Job Summary Allied World Assurance Company, AG is looking for an experienced Property Underwriter to join our European Reinsurance Treaty Division based in our Zug office. Duties and Responsibilities · Underwrite new and renewal property treaty submissions in compliance with underwriting guidelines, systems and procedures. · Meet regularly with clients and brokers (including required business travel) to discuss existing business, client service and potential areas of development. · Set appropriate terms and conditions following the Company business strategy to quote and indicate on selected risks. · Price and analyse coverage, structure and exposures for a variety of reinsurance products (Proportional and Non-Proportional). · Exercise proper underwriting pricing and discipline to meet profitability goals, complying with underwriting guidelines, systems and procedures. · Responsible for pricing defined accounts via in-house modelling tools and working closely with actuarial pricing team. · Liaise with Claims, Accounting, IT, Legal and other internal departments as required. · Actively manage all aspects of a reinsurance portfolio including claims, trends, market issues and audits (where needed). · Liaise with Claims department on any specific events and losses. · Process contracts in the TIRS (reinsurance) underwriting system. · Input and manage the Portal system and Public Folders, for the portfolio underwritten. · Maintain files and underwriting records in accordance with procedure and ensure all information is saved and named properly. · Stay current with respects to major Industry trends, issues and developments. · Other ad hoc duties as assigned. Person Specification · 10 years’ experience of treaty reinsurance (underwriting or broking). · German and English speaking. · Established expertise with RI products (particularly Property). · Broad Broker and Client relationships in Europe required with the ability to generate new relationships with brokers and cedants. · Contract wording expertise and an in depth understanding of actuarial and cat modelling pricing techniques are beneficial. · Excellent negotiation skills. · Strong communication skills required and comfortable working within an underwriting team sharing views on risk, strategy and market trends. · Ability to multitask, work independently to deadlines and solve problems. Must be highly organized, accurate and detail oriented.