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PartnerRe

Global reinsurer enabling post-event recovery

Head of Underwriting, Insurance Programs

Full-Time
$250k - $330k/yr+ Bonus
Expert
Bachelor's
Stamford, CT, USA
Hybrid
InsuranceUnderwriting

About the job

Requirements
  • At least 10 years of relevant program, insurance, or reinsurance experience, preferably across both casualty and property lines; MGA experience is a plus.
  • Strong knowledge of the excess and surplus market, primary insurance coverage and forms, and manual, exposure, and experience rating techniques.
  • A solid understanding of actuarial and accounting concepts.
  • Managerial experience is preferred.
  • A college or university degree is required.
Responsibilities
  • Have 360-degree involvement in all aspects of the Insurance Programs unit, with particular emphasis on oversight of underwriting.
  • Assist the Head of Programs with production, underwriting, and operations, and develop the knowledge and understanding to manage all aspects of the Insurance Programs unit over time.
  • Lead and support program underwriters through the performance management system, serve as a role model, identify underwriting capability gaps, and coach the team through complex business challenges.
  • Develop and share first-call responsibility with key sources for new programs, and develop new contacts and relationships.
  • Oversee day-to-day activities for the existing program portfolio and programs under review, working with the underwriting team on program management, portfolio reviews, underwriting audits, claims, bordereau monitoring, reinsurance, and financial results.
  • Contribute to development of the Target Operating Model and consult with the Head of Operations as new capabilities launch; help improve the business platform.
  • Become familiar with each portfolio program, including its subject business, underwriting guidelines, accounting, claims handling, and MGA relationship.
  • Research program managers, carriers, and competitors to understand the Insurance Programs landscape.
  • Support program underwriters with day-to-day oversight of existing programs and anticipate potential issues.
  • Improve the qualitative and quantitative sophistication used to evaluate new opportunities and maintain in-force programs, including underwriting documentation and rationale, audit reports, and key metric tracking.
  • Attend Target Markets events, communicate the business proposition, and lead discussions with potential customers.
  • Support the Target Operational Model project, advise on emerging issues, and anticipate procedural deficiencies before finalization.
  • Evaluate and review reinsurance for new and existing programs to ensure PartnerRe’s net position and coverage are appropriate.
  • Establish and develop relationships with key brokers and program managers in the marketplace.
  • Review the Insurance Programs Risk Appetite annually and assess its alignment with PartnerRe’s broader appetite.
  • Ensure overall compliance with Internal Audit directives.
Desired Qualifications
  • Experience across both casualty and property lines is preferred.
  • MGA experience is a plus.
  • Managerial experience is preferred.

About the company

P

PartnerRe

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PartnerRe operates as an international reinsurer, providing risk transfer and capacity to primary insurers so they can share or transfer exposure to large and small risks. Its products come from reinsurance agreements (treaties and facultative deals) that spread risk, improve capital efficiency, and stabilize insurers’ balance sheets after losses. The company relies on underwriting expertise, risk assessment, and capital to quote prices and manage assumed risk from clients around the world. PartnerRe differentiates itself through its international footprint, a strong capital base, and a reputation for financial stability that supports rebuilding businesses and communities after risk events. Its goal is to help insurers manage exposure and ensure resilience by providing reliable risk transfer, capital support, and post-event recovery capacity on a global scale.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Bermuda

Founded

1993

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Simplify's Take

What believers are saying

  • Net investment income rose $67 million to $491 million in first-half 2026.
  • Non-life underwriting profit reached $396 million, led by specialty's 78.4% combined ratio.
  • Niall Mulvey's Life and Health underwriting leadership strengthens diversified earnings after July 2026.

What critics are saying

  • July 30, 2026 net income ROE was only 8.1%, exposing investment volatility.
  • July 2026 leadership changes in retro, cat, and North America signal execution churn.
  • GIFT City expansion needs Ankur Gupta to win Indian clients before 2027 renewals.

