Captive Management Underwriter
2 months ago
The successful candidate will be responsible for managing a portfolio of captive (re)insurance companies and providing technical underwriting and claims support across the team.
- Manage the day-to-day delivery of captive management services to clients and be the primary point of contact within WTW for all underwriting and claims queries on captives.
- Maintain an ongoing relationship with clients and gain an understanding of their business and industry.
- Assist in coordinating Board meetings, including the production and issuance of Board packs and minutes for same; presentation of information in a Board meeting environment.
- Liaise with brokers, insurers, reinsurers, loss adjustors, auditors (internal/external), Board/Committee members, lawyers, and actuaries to fulfill the above responsibilities.
- Report to Directors/Committee(s) on all relevant underwriting/claim activities in accordance with the Underwriting and Claims protocol.
- Review annual premium allocation models by country by client where required.
- Prepare/review policy wordings pertaining to underwriting and claims issues, certificates endorsements, reinsurance agreements.
- Ensure that (re)insurance companies under management comply with the respective regulatory authority regulations and filing requirements.
- Production of detailed underwriting accounts, review of premium and claims information, including compilation of claim statistics, assist in budgets/forecasts, reconcile bordereaux to cash payments, arrange for payment of claims, and develop claims analysis for presentation to the client and/or other interested parties.
- Assist the client in premium collection due to the client in relation to the policies written on both direct and reinsurance basis and the payment of applicable reinsurance premiums ceded by the client to the reinsurers.
- Assist in ad hoc projects/systems implementation.", "format": "
At WTW, we are seeking a highly skilled and experienced Captive Management Underwriter to join our team. The successful candidate will be responsible for managing a portfolio of captive (re)insurance companies and providing technical underwriting and claims support across the team.
The ideal candidate will have a strong understanding of the captive insurance industry and be able to provide expert advice on underwriting and claims matters.
The role will involve managing the day-to-day delivery of captive management services to clients, maintaining an ongoing relationship with clients, and assisting in coordinating Board meetings.
The successful candidate will also be responsible for liaising with brokers, insurers, reinsurers, loss adjustors, auditors, Board/Committee members, lawyers, and actuaries to fulfill the above responsibilities.
We are looking for a highly motivated and experienced individual who is able to work independently and as part of a team.
", "keywords": "Captive Management Underwriter, Risk Management Specialist, Insurance Operations Manager"}-
Underwriting Manager
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