Underwriting Services Analyst

Odyssey Reinsurance Company (OdysseyRe) is the global reinsurance arm of Odyssey Group, one of the world’s leading providers of reinsurance and specialty insurance. OdysseyRe offers a broad range of property, casualty, and specialty reinsurance products, providing capital and risk management solutions for clients to efficiently manage economic risk, through a network of branch and representative offices across North America, Latin America, EMEA (Europe, Middle East & Africa), AsiaPacific and London.

OdysseyRe is an equal opportunity employer with excellent benefits and a strong commitment to providing training and opportunities for our staff. We provide employees an innovative, enriching environment and take great pride in their career growth.

OdysseyRe is rated A+ (Superior) by AM Best and AA- (Very Strong) by Standard and Poor’s. Odyssey Group is a subsidiary of Fairfax Financial Holdings Limited, which is traded on the Toronto Stock Exchange under the symbol FFH.

Title: Underwriting Services Analyst

Position Summary: 

The Underwriting Services Analyst is responsible for supporting the Treaty Underwriting department with the daily workflow and administrative functions.

Essential Functions:

• Enter new and renewal treaty submissions into applicable systems.
• Assist in submission clearance and recording of management information in the department’s information systems.
• Process endorsements and new/renewal treaty reinsurance programs.
• Process broker of record changes.
• Update Ceding Company and Broker information in the Phoenix system (as needed).
• Process final premium adjustments.
• Work closely with the Accounting team to analyze and resolve discrepancies and open cash application.

• Extract management reports from Phoenix and assist in preparing data for analysis and management reporting.

• Prepare various Excel spreadsheets utilized in Treaty management.
• Act as key contacts for internal and external audit questions.
• Assist underwriters as requested/needed.
• Handle special projects as assigned.
• Perform other related duties as required to achieve the goals and objectives of the company and department.

Job Requirements: Skills, Knowledge & Ability:

• Knowledge of insurance/reinsurance terminology.
• Strong communication and interpersonal skills.
• Sound judgment in responding appropriately to concerns and requests.

• Maintain confidentiality of company-sensitive data.

• Professional demeanor.
• Comprehension of underwriting requirements, rating and pricing, and processing requests for program changes.
• Takes initiative, detail oriented, organized, ability to work independently.
• Ability to prioritize workloads and meet deadlines with a high level of accuracy.
• Proficient in Word, Excel, Outlook and various internal systems.
• Exposure to Phoenix a plus.

• Keep Manager informed of activities and situations which will impact the achievement of corporate and department goals and objectives.
• Seasonal overtime may be required.

Education and Experience: 

• College degree, certificate or relevant work experience
• Minimum of 3 years of related work experience

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