We have a current opportunity for a AVP/SR UW for Excess Casualty on a permanent basis. The position will be based in Pembroke. For further information about this position please apply.
Key Responsibilities:
- Risk Assessment:
- Analyze data and market trends to assess risks accurately.
- Collaborate with the team to determine appropriate coverage and pricing for excess casualty insurance products.
- Review underwriting submissions, loss runs, and other relevant documents to make informed decisions.
- Portfolio Management:
- Manage the company's excess casualty insurance portfolio, balancing risk and profitability.
- Monitor and analyze portfolio performance, implementing strategies to achieve desired results.
- Collaborate with other departments to develop and enhance products based on market demands and customer needs.
- Relationship Management:
- Cultivate and maintain relationships with brokers, agents, and clients.
- Negotiate terms and conditions with brokers and insured parties.
- Provide exceptional customer service, addressing inquiries and concerns in a timely manner.
- Reporting and Analysis:
- Prepare detailed reports on underwriting performance, market trends, and portfolio analysis.
- Utilize data-driven insights to make strategic underwriting decisions.
- Present findings and recommendations to senior management.
- Team Development:
- Recruit, train, and develop underwriting staff.
- Foster a collaborative and innovative work environment.
- Provide coaching and mentorship to help team members grow professionally.
Qualifications:
- Bachelor's degree in Business, Finance, Insurance, or related field.
- 4+ years of progressive experience in underwriting, or leadership roles.
- Strong knowledge of insurance products, underwriting principles, and risk assessment techniques.
- Exceptional leadership and team management abilities.
- Relevant industry certifications (such as CPCU) are a plus.
Conclusion:
The AVP/Senior of Underwriter for Excess Casualty plays a vital role in shaping the company's profitability and reputation within the insurance market. This role demands a combination of technical expertise, leadership skills, and strategic vision to navigate the complexities of excess casualty underwriting effectively
