Risk Analyst - Entry Level Job at WORLDWIDE REINSURANCE LLC, West Palm Beach, FL

  • WORLDWIDE REINSURANCE LLC
  • West Palm Beach, FL

Job Description

Job Description

Job Description

About Worldwide Reinsurance Limited

Worldwide Reinsurance Limited (WRe) is an international reinsurance company providing innovative risk solutions to clients in more than 50 countries. We specialize in underwriting complex risks across Property, Marine, Aviation, Liability, Surety, and other specialty lines.

We are seeking a motivated, analytical, and detail oriented individual looking to build a long term career in one of the most specialized sectors of the insurance industry. No prior reinsurance experience is required. We are looking for someone with strong analytical ability and a genuine desire to learn.

Position Summary

As an Entry Level Risk Analyst, you will work alongside underwriters to evaluate insurance and reinsurance risks from around the world. Through structured training, mentorship, and hands on experience, you will develop the technical knowledge needed to analyze exposures, evaluate underwriting information, and support risk selection decisions.

This position is ideal for recent graduates, career changers, or professionals with strong analytical skills who enjoy solving problems, working with data, and making informed business decisions.

Key Responsibilities

* Review insurance and reinsurance submissions.

* Analyze underwriting information and exposure data.

* Assist underwriters with evaluating and pricing risks.

* Review claims histories and loss trends.

* Prepare underwriting summaries, reports, and presentations.

* Maintain accurate records within company systems.

* Communicate professionally with brokers, clients, and internal departments.

* Data entry into IT platform.

* Assist with portfolio analysis and special projects.

* Perform other duties as assigned.

Qualifications

* College degree preferred ( not required ), or an equivalent combination of education, professional experience, and demonstrated analytical ability.

* Recent graduates and career changers are encouraged to apply.

* Strong analytical, critical thinking, and problem solving skills.

* Excellent attention to detail and organizational abilities.

* Strong written and verbal communication skills.

* Working knowledge of Microsoft Excel and Microsoft Office.

* Ability to learn new software and technical concepts quickly.

* Self motivated with a strong desire to learn and grow professionally.

Preferred Qualifications

Experience or coursework in one or more of the following areas is beneficial but not required:

* Insurance

* Finance

* Accounting

* Business Administration

* Economics

* Mathematics

* Statistics

* Risk Management

* Data Analytics

Additional experience with Microsoft Excel functions, PivotTables, or data analysis tools is an asset, as is prior experience in banking, financial services, insurance, or an office environment.

Employment Structure & Compensation

This position begins as a part-time paid training opportunity designed to provide practical experience and structured instruction in reinsurance underwriting.

Training Position

* Part-time

* $20.00 per hour

* Hands on mentoring from experienced underwriting professionals.

Successful trainees may be offered a full-time salaried position based on performance, aptitude, and successful completion of the training program.

Benefits (Full-Time Employees)

* Employer-provided life insurance

* Employer contributions toward a health insurance plan

* Paid Time Off (PTO)

* Paid sick leave

* Comprehensive on-the-job training

* Company-sponsored professional education and industry courses

* Opportunities to attend national and international industry conferences

* Hybrid/remote work opportunities based on performance and business needs

* Company-issued laptop for business use

* Long-term career growth within an international reinsurance organization

Why Join Worldwide Reinsurance?

Reinsurance is one of the most specialized and intellectually rewarding areas of the insurance industry. Every day presents new challenges as you evaluate risks from around the world, helping businesses recover from natural disasters, major construction losses, marine casualties, aviation events, and other complex exposures.

At Worldwide Reinsurance, you’ll receive mentorship from experienced professionals, gain exposure to international markets, and build a career in a field that offers exceptional long-term growth and professional development.

How to Apply

Please submit your résumé along with a brief cover letter explaining why you’re interested in beginning a career in reinsurance underwriting.

We value curiosity, integrity, analytical thinking, professionalism, and a willingness to learn just as much as previous industry experience.

Worldwide Reinsurance Limited is an Equal Opportunity Employer.

Job Tags

Hourly pay, Full time, Part time, Traineeship, Work at office, Remote work, Worldwide

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