Position Summary: The AVP, Underwriter markets, analyzes, underwrites, models and services (re)insurance products, to help our company to achieve corporate profitability and growth goals. The position will report to a VP or SVP of Underwriting.
You Will:
๏ท Underwrite a portfolio of property and/or casualty reinsurance business that aligns with our risk and return goals
๏ท Contribute to the mission of the organization by implementing its operational plans and strategies and promoting its corporate values and culture
๏ท Conduct regular client visits communicating underwriting requirements, appetites, and philosophies
๏ท Develop relationships with clients and (re)insurance brokers to ensure flow of desirable business and to cultivate new business opportunities
๏ท Work with the actuarial team to analyze and construct reinsurance treaties to satisfy the needs of our clients
๏ท Obtain supplemental underwriting information, analyze and interpret coverages, and negotiates final terms
๏ท Inform on market trends for line of business and reports on assigned lines of business portfolio
๏ท Contribute to the ongoing improvement of our proprietary models to enhance decision-making in the selection, pricing and underwriting of the portfolio
๏ท Participate in travel to interact with clients and brokers
๏ท May help mentor and develop Analysts
You Have:
๏ท A College or university degree is required, with typically 5-7 years of experience in (re)insurance underwriting
๏ท Exhibits analytical, problem-solving and decision-making skills, and identifies alternative solutions
๏ท Knowledge of global insurance and reinsurance markets
๏ท A deep understanding of policy forms, reinsurance pricing schemes and the role and impact of actuarial, finance and claims in the underwriting process
๏ท An understanding of actuarial concepts and the ability to interpret model results
๏ท A reputation for positively managing relationships with clients and brokers
๏ท React to changing conditions, anticipating and constructively advancing the need for positive change
๏ท Demonstrate sensitivity and respect cultural differences
๏ท Demonstrate social, relationship building and negotiation skills
๏ท Acts courageously, making unpopular decisions in the best interests of the company
๏ท Receptive to new ideas
๏ท Strong communication and collaboration skills
๏ท An understanding of portfolio management
๏ท Travel required