What makes PartnerRe unique

  • PartnerRe's July 30, 2026 results showed $689 million operating income and 12.6% ROE.
  • February 13, 2026 AM Best affirmed PartnerRe's A+ Superior rating with stable outlook.
  • February 25, 2026 GIFT City approval extends PartnerRe's global underwriting into India.

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Benefits

  • Wellness Program
  • Flexible Work Hours
  • Remote Work Options
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Conference Attendance Budget
  • Professional Development Budget
  • Family Planning Benefits
  • Fertility Treatment Support
  • Stock Options
  • Company Equity
  • Health Insurance

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

7%

2 year growth

7%
Reinsurance News
Sep 4th, 2026
Conduit Re announces three senior underwriting appointments to Property team.

Conduit Re announces three senior underwriting appointments to Property team. Conduit Holdings Limited, the ultimate parent company of Conduit Re, a Bermuda-based multi-line reinsurance business, has announced three senior underwriting appointments to Conduit Re's Property team. Aaron Coates has been appointed Head of Property. In this role, he will oversee Conduit Re's Property portfolio and team. He brings more than 25 years of reinsurance and retrocession experience across the Bermuda, London and insurance-linked securities (ILS) markets. Coates joins Conduit Re from PartnerRe, where he most recently served as SVP and Senior Underwriter, Global Catastrophe, where he helped develop a new Property Retro Portfolio. Prior to that, he was Executive Director - Sourcing at Twelve Capital and also served as Underwriting Manager - Property Reinsurance at Barbican Insurance Group. Mark Mitchell has been named Head of US Property. He brings more than 15 years of reinsurance industry experience in Bermuda, with a particular focus on the North American property market. Mitchell also joins Conduit Re from PartnerRe, where he spent the past 10 years, most recently serving as SVP and Lead Underwriter, North America Catastrophe. Before PartnerRe, he served as Underwriter - Property at Argo Group. Conduit Re also announced the appointment of Dacotah Baksh as Property Underwriter. Baksh joins Conduit Re from PartnerRe and brings more than eight years of reinsurance experience in Bermuda. Most recently, she served as AVP and Underwriter - Assumed Retro & International Cat at PartnerRe, where she contributed to the global catastrophe portfolio. Before that, she held roles at Elementum (Bermuda) Ltd., Willis Re and Aon. Stephen Postlewhite, Chief Underwriting Officer, said, "We are delighted to welcome Aaron, Mark and Dacotah to Conduit. Their broad expertise in the property reinsurance market will be invaluable as we execute on our underwriting strategy."

Haggie Partners
Sep 4th, 2026
Conduit Re announces senior underwriting appointments to the property team.

Conduit Re announces senior underwriting appointments to the property team. * Haggie Partners * September 4, 2026 * in Conduit Re Conduit Holdings Limited, the ultimate parent company of Conduit Re, a Bermuda-based multi-line reinsurance business, is pleased to announce three senior appointments that further strengthen Conduit Re's expertise across US and global property reinsurance. Aaron Coates has been appointed head of property, Mark Mitchell head of US property and Dacotah Baksh has been appointed property underwriter. Aaron brings more than 25 years of reinsurance and retrocession experience across the Bermuda, London and insurance linked securities (ILS) markets to Conduit Re. He was most recently SVP and senior underwriter, global catastrophe, at PartnerRe. As head of property, Aaron will oversee Conduit Re's property portfolio and team. Mark joins the Conduit property team from PartnerRe, where most recently he was SVP and lead underwriter, North America catastrophe. He brings more than 15 years of reinsurance industry experience in Bermuda, with a particular focus on the North American property market. As head of US property, Mark will oversee Conduit Re's US property portfolio. Dacotah joins Conduit Re from PartnerRe and brings more than eight years of reinsurance experience in Bermuda. Most recently, she served as AVP and underwriter at PartnerRe, where she contributed to the global catastrophe portfolio. Stephen Postlewhite, chief underwriting officer, said: "We are delighted to welcome Aaron, Mark and Dacotah to Conduit. Their broad expertise in the property reinsurance market will be invaluable as we execute on our underwriting strategy."

