Hybrid Executive Underwriter bei Canopius Services Ltd
Canopius Services Ltd · Chicago, Vereinigte Staaten Von Amerika · Hybrid
- Senior
- Optionales Büro in Chicago
Responsible for all aspects of marketing and underwriting Excess Casualty risks as part of the Canopius US Excess Casualty team. As the US Excess Casualty product offering represents a newer capability and growth opportunity for Canopius, this role provides a unique opportunity for an entrepreneurial individual to partner with the US Head of Casualty and others in the broader organization to execute on the post-launch growth and management of a profitable portfolio of US Excess Casualty business.
Note: The actual role title and compensation will be dependent upon candidate experience.
Responsibilities
- Execute on and contribute to the further development of US Excess Casualty strategies as a newer market entrant to build and grow a diverse, profitable portfolio of excess casualty business
- Effectively market Canopius’ US Excess Casualty underwriting capabilities and appetite to generate targeted new business submission flow in support of the US Excess Casualty product within the wholesale distribution channel
- Take a lead role in the on-going development of proprietary coverage forms and rating models to support targeted business
- Provide subject matter guidance to other US Excess Casualty team members, as well as direct training and mentorship of more junior team members
- Perform all aspects of the underwriting process including risk assessment, underwriting analysis and prudent risk selection in support of the US Excess Casualty appetite
- Properly rate, quote and bind risks in conjunction with established underwriting guidelines, personal underwriting authority grant, pricing objectives and limit management strategies
- Develop and maintain strong wholesale broker relationships supported by regular in-person meetings and virtual interactions. Identify key broker partners and execute on broker plans to build long-term, sustainable relationships.
- Communicate market intel surrounding competitors and brokers, as well as overall market developments.
- Actively participate in casualty emerging risk discussions and risk development scenario projects as requested
- Ensure all aspects of compliance related to file documentation and underwriting diligence are properly adhered to in accordance with Canopius standards or other regulatory and reporting requirements
- Assist with Peer Reviews as requested
- Assist with the gathering of detailed information regarding underwriting issues and other data required to complete monthly management reports in a timely fashion
- Promote the Canopius brand through active participation and representation at select indusrty events
Provide recommendations supported by market trends and wholesaler broker needs to identify new areas of opportunity and growth to expand upon or evolve Canopius’ US Excess Casualty product offerings and capabilities
Qualifications
- Seven plus years of Excess Casualty specific underwriting experience, ideally including Primary Casualty experience
- Deep casualty underwriting experience and understanding of industry specific coverage nuances and exposures for a broad spectrum of industries and classes of business to effectively support Canopius’ diverse risk appetite
- Experience handling mid-to-large size risks on a non-admitted basis within the specialty E&S segment
- Strong existing wholesale broker relationships
- Desire and ability to travel regularly to establish, maintain and deepen wholesale broker relationships
- Excellent organizational skills and the ability to multi-task in a fast-paced environment
- Self-motivated with the ability to work independently, as well as take the lead in key team projects or initiatives
- Ability to demonstrate critical problem-solving skills in a collaborative and entrepreneurial team environment
- Excellent communication skills, both written and verbal, as well as negotiation skills
- Demonstrates a positive attitude in the face of challenges
- College Degree, as well as CPCU or other industry designations ideal
- IT literacy including advanced skills in Office 365, Word, Excel, PowerPoint, Outlook and other Microsoft Office applications.
Salary Range: $150,000 - $215,000
Company
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory 401k, discretionary bonus, insurances including medical, dental and vision cover, and many other benefits to enhance financial, physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.
At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.
We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.
We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.