Casualty Underwriting Officer

  • 33423
  • Non-Life - Other
  • |
  • Switzerland
  • |
  • Mar 12, 2018
  • Ensures consistent risk appetite through guideline ownership across the assigned LoB which drives portfolio management and improves underwriting performance.
  • Describes, encourages and enforces a rigorous underwriting process, risk selection and procedure monitoring system.
  • Provides underwriting insight for underwriting tool development. Drives need and requirements for underwriter tools and analytics.
  • Develops, promotes and maintains strategic partnerships both internally and externally.
  • Establishes and monitors Underwriting Key Performance Indicators.
  • Addresses emerging issues and identifies opportunities for growth or change within their LoB.
  • Establishes exposure identification, risk assessment, risk response, control activities and monitoring of the LoB for which position is accountable. Identify data elements needed for profitable growth.
  • Monitors framework for underwriting decisions e.g. authority grants, referrals, technical underwriting reviews.
  • Manages volatility through reinsurance placement and aggregation management.
  • Performs deep dives and profitability reