AVP - Commercial Lines Underwriter
3 weeks ago
About the company
A multinational insurance company, they are one of the largest insurance groups in Europe and operates in over 30 countries worldwide.
About the role
- Underwrite all lines of P&C business within delegated Underwriting authority including Marine and Bond business.
- Take the lead in the management and development of the Brokers channel including Financial Advisors.
- Take the lead in the production of profitable business from Brokers' channels with a strong focus on Annual renewable accounts.
- Lead or co-lead annual Business Planning for Brokers and Annual business.
- Active participation during business planning and strategy discussions for all classes of business.
- Service allocated producers (brokers and financial advisors) to provide them with underwriting quotations and query support.
- Deputize key Product Underwriters in their absence.
- Monthly review of the premium target, pricing adequacy, and profitability of the producers within the Brokers' channel.
- Maintain a strong pipeline of Annual accounts including organized tracking of renewal dates, producing source and premium potential.
- Any other duties from time to time assigned by Management or CUO
Requirements
- Experience working in the insurance industry with technical competence in more than 2 classes of insurance as an Underwriter or a Broker
- Handling independently a portfolio of accounts from brokers or agents
- Strong business acumen to understand economics and business models
- Good relationship with producers (agents, brokers, or direct clients)
- Contacts with key Reinsurers will be an advantage
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