Vice President, Cyber and Professional Liability

Major Responsibilities

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Team

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·       Build a best-in-class underwriting team including recruitment, retention, development, and performance management.

·       Set strategy, communicate clear objectives and hold individuals accountable for achieving results in a high-performance culture.

·       Coach and support development opportunities to enhance staff effectiveness.

·       Proven team leadership and people management skills, including the ability to motivate staff and inspire a sense of purpose around successfully achieving organizational objectives.

·       Visible and credible business partner within Professional Liability across the organization with key relationships with North American colleagues.

·       Proven negotiation skills gained through established broker/client or broker/underwriter relationships.

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Production

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·       Proven ability to grow a profitable and diversified book of business. Demonstrated ability to develop and grow broker/producer relationships, maintain a high level of visibility and build strong distribution.

·       Develops market-specific strategies and customized approaches based on market conditions, pricing and broker needs.

·       Adapts to multiple demands and shifting priorities.

·       Demonstrates analytical, critical thinking, and problem-solving skills for quick, sound decisions.

·       Leads business development and guides new product implementation.

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Product

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·       Proven ability to draft language efficiently and effectively for new products, endorsements, and applications. Engages in product development as a member of internal drafting teams in collaboration with all stakeholders.

·       Provides the Canadian perspective to global product managers to assist them in understanding the nuances of our market, legal system and loss experience.

·       Develops sound underwriting strategy and holds responsibly for all aspects of execution.

·       Technical underwriting / referral resource for team.

·       Proficient in a broad array of Professional Liability and Financial Lines products, technologies, and processes.

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P&L

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·       P&L Accountability (production, weekly forecasting, monthly/quarterly financial reporting, planning, expense management).

·       Ability to lead and implement change management as required to be responsive to the market and profitability needs.

·       Reports key risk and performance details to Reinsurance Markets, Ceded Re, Senior Leadership and Canadian Board of Directors, as required.

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Process

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·      Collaborates with key internal stakeholders to support lines of business (Executive, Claims, Actuary, General Counsel, Compliance, Marketing, Finance, Operations, IT, Ceded Re).

·      Responsibility for both self-audit and corporate underwriting audit in business tower.

·      Business owner representative for IT initiatives, systems and tools.

Qualifications

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Work Experience

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·      University Degree required; Finance or Business preferred.

·      Minimum of 10 years of previous underwriting/broker experience in relevant product areas.

·      Previous leadership experience required.

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