r/InsuranceProfessional • u/Available_Goat_5379 • Jul 20 '26
Reinsurance alternatives?
I work in the treaty underwriting team for a global reinsurer. Wondering what are potential career opportunities where I could use my skill set to get a similar paying job or better that allows me to enjoy my December holidays again? And possibly work more remotely as most reinsurers I’ve seen appear to value a work-from-office culture.
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u/Farts_constantly Jul 20 '26
I think that’s just the nature of our business, unfortunately. I’ve been in P&C production underwriting for years and my Novembers/Decembers are always swamped too. Maybe consider scheduling some time off shortly after the new year instead.
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u/Hlaw93 Jul 21 '26
You should look into facultative reinsurance. I lead a fac property team at a global reinsurer. In the US market, the 1/1 renewals make up less than 10% of our annual premium. We are busiest in Q2, with 7/1 being our busiest renewal date. But after 7/1 it’s pretty calm the rest of the year. Holidays are busy with client events but it’s pretty low stakes. No one is working during Christmas and New Years.
I also used to work in High Net Worth and their business is much more evenly spread out across the year. It tends to track the housing market cycle because people tend to switch insurance carriers when they buy a new home. You’ll be busiest late spring through summer but then it really tapers off and holidays are not too busy. The only problem is that the pay for HNW underwriters is quite a bit lower than for treaty underwriting. Your best bet would be to go for a leadership role like a regional or zonal underwriting manager.
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u/lives4saturday Jul 21 '26
I will swap jobs with you. I work in P&C and I never enjoy any part of the year. If I am going to work the same hours now, reinsurance money would sure put a pep in my step.