Job Description

AVP, Energy & Casualty Underwriting 

based downtown Toronto

Technical Expert Required 

Come Work for a Global Reputable Insurer 

 

Job Summary 

To analyze and underwrite highly complex new and renewal business, under minimal direction, utilizing the organization's  underwriting framework as a subject matter expert, while providing clients exemplary service. 

Job Responsibilities 

  • Working under minimal direction, underwrite and analyze new and renewal business within delegated authority levels of highly complex assignments.
  • Demonstrate specialized knowledge and expertise in products and industry.
  • Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating manuals.
  • Work at the highest authority limits on assignments utilizing the highest degree of technical complexity and coordination. Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition and works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions.
  • Support the organization's sales culture by being a Help Point for agents, brokers and customers.
  • Contribute to the development of propositions. Provide technical guidance, assistance, and training to lower level underwriters.
  • Proactively seek renewal and new account opportunities.
  • Complete detailed opportunity assessment with key distributors to identify growth opportunities.
  • Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
  • Make agent/broker/customer and on-sight calls with a planned and well-prepared purpose.
  • Negotiate Terms & Conditions and close deals.
  • Cross-Sell other lines of business to increase product density with the account.
  • Participate in Sales Team meeting as related to assigned brokers and / or territory.
  • Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
  • Update required systems with details of broker / client visits and account status within specified time frame.
  • Serve as key contact for assigned target accounts.
  • Develop strong broker and client networks as related to industries underwritten by Business Unit.
  • Calculate Target Price accurately by utilizing underwriting tools appropriately.
  • Sponsor / lead product development and develop training. 
  • Drive/manage how Business Unit will deal with emerging issues.
  • Resolve technical issues for company.
  • Provide expertise on coverage issues with claims.
  • Develop u/w manuals, programs and guidelines.
  • Handle & review large/complex underwriting submissions and annual underwriting reviews.
  • Benchmark and establish best practices, mentor junior staff
  • Able to work overtime during peak periods, and travel as required

 

Business Accountabilities  

  • Utilize established financial systems and track metrics and key performance indicators to ensure underwriting authority is meeting standards and business goals.
  • Monitor and review work undertaken across a number of small to medium scale projects or a large complex project in order to ensure appropriate use of resources and adherence to schedules.
  • Provide advisory services to colleagues on a daily basis, measuring exposure and analyzing risk in order to provide appropriate coverage that meets the organization´s risk and compliance processes.
  • Research primary data sources, select relevant information, analyze key themes and trends and make recommendations to support operational decision-making such as which coverage to provide.
  • Research best practice and provide consultancy to support senior management in developing and improving processes and systems relevant to underwriting.
  • Assess complex customer cases, evaluate their unique needs and apply technical techniques and know-how to recommend a solution.
  • Build relationships with customers by handling a range of queries and provide advice with the development of an account to create additional value for the organization and customers.
  • Apply rating tools and methodologies to own work area to deliver to customers and offer suggestions for improvements.
  • Advise senior management on appropriate coverage given to customers and/or ensure accurate calculation of earned premium to protect the organization´s interests.

 

Job Qualifications 

  • Bachelors Degree or Equivalent and 7+ years of experience in the Underwriting or Market Facing area.
  • Advanced knowledge and practice of line/s of business
  • Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
  • Ability to effectively assess risk and work in a team based environment. 
  • Knowledge of time restraints for quotes on new and renewal business, as well as strong presentation skills 
 
DGA Careers has been proudly serving the Canadian insurance industry for over 30 years, specializing in providing insurance recruiting services to major insurers, insurance brokerage firms and independent adjusting firms. With offices in Toronto, Vancouver, Montreal, Edmonton, and Calgary, DGA Careers is well positioned to conduct searches with a national scope. Our unrivalled professional network across Canada provides us with the ability to reach vital key influencers and passive candidates nationally.
 
If interested in applying to this opportunity please contact Antonella Leone via email at antonella@dgacareers.com or call at 416-868-6711 x 226 or on cell 647-624-9609

Job Posting Details

Job Type

Full-Time

Market Segment

Insurance

Company Type

Recruiting Consultants

Languages Required

English

Education Required

College
Post Graduate
University Degree

Minimum Experience Required

7 to 10 Years

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225