Ageas is a listed international insurance Group with a heritage spanning 200 years, offering Retail and Business customers Life and Non-Life insurance, and is engaged in reinsurance activities. As an international company, Ageas concentrates its activities in Europe and Asia through wholly owned subsidiaries and long-term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries where it operates, employing about 50,000 people and reporting annual inflows of over EUR 18,5 billion in 2024. Ageas aims to be a Great place to Grow for all its people, guided by four values: care, share, deliver and dare. It fosters an inclusive culture that values diversity and encourages everyone to get the best out of their talents.
Ageas Re
Ageas Re is organized as a Business Unit within Ageas SA/NV, the Group holding, on whose balance sheet it underwrites third-party and intra-group reinsurance under the trade name Ageas Re. Today, Ageas Re serves clients globally, specializing in property and casualty treaty reinsurance.
Within the Engineering Unit, we are looking for a Junior Underwriter, who will be responsible for supporting the Engineering and Construction Line of Business globally, including Underwriting and Pricing and developing knowledge and responsibilities in all relevant areas and topics, reporting to the Lead Underwriter Engineering.
Your function
You contribute to building the Engineering department, choosing and implementing the relevant tools and procedures;
You help develop the Engineering and underwriting department and ensure it operates efficiently & effectively including portfolio management & monitoring (data management/ aggregation reporting/ quality of risks/ contract review);
You follow the LoB underwriting policy, procedure and guidelines in compliance with Ageas Group’s expectations;
You pro-actively participate in the definition & implementation of the Engineering Underwriting strategy in terms of cedant selection, underlying product scope and product mix as well as geographies;
Over time, you assume responsibility for underwriting quality, technical underwriting results and alignment with risk appetite;
You analyze, negotiate and underwrite engineering and construction reinsurance submissions in line with underwriting guidelines and strategy to make informed decisions together with the Lead Underwriter;
You develop quality business relationships with clients and brokers, perform client visits and portfolio checks to maintain a thorough understanding of cedants’ underwriting approach, technical expertise and evaluation of (pending) claims;
You represent Ageas Re at relevant conferences.
Your profile
You hold a university degree or equivalent education within the reinsurance industry;
You have more than 2 years’ experience as a (re)insurance underwriter in Engineering, with in-depth international underwriting experience in reinsurance;
You give excellent client service and have an in-depth understanding of underwriting and pricing tools;
You are passionate about this LoB and interested in engineering and technology;
You possess a high level of business acumen, including the ability to find creative solutions and deliver on client expectations and requirements;
You are a strong self-motivator and equally inspire others to achieve ambitious goals;
Experience in reinsurance pricing and modelling is a plus.
Our offer
A dynamic, multicultural working environment;
A corporate culture where you are encouraged to share your views and opinions;
A flat organizational structure with close collaboration and communication with management and across departments;
An extensive range of learning & development opportunities;
An interesting and extensive salary package.
Interested?
Please apply online. We look forward to talking to you.
Seniority level
Associate
Employment type
Full-time
Job function
Business Development
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