Commercial Underwriter - Programs and Fronting

Senior Underwriter, Programs

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The Opportunity:

Reporting to the Vice President, Fronting & Programs, this national role will be responsible to profitably grow a large portfolio through superior risk selection and strong relationships within the Insurance space. This market-facing role will be required to build, and maintain, a strong relationship with Broking and Managing General Agent partners. The successful candidate will have appropriate P&C technical underwriting expertise to review new and existing programs (focused on delegated underwriting authority), coordinating a comprehensive review of Underwriting strategy and execution, profitability, and performance.

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Duties and Responsibilities:

• Lead the underwriting of an assigned portfolio of programs. This will include coordinating a comprehensive review of profitability, performance, and assessment of risk appetite while involving key stakeholders (actuarial, reinsurance, product, etc.) where necessary.
• Actively manage the relationship and ongoing needs of the existing programs within our portfolios, building and maintaining relationships with MGAs/Brokers, while ensuring service levels are being met by all parties.
• Efficiently triage and lead assigned new business opportunities while meaningfully contributing to new business strategy in accordance with appetite and market trends.
• Work closely with stakeholders across all functional areas to help identify loss trends or concerns and suggest changes to guidelines and strategies to ensure long-term profitability of the segment.
• Review of MGA and Delegated Underwriting Authority contracts, working with Legal, to ensure adherence to standards.
• Support the enhancement of audit protocols, implement, and maintain said protocol of portfolio on programs portfolio where appropriate.
• Demonstrate effective prioritization of workload and provide market-leading customer service for our internal stakeholders, brokers, and clients.
• Challenge the status quo, experiment with new ideas, and help develop an industry leading approach to program business.
• Perform related duties and special projects, as assigned, to assist in ensuring the success of Programs; the Alternative Risk Solutions & Programs team;

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Skills & Qualifications:

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• Minimum 5 years’ underwriting experience (or equivalent) in the Property (preferred) and Casualty insurance space, with increasing levels of responsibility.
• Background and proven track record in growing and managing a portfolio is preferred.
• A clear understanding of the growth opportunities in the market to help inform our growth strategy is considered an asset.
• Experience reviewing underwriting and rate strategy is a strong asset.
• Experience reviewing business from a portfolio perspective, factoring in actuarial analysis and future projections, a preference.
• Experience auditing, monitoring, and reporting on a book of business to management, addressing financial and governance metrics, a preference.
• Ability to collaborate and exercise influence while working cross-functionally and building relationships.
• Post-secondary education including relevant Insurance designation(s)/education is considered an asset.
• Helps drive innovation through a growth mindset, viewing roadblocks as opportunities for growth and supporting new idea testing, training, and ongoing monitoring of changes.
• Ability to multi-task and execute on various requirements, projects, and deadlines.
• Superior time management and delegation skills.

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