Reinsurance News
Sep 2nd, 2026
Bermuda reinsurance market hits record $197.5bn in 2025, ABIR reports.

Bermuda reinsurance market hits record $197.5bn in 2025, ABIR reports. Bermuda's global reinsurance market recorded its highest level of gross premiums and revenues in 2025, according to new figures from the Association of Bermuda Insurers and Reinsurers (ABIR), the industry association representing Bermuda's leading insurance and reinsurance companies. ABIR's 2025 Global Underwriting Report found that participating members generated $197.5 billion in gross premiums and revenues during the year, up from $188.8 billion in the previous report. The results also showed increases in investment income, net income and total equity among the companies taking part in the survey. The report was based on responses from 27 ABIR members, compared with 25 participants in 2024. Gross premiums written rose by $8.6 billion, representing a 4.6% year-on-year increase. ABIR said two additional participants accounted for around $850 million of the increase, while five of its larger members recorded individual premium growth of at least $1 billion. Mark Cloutier, Chair of ABIR, commented: "2025 was one of the strongest years ever recorded for the Bermuda market, with our member companies recording a 4.6% year-over-year increase in premiums written as well as a 16.6% increase in total equity. The Bermuda market remains extremely well-capitalised and continues to build on its historic global dominance in property coverage by growing a diverse array of specialty lines including: cyber, mortgage, political and terrorism risk, credit, transactional liability and financial lines coverage." ABIR said the overall increase in premiums was achieved against a backdrop of relatively stable premium volumes for a number of participating insurers. The association attributed this to what it described as continued market discipline, with companies generally taking a measured approach to growth rather than seeking additional market share through significant increases in premium volumes while rates were falling. The figures indicate that premium growth was concentrated among certain participants rather than being evenly distributed across the market, according to ABIR. The association said this reflected a selective approach to expansion rather than widespread aggressive growth. Investment income was a particularly strong contributor to the financial results. ABIR reported a $5.9 billion increase, equivalent to 34.8%, taking investment income from $17.4 billion to $23.4 billion. Net income also rose by $5.9 billion, or 22.4%, to reach $32.8 billion. ABIR noted that the result included the impact of substantial losses associated with the California wildfires. Capital levels also strengthened during the year. ABIR reported that total equity across participating members increased by $29.6 billion, or 16.6%, from $178.1 billion to $207.7 billion. Around $3.9 billion of this increase was attributable to the two companies newly included in the survey. ABIR said the underlying increase remained significant after taking the additional participants into account, indicating continued capital accumulation among its members and an improvement in their aggregate financial position. The survey covers companies conducting insurance and reinsurance business from underwriting centres in Bermuda as well as the UK, Europe, Asia, North America and South America. ABIR said the geographic reach of its members reflects the international nature of Bermuda's insurance and reinsurance market. The association also pointed to continued expansion beyond traditional property business. According to ABIR, Bermuda-based insurers and reinsurers are increasing their activity across specialist areas such as cyber, mortgage, political and terrorism risk, credit, transactional liability and financial lines. Bermuda's position among the world's largest reinsurers was also highlighted in AM Best's World's Largest Reinsurers publication. ABIR said four Bermuda reinsurers - Everest Re, RenaissanceRe, Arch and PartnerRe - were included among the publication's top 10 global reinsurers. In addition, ABIR said 15 of the companies included in AM Best's ranking of the world's 50 largest reinsurers are members of the association. John Huff, President & CEO, ABIR added: "The ABIR 2025 Global Underwriting Report reflects the continued growth and strong financial performance of our members and Bermuda continues to be a leading world re/insurance market." "I would also like to take this opportunity to highlight the four Bermuda reinsurers named on AM Best's top 10, global reinsurers group list - Everest Re, RenaissanceRe, Arch and PartnerRe. A total of 15 companies named in AM Best's World's 50 Largest Reinsurers publication are ABIR members, additionally highlighting Bermuda's continued global significance."

Globe Banner
Jul 30th, 2026
PartnerRe Ltd. reports $447 million net income for first half of 2026.

PartnerRe Ltd. reports $447 million net income for first half of 2026. By A. C. Angeles July 30, 2026 PartnerRe Ltd. announced on July 30 its financial results for the first half of 2026, reporting a net income attributable to the company of $447 million and an operating income of $689 million. The Bermuda-based reinsurer recorded gross premiums written totaling $5.42 billion, with non-life gross written premiums at $4.10 billion and life and health gross written premiums at $1.32 billion. The company's return on equity stood at 1%, while operating income return on equity was reported at 6%. The non-life business generated an underwriting profit of $396 million, with the property and casualty segment contributing $190 million at a combined ratio of 88.9%, and the specialty segment contributing $206 million at a combined ratio of 78.4%. The life and health business produced a net allocated underwriting profit of $76 million, which the company said reflected strong technical performance and portfolio diversification. Net investment income increased by $67 million to reach $491 million during the period, despite unrealized losses on fixed maturities and short-term investments amounting to $185 million within an overall net investment return of $141 million. Chief Executive Officer Philippe Meyenhofer said, "PartnerRe delivered strong first-half 2026 results, generating operating income of $689 million and an operating return on equity of 12.6%. Our Non-Life business produced a solid underwriting performance with a combined ratio of 85.1%, while our Life and Health business continued to contribute meaningfully to earnings, generating a net allocated underwriting profit of $76 million. We also achieved strong growth in net investment income, which reached $491 million. These results demonstrate the strength and resilience of our diversified business model, the quality of our underwriting and investment performance, and our disciplined approach to creating long-term value for clients and brokers and our shareholder."

PartnerRe
Jul 30th, 2026
PartnerRe Ltd. reports first half 2026 results.

PartnerRe Ltd. reports first half 2026 results. Pembroke, Bermuda, July 30, 2026 - PartnerRe Ltd. ("the Company") today reported first half 2026 results Highlights * Gross premiums written of $5.42 billion * Non-life gross written premiums of $4.10 billion * Life and Health gross written premiums of $1.32 billion * Net income attributable to PartnerRe Ltd. of $447 million and return on equity of 8.1% * Operating income of $689 million and operating income return on equity of 12.6% * Non-life underwriting profit of $396 million and Non-life combined ratio of 85.1% * Life and Health net allocated underwriting profit of $76 million * Net investment income of $491 million PartnerRe delivered a net income of $447 million and operating income of $689 million in the first half of 2026. The Non-life business produced an underwriting profit of $396 million. The P&C segment contributed $190 million at a combined ratio of 88.9% and the Specialty segment contributed $206 million at a combined ratio of 78.4%. Its Non-life business continues to demonstrate strong underlying performance. The Life and Health business produced a net allocated underwriting profit of $76 million. The result reflects strong technical performance and the benefit of its diversified portfolio, contributing to the group's overall earnings performance. Its investment portfolio generated a net investment return of $141 million, which included unrealized losses on fixed maturities and short-term investments of $185 million. Net investment income increased by $67 million to $491 million. Reinvestment yields continued to exceed the average book yield and, combined with growth in the asset base, contributed to higher net investment income in the first half of 2026. PartnerRe Chief Executive Officer Philippe Meyenhofer commented, "PartnerRe delivered strong first-half 2026 results, generating operating income of $689 million and an operating return on equity of 12.6%. Our Non-Life business produced a solid underwriting performance with a combined ratio of 85.1%, while our Life and Health business continued to contribute meaningfully to earnings, generating a net allocated underwriting profit of $76 million. We also achieved strong growth in net investment income, which reached $491 million. These results demonstrate the strength and resilience of our diversified business model, the quality of our underwriting and investment performance, and our disciplined approach to creating long-term value for clients and brokers and our shareholder."