Underwriting Analyst

Posted 4 Days Ago
Be an Early Applicant
Hiring Remotely in Bermuda
Remote
Entry level
Insurance
The Role
The Underwriting Analyst will assist with analyzing transactions, client meetings, data modeling, and building relationships with stakeholders and clients.
Summary Generated by Built In
RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

About RenaissanceRe 

For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges.   

 

About the Position 

We believe in an apprenticeship model at RenaissanceRe and have a track record of identifying high potential early career talent and setting them up for success. Our collaborative model thrives on empowering people strategically and tactically. As an Analyst, you will learn by working side-by-side with our underwriters, gaining hands-on experience to develop your understanding of how to make decisions, build client relationships, and manage deals from start to finish. You’ll also work closely with the internal partners who enable our success, including actuaries, risk analysts, weather scientists, IT, operations, finance, and business development. We’re investing in you beyond your first role with us and committed to your career development, whether that’s along the Underwriting track or into an adjacent space like Risk or Analytics. 

 

The successful candidate will be expected to travel across our various locations.  

 

Key Responsibilities 

 

Underwriting & Transaction Support: 

 

  • Review and triage incoming submissions. 

  • Assist in analyzing transactions. 

  • Prepare materials and attend client and broker meetings. 

  • Participate in audits. 

  • Support the underwriting analytical and administrative process, from initial broker contact to providing inputs to underwriters on transactions to servicing post-transaction client requests (jurisdiction dependent). 

Data, Modelling & Analytics: 

  • Extract and review modelling data. 

  • Work with actuarial teams. 

  • Contribute to exposure management. 

  • Support portfolio-level analysis. 

  • Assist with regulatory reporting. 

Collaboration & Relationship Management: 

  • Build relationships with internal stakeholders. 

  • Understand broker and client dynamics. 

  • Maintain client and broker relationships. 

Candidate Qualifications: 

  • Undergraduate degree in analytical fields. 

  • Strong analytical, statistical, and problem‑solving skills. 

  • Excellent communication skills. 

  • Proficiency with Microsoft Office, including Excel and PowerPoint.  

  • Prior insurance or reinsurance exposure beneficial. 

We believe that meeting these requirements will position you for success in the role. However, if you fulfill most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn. 

At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRe’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/ civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law. 


Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.

Top Skills

Excel
MS Office
PowerPoint
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The Company
916 Employees
Year Founded: 1993

What We Do

RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving.

Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval.

We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild.

Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives.

RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business

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