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Principal Property Treaty Reinsurance Underwriter (Open to Remote)

American Family Insurance

RemoteWI MadisonPrincipal$131k – $220k/yr
Sign in to applyVerified 2h ago
Location
WI Madison
Work model
Remote
Level
Principal
Salary
$131k – $220k/yr
Posted
Aug 25, 2026

About this role

At American Family Insurance, we're building a culture where people are empowered to do meaningful work, grow their careers, and make a real difference in the lives of our customers and communities. We believe in supporting our employees with a collaborative environment, a strong sense of purpose, and opportunities to innovate and lead. Joining American Family means being part of a company that values inclusion, encourages development, and is committed to protecting what matters most—while helping you thrive both personally and professionally. As a Senior Treaty Reinsurance Underwriter with American Family Insurance, you will be responsible for prospecting, relationship management and underwriting analysis on new and existing global property treaty reinsurance business. Develop broker and customer relationships to position AmFamRe as a preferred partner for existing and prospective clients. Evaluate complex risks and exposures, pricing structures, rates, terms and conditions, in accordance with corporate reinsurance guidelines and within given authority levels. Uses developing knowledge of global reinsurance markets to support management in setting the strategic direction of our assumed reinsurance business. Maintain relationships with a range of brokers, cedents and other industry experts to profitably build and manage a worldwide reinsurance portfolio. Join American Family and help shape the future of treaty reinsurance! You will report to the Director, Underwriting & Account Development #LI-REMOTE Position Compensation Range: $131,000.00 - $220,000.00 Pay Rate Type:

Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Primary Responsibilities

Evaluate ceding company financial strength, operating strategy, and market trends to decide whether to accept risk and on what terms (new business and renewals). Analyze exposures for new and renewal submissions using cedent data, experience, and available market information. Review broker/customer requests and determine acceptable coverage that meets critical insurance and service needs. Underwrite the program structure by assessing cedent operations, hazards, expected losses/expenses, financials, and loss history; consider attachment probability, limit exhaustion, exposure changes (amounts/locations/concentrations), rating plans, loss trends, and inuring reinsurance to set participation and pricing thresholds that meet target returns; own underwriting recommendations. Evaluate treaty contracts and wording; manage documentation workflow and ensure required fields/terms are captured within authority limits. Build and maintain strong broker and client relationships to retain profitable business. Recommend participation levels aligned to business goals, long-term profitability, and enterprise risk appetite. Conduct client audits as needed to confirm cedent processes comply with contract terms and corporate objectives. Serve as audit SME for internal partners; lead and deliver assumed reinsurance projects of varying complexity across cross-divisional teams and multiple concurrent initiatives. Specialized Knowledge & Skills Requirements Demonstrated experience providing customer-driven solutions, support or service. Demonstrated experience analyzing complex financial statements, hazards, coverage, losses, pricing terms, and competitive positions. Demonstrated experience communicating and presenting complex global treaty findings and recommendations to internal and external contacts. Demonstrated experience managing and leading large, complex projects. Demonstrated experience working with reinsurance brokers and ceding insurance companies to successfully create new reinsurance business opportunities. Demonstrated reinsurance experience underwriting new business, retention and other goals. Extensive knowledge and understanding of the global reinsurance industry, its market, regulatory constraints,

Listing verified 2h ago. Applications go through the company's official careers site.

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Principal Property Treaty Reinsurance Underwriter (Open to Remote) at American Family Insurance, WI Madison | Yoinka