relation with respect to the policy coverage, in accordance with the claims management procedure.
• Validate claims for cash losses submitted to it.

5. Others

• Participate in the development of the department's various initiatives (subscription and pricing guide, dashboards, etc.) and coordinate them as needed.
• Technology monitoring – Research and Development: may participate in the potential implementation of reinsurance or insurance solutions or arrangements.
• Generate reports and market studies as required and agreed with Head L&H Business Unit.
• Attend required trainings as recommended and approved by HR and Head L&H Business Unit.

Qualifications

• A higher education qualification such as Bac +5 in Applied Mathematics, Statistics or Actuarial Science.
• High level of written and spoken Business English.
• In certain areas, managerial skills are required.
• Specificity – Reinsurance with State Guarantee: Good knowledge of associated legislation and ability to adapt to a constrained framework (example: systematic proposal of coverage).
• Life/Non‑Life Specificity: General skills are expected in mathematics.
• The profile can be a BAC+4 with significant experience in insurance/reinsurance (techniques, products, etc.) in the underwriting of life and personal insurance products.