Reinsurance Program Officer - CDI

ABOUT DESCARTES UNDERWRITING

Join Descartes and contribute to our mission: Building Resilience in a World at Risk .

Descartes is a corporate insurance group for worldwide companies and institutions. Descartes was born from a conviction that the growing complexity of corporate and climate risks demands a new approach to insurance. At the forefront of AI and Data analysis, Descartes utilises cutting-edge technology combined with a new generation of data sources, to model, assess and manage risks.

Since 2019, Descartes has secured a leading position in parametric (re)insurance combining scientific & technological expertise with a new approach. Parametric insurance , also known as index-based insurance, indemnifies clients within days based on pre-defined payout structures when a specific triggering event occurs, the payout process is both fast and transparent. The company has been financed with over $141M by investors including Highland Europe, BlackFin, Serena, Cathay, Eurazeo and Battery Ventures.

Our highly diverse and specialized team of 250+ people includes the largest modelling team in the industry featuring tech and modeling innovators, scientists in physics and climatology, as well as insurance veterans and underwriters. With a global footprint and strong US presence, Descartes serves a diverse portfolio of clients in more than 60 countries, with 20+ offices spread across Europe, Asia-Pacific, Latin and North America.

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ABOUT YOUR ROLE

Descartes Underwriting is seeking a Reinsurance Program Officer to join our Reinsurance Team. You will report to the Head of Reinsurance and you will be a key contributor to the management & extension of our reinsurance programs. The applicant will be in close and effective cooperation with all business units.

Your tasks will include :

• Contribute to building Descartes Insurance’ reinsurance strategy together with underwriting, finance and risk management functions;

• Coordinate Descartes Insurance placements by collecting input from different teams to prepare placement, managing placement timeline and ensuring adherence to processes – collect signatures, document placement,... ;

• Support the reinsurance placements of Descartes Underwriting partners both with traditional reinsurers and ILS actors;

• Report back to underwriting teams and management on reinsurance activities;

• Feed into Underwriting & Operations process with support of Tech teams;

• Prepare presentation for reinsurers/brokers interactions;

• Point of contact for reinsurance related questions internally.

Your missions will evolve in the future as Descartes is growing fast and many exciting projects are waiting for you. It's a unique opportunity to take a closer look inside a fast-growing scale-up with huge ambitions!

ABOUT YOU 

EXPERIENCE & QUALIFICATIONS

• Graduated from a Business, Actuarial or Engineering school;

• From 4 to 7 years of experience (internships and apprentice included) in P&C reinsurance, corporate clients insurance underwriting or consulting active with P&C (re-)insurance clients.

SKILLS

• General understanding of insurance concepts is valued (Accounting, Legal, Underwriting, Pricing models);

• Rigorous, team spirit, creative and meticulous mind;

• Proficiency in French & English is required (verbal and written);

• Excellent communication (written and verbal);

• Coordinate activities across teams;

• Analytical and financial skills.

MINDSET

• Strong communication skills with the ability to network and build relationships;

• Eager to learn more about the insurance industry, climate insurance and emerging risks ;

• Willingness to gradually take ownership on individual reinsurance placements;

• Results oriented, high energy, with the ability to work in a dynamic and multi-cultural environment;

• Excellent team player with an entrepreneurial mindset and value of diversity;

• Strong desire to learn and commitment to the organization’s mission.

WHY JOIN DESCARTES UNDERWRITING?

• Opportunity to work and learn with teams from the most prestigious schools and research labs in the world, allowing you to progress towards technical excellence;  

• Commitment from Descartes to its staff of continued learning and development (think annual seminars, training etc.);

• Work in a collaborative & professional environment;

• Be part of an international team, passionate about diversity;

• Join a company with a true purpose – help us help our clients be more resilient towards climate risks;

• A competitive salary, bonus and benefits;

• You can benefit from punctual home office days.

At Descartes Underwriting, we cherish the value of diversity whatever it may be. We are committed to fighting against all forms of discrimination and for equal opportunities. We foster an inclusive work environment that respects all differences.

With equal skills, all our positions are open to people with disabilities.

RECRUITMENT PROCESS

• Step 1: HR Interview with our Talent Recruiter

• Step 2: Remote Manager interview

• Step 3: In person Technical project discussion

• Step 4: In person team interview to meet our team and discover our offices