Senior Cat Underwriter

Czech Republic Full-time

VIG Re is expanding its International Natural Catastrophe (NatCat) Treaty underwriting capabilities and is seeking an experienced Senior Catastrophe Underwriter to shape and grow a disciplined, profitable portfolio across global perils and regions. This is a high‑impact role at the intersection of analytics, commercial underwriting and portfolio strategy. You will engage directly with key clients and brokers, steer capacity deployment, and partner closely with Cat Modelling to make fast, data‑driven underwriting decisions.

What you can expect

Own and grow the International NatCat portfolio: Lead end‑to‑end underwriting: marketing, structuring, pricing, negotiation, referrals and binding within delegated authority. Shape and execute portfolio strategy across multiple regions and perils, aligned with VIG Re’s disciplined International NatCat strategy. Originate and manage business opportunities while positioning VIG Re as a credible Cat reinsurer.
Drive data‑led UW excellence: Deploy capacity based on modelled and non‑modelled insights, managing aggregate exposures, correlation, regional balance and retrocession dependencies. Collaborate with Cat Analytics & Modelling to challenge assumptions, interpret model outputs, and integrate technical and market views into pricing decisions. Oversee key treaty wording elements and regulatory aspects in partnership with Corporate UW, Legal and Compliance.
Represent VIG Re externally: Build and maintain strong, trust‑based partnerships with brokers and reinsurance clients globally. Represent the company in market forums, conferences and client meetings, including C‑suite discussions.
Portfolio steering & event response: Build a tower view across VIG Re’s entire NatCat book, monitor and steer global diversification. Support event response processes with scenario analysis, reinstatement decisions, vertical adjustments and retro considerations. Provide coaching, guidance and technical leadership to junior underwriters, fostering a culture of analytical discipline and continuous learning.

What we expect

Experience & background: 8+ years of experience in NatCat treaty underwriting with a proven track record of profitable, cycle‑aware growth. Exposure to several international markets (e.g. EMEA, Americas, Asia) strongly preferred. Fluent in English; additional languages are an advantage
Skills & technical capabilities: Deep understanding of Cat treaty structures, technical pricing methods and underwriting economics. Strong literacy in cat modelling concepts (EP curves, TVaR, reinstatement economics, correlation and clash risk, capital constraints). Ability to challenge and interpret modelling assumptions and explain technical considerations to internal and external stakeholders. Solid understanding of treaty wordings and their underwriting and claims implications.
Competencies: Strong commercial acumen and negotiation skills; decisive under uncertainty. Excellent communication, relationship management and market presence. Portfolio mindset: skilled in managing diversification, marginal ROE, tail risk and capacity trade‑offs. Leadership qualities: coaching, feedback, and role‑modelling underwriting discipline.

What we offer

A strategic underwriting role within one of the leading insurance groups in Central and Eastern Europe
Responsibility for shaping and growing a diversified international NatCat portfolio
Close cooperation with Senior Leadership, Cat Modelling, Corporate Underwriting, Risk Management, and Treaty & Facultative Re
Attractive, performance-oriented remuneration package
A dynamic and truly international culture
Being part of an international team with offices located in the heart of Prague, Munich or Paris
Flexible and hybrid work environment
Opportunities for professional development and market exposure