Underwriter Facultative Property
Sydney, Full Time, Insurance
Vacancy Listing Dates 13/10/2021 to 10/11/2021
Please Quote Reference Number 82847
  • Marketing & Underwriting of all Property Facultative business
  • Competitive remuneration package on offer
  • Hannover Re

  • Hannover Re - as a global reinsurer we assume risks from other insurers and work with them to develop innovative products. Some 3,300 experts worldwide from a range of specialist disciplines devote their know-how and passion for their profession to strengthening and expanding our excellent market position on a daily basis. By taking an assuredly different approach to their work, they make us one of the most profitable reinsurance groups in the world.

    If you want to experience how things are done in the team of Hannover Re in Sydney, Australia, start planning your next career step with us and join us on a permanent full-time basis commencing at the earliest possible date.

    The Underwriter role is primarily responsible for the profitable development of the Facultative Property business in the Australian Branch.

    You will be required to provide support in other classes of business as required. These tasks include:
    • Marketing and Underwriting of all Property Facultative business
    • Determining strategies, tactics and growth areas for Engineering and Property business and client coordination with the D&F strategy and the Australian Branch Treaty team
    • Meeting the gross written premium and loss ratio targets for Property business by regular monitoring of performance against the business plan
    • Registration and administration of the contracts
    • Support credit control and accounting reports
    • Regular review and monitoring of the claims
    • Provide internal and external training
    • Provide technical service for Treaty clients, HO and other branches
    • Attend technical conferences and technical training in line with the business objectives and business plan
    • Actively promoting Hannover Re
    • Regular reporting to the Head of P&C
    To be considered for this opportunity, you will need:
    • Appropriate tertiary qualification is highly regarded
    • Full familiarity with Hannover Re IT System, quotation tools and aggregate monitoring procedure in order to transfer Head Office knowledge to local operating unit and local underwriters
    • Established internal network within Hannover Re due to project work
    • International facultative property reinsurance experience of at least 5 years irrespective of qualifications
    • Marketing experience
    A competitive remuneration package will be offered to the successful candidate.

    APPLY NOW and fill in the online application form.


    Please Quote Reference Number 82847

    Please Complete the Details in our Form Below

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    Please Complete this Additional Questionnaire:

    (Q1) Which of the following statements best describes your right to work in Australia?

    (Q2) How many years experience do you have in the Insurance industry?

    (Q3) Do you have an established internal network within Hannover Re? (Please Answer: YES or NO)

    (Q4) Do you have international facultative property reinsurance experience? (Please Answer: YES or NO)

    (Q5) What is your expected annual salary?

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