Job Description

 

Underwriter,  Delegated Authority

Based Downtown Toronto 

Work for a reputable global organization 

 

The Underwriter would work within our Delegated Authority team and would report to the General Manager in Canada.

 

 imary responsibilities:

 

  • Profitable management and development of a portfolio of Delegated Authority (DA) Business
  • Monitoring activities of Managing General Agents (MGA) in accordance with established DA control framework.
  • Identification and evaluation of new DA opportunities.

II. Responsibilities

  • As an Underwriter within the DA team the individual would have underwriting responsibility for a portfolio of Canadian MGA’s across various lines of business.
  • Monthly monitoring of the performance of the agents through analysis of KPIs and Management Information. Bring any issues to the attention of the Head of Branch and recommend the appropriate course of action to address.
  • Work with Home Office Reinsurance Team to ensure adequate reinsurance protection is in place for each of assigned MGAs.
  • Assist Head of Branch with Quarterly Branch Underwriting Report and with Business Board presentation.
  • Coordinate and chairing of all regular and exceptional meetings with or in relation to assigned MGA’s.
  • Conduct at least annual underwriting file audits of assigned MGA business
  • Coordinate annual operational audits of assigned MGAs
  • Handle one off special acceptance requests from agents. Provide technical guidance to MGA underwriters.
  • Develop and update underwriting authorities for MGAs.
  • Identification and evaluation of new DA opportunities in accordance with established DA take-on process and Branch risk appetite.
  • Monitoring activities of Managing General Agents (MGA) in accordance with established DA control framework.
  • Work closely with Claims Manager in reviewing all large losses from assigned MGA portfolio.
  • Work with Underwriting Assistant on matters related to reporting and compliance.

 

 

 

  • French would be an asset 
  • CIP and or CRM designation as well as a post-scondary degree
  • Proficient with Microsoft Excel 
  • Minimum of 5 years of Property & Casualty underwriting experience
  • Experience Underwriting some or all of the following Specialty Lines would beneficial: E&O, Builders Risk, Environmental, Wrap Up Liability, D&O
  • Preferably experience in an Insurance Company environment

  

  • Ability to work independently in a fast past environment
  • Willingness to travel within Canada and overseas as required.
  • Strong at multi-tasking
  • Works well in a small team
  • Strong written and verbal communication skill
  • Flexibility and problem solving skills.

 

 

If interested in this opportunity please contact Antonella Leone via email at antonella@dgacareers.com or call at

647-624-9609.   

Job Posting Details

Job Type

Full-Time

Market Segment

Insurance

Company Type

Recruiting Consultants

Languages Required

English

Education Required

CIP
CIP Partial Completion
CRM
University Degree

Minimum Experience Required

3 to 4 Years

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