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SR Property Underwriting Team Leader 
(Job)

adzuna-us  |  United States  |  

Ref:
ADZUNA-US-ECYC4
Direct:
Employer:
Location:
United StatesUnnamed Road, IL, 60601
Category:
Other/Other
Work Type:
Permanent
Work Time:
Full Time
Tags:
job,united-states,adzuna

Description 

Job Purpose/RoleThe SR Property Underwriting Team Leader will handle a production underwriting territory while also managing a team of underwriters within the Property line of business.

In addition the SR Property Underwriting Team Leader will:

- Lead and manage senior underwriting team and technical referral point for underwriters

- Ensure underwriters comply with underwriting authority; and pricing and rating guidelines.

- Develop and maintain strong relationships with producers and clients in partnership with Market ManagementKey Responsibilities

- Underwrite Profitable business

- Underwrite new and renewal accounts to meet top and bottom line targets

- Negotiate price and terms and conditions with producers

- Proactively manage capacity

- Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios

- Serve as initial referral point for underwriters handling risks outside of their authority

- Responsible for you and your team to underwrite within line with LoB governance framework - e.g.

Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles

- Ensure contract certainty is achieved on all accounts at time of inception

- Ensure utilization of global pricing tools

- Ensure placing and binding of FAC Reinsurance prior to policy inception

- Policy Documentation and Administration

- Ensure accurate policy documentation issued to producers (where AGCS responsibility to do so) or producers has issued documentation (where producer responsibility

- File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled

- Proactively support completion of policy administration and credit control processes

- Audit underwriters files to ensure compliance and evaluate underwriting strengths and weakness of individual underwriters

- Market Management and Key Business initiatives

- Proactively support acquisition of new business and retention of existing business (including client and producer negotiations where necessary)

- Proactively liaise with MMC on market management initiatives

- Generate new producer relationships

- Participate / contribute to key projects

- Training and development of team and referral point for other underwriters

- Participate in cross regional activities as required / requested

- Positively represent AGCS externally to the market

- Proactively drive involvement of functional areas in Underwriting process, including e.g.

MMC, ARC, Claims, Operations

- Develop and maintain strong relationships with key producers and clients and other relevant stakeholders (e.g.

risk managers)Key Requirements/Skills/Experience

- Proven track record in Underwriting profitable business in Property with c.

10 plus years' experience; demonstrated leadership skills

- 11 years of demonstrable, established relationships with brokers at peer group level and well established within local market

- 11 years of In depth understanding of Property products and portfolio, as well as regional / local Property insurance markets and competitor landscape

- 11 years of understanding of legal and regulatory framework

- Bachelors’ Degree - Preferably Degree in Economics, Law, or other appropriate discipline

- Certification - Completion of professional insurance qualification (e.g.

CII)

- IT skills (Office applications): Use general office application tools e.g.

Power Point, Excel, Word.

- Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards relevant to Property

- Portfolio Management: Manage the underwriting books.

Analyze trends and scenario plans from which portfolio strategies can be developed and implemented.

- Pricing: Analyze current performance against various benchmarks with a view to ensure adequate progress and satisfactory performance

- Market Management: Apply the knowledge of how the market operates and functions, the business needs and customer needs

- Analytical Skills: Ability to analyze highly complex data, from multiple sources, in detail; identify and resolve issues before they transpire

- Influencing skills: Ability to persuade and motivate others to act, without executive authority

- Communication & Presentation: Ability to express ideas and messages clearly, both written and verbally.

Ability to "sell" an improvised or prepared audience winning story

- Coaching: Ability to advise, instruct, direct, and guide as a coach to help someone develop his/ her skillsJob SummaryFunctional Area: UnderwritingHierarchy Level: ManagementReference ID: AGCS-6642531-2