Associate Reinsurance Underwriter

Company: American Agricultural Insurance Company
Location: Schaumburg
Posted on: April 3, 2026

Job Description:

Job Description Job Description AmericanAg®, a global provider of diversified reinsurance solutions, is seeking an Associate Reinsurance Underwriter to work out of our Schaumburg, IL office. This will be a hybrid role working in the office a minimum of three days a week. There will be approximately 30% travel in this position. The Associate Reinsurance Underwriter will be responsible for the profitability of property and casualty reinsurance portfolios, assisting in research, developing insights on trends impacting reinsurance portfolio performance, and advising on underwriting risks. If you are interested in building a career in the insurance industry, this might be a great fit for you. Specifically, the Associate Reinsurance Underwriter is responsible for: - Assessing the risk of original policies and evaluating their impact on reinsurance portfolios. - Analyzing the terms and conditions of reinsurance contracts and products to determine the impact on reinsurance underwriting decisions. - Building a close relationship with clients, developing a deep understanding of their portfolios, and providing guidance acceptability of risks, and treaty terms. - Assisting in the preparation for and conducting reinsurance underwriting reviews. - Developing relationships with other departments to respond to clients’ reinsurance needs by analyzing data and insurance markets. - Reviewing and reporting inconsistencies in reinsurance bordereau reports, referrals, and special acceptance requests. - Developing an understanding of treaty and facultative underwriting results. - Developing innovative methods to gain actionable insights from reinsurance portfolios, enabling better risk management decisions. - Contributing to the achievement of departmental and organizational goals and other projects. What is needed for this role: - Bachelor’s degree required; degree in insurance, risk management, finance, or business preferred. - Prior work or internship experience in insurance, finance, or customer service preferred. - Foundational knowledge of insurance concepts and industry practices is a plus. - Proficiency with Microsoft Office products, especially Excel. - Strong analytical, critical thinking, decision making, and problem-solving skills. - Excellent organizational and time management skills; ability to multi-task and handle multiple priorities often under tight deadlines. - Ability to collaborate and work successfully in a team environment. - Strong interpersonal, verbal and written communication skills; along with the ability to build and develop professional relationships The expected starting salary range for this position is between $65,000-$80,000. Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. This position is also eligible for an annual bonus. For information regarding our benefits, please click here. We do not sponsor employment visas and are unable to take over an employment visa from another employer. Applicants must be authorized to work in the U.S. for ANY employer without the need for employment visa sponsorship. Who We Are: Since 1948, AmericanAg® has provided reinsurance services that promote the financial strength and success of its clients. We are a direct provider of reinsurance to the Farm Bureau® insurance companies and also participate in assumed U.S. and international reinsurance programs through the broker marketplace. Learn more at aaic.com. Reasons to Consider AmericanAg® At AmericanAg® you’ll work alongside a diverse team of highly educated and experienced professionals. We foster a dynamic culture where innovative ideas are championed and brought to life and where employees are appreciated, engaged, and encouraged to reach their full potential. AmericanAg® participates in E-Verify. Learn more about applicant rights under Federal Employment Laws.

Keywords: American Agricultural Insurance Company, Skokie , Associate Reinsurance Underwriter, Accounting, Auditing , Schaumburg, Illinois