Job Description

AVP Auto, Techncial Underwriting

Hybrid role - based d/t Toronto 

Job Summary 

To provide technical underwriting expertise to Business Units and Underwriters, acting independently and with minimal direction and as Subject Matter Expert in all aspects of a line of business  or product line, to enable achievement of business plan and the delivery of excellent customer service.

Job Accountabilities - Key Accountabilities

• Operationalize an underwriting business strategy through active engagement with internal and external stakeholders utilizing market and industry data to drive decision making.
• Lead the due diligence for auto on all programs and MGA business and be responsible for developing and conducting training for front line underwriters in line with the company's ambition to provide market leading underwriting education.
• Implement risk appetite changes based on relevant internal and external data.
• Contribute to the development of technical standards, controls and practices in line of business or product line. Working with cross-functional resources, actively drive the implementation of Underwriting strategies (e.g.
• Pricing), propositions, and solutions (e.g. product development, underwriting tools and processes) for a portfolio, line of business or product line.
• Monitor underwriting strategy relating to performance metrics, data and insights.
• Operate in established company's Risk Policy, Global Underwriting Policy and underwriting governance policies, and operationalize the policies into guidelines and best practices.
• Lead initiatives that have a high impact on the development of technical underwriting guidelines, and Best Practices, including controls and procedures.
• Lead projects, aligning appropriate resources, setting project direction and engage work team with successful outcome.
• Provideechnical underwriting guidance to Business Units Leaders and Underwriters in support of the achievement of business plans and proposition development, to find creative solutions.
• Handle complex queries and referrals within delegated authority.
• Assist with approval of terms and conditions and Line of Business-wide issues, enabling Underwriters to write profitable business.
• Provide guidance to lower level associates.
• Take a leading role in contributing to the development of business plans and pricing strategies and alignment of these with Business Unit Strategies.
• Lead key aspects of portfolio management, including analysis to monitor profitability and growth of specialty areas of business. Provide recommendations on aspects requiring change or remedial action.
• Monitor Technical Price accuracy and develops and implements solutions to enhance Technical Price. Drive continuous enhancements of pricing tools in adherence to Technical Price Certification requirements.
• Participate in Technical Underwriting Reviews, identifies trends, and contribute to the development of action plans and agreed upon action items.
• Participate in compliance-related queries, including regulatory exams and insurance department inquiries. Act as subject matter expert to develop underwriting technical training content.
• Ensure successful implementation of key technical initiatives by consulting with executives and other leaders to gain their commitment and improve their business effectiveness.
• Add value by identifying need to modify Strategic Business Unit/Shared Services Unit policies, programs or services and develop cost-effective proposals
• Diagnose and solve complex, ambiguous problems.
• Investigate, recommend strategic technical solutions and ensure post-implementation project review.
• Plan for medium to long-term; develop and implement annual budget for area of responsibility.

Job Qualifications

Bachelors Degree and 8 or more years of experience in the Underwriting area

       Advanced knowledge of line/s of business and the legal and regulatory environment

Strong listening, verbal and written communication 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.

Interested candidates please contact Antonella Leone at 647-624-9609