Job Description
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
Position Summary
We are seeking a seasoned insurance professional to lead underwriting strategy and execution for a designated Line of Business (LoB). This role involves underwriting new and renewal accounts to meet financial targets, managing complex referrals, and collaborating with cross-functional teams including Market Management, Claims, and other product lines. The ideal candidate will have deep expertise in regional insurance markets, strong broker relationships, and a proven track record of underwriting profitable business.Responsibilities and Accountabilities
Participate in the development and execution of regional Underwriting strategy for LoB(s) and work closely with Market Management, Claims and other product lines to achieve key marketing strategies, including cross- selling
Underwrite new and renewal accounts to meet top and bottom line targets
Negotiate price and terms and conditions with producers
Proactively manage capacity Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios (for relevant LOBs)
Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility)
Ensure contract certainty is achieved on all accounts at time of inception and utilization of global pricing tools
Ensure placing and binding of FAC Reinsurance prior to policy inception
Underwrite in line with LOB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles
Proactively support completion of policy administration and credit control processes
Contribute to development and execution of regional Underwriting strategy for LoB regionally
Training, developing and coaching of less experienced staff (including Underwriters)
Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary)
Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate
Develop and maintain strong relationships with key brokers and clients and other relevant stakeholders (e.g. risk managers)
Required Skills and Abilities
4-12 years experience in proven track record in Underwriting profitable business in LoB. Good understanding of LoB products and portfolio
4-12 years experience in demonstrating established relationships with brokers at peer group level and established within market
4-12 years experience in understanding of regional / local LoB insurance markets and competitor landscape
Education and Experience
College degree preferably in Economics, Finance, Insurance Management, or Business Administration
Completion of professional insurance qualification (e.g. CII)
#LI- Remote
#LI- AM3
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
$148,614-$201,066
Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
Apply for this Position
Ready to join ? Click the button below to submit your application.
Submit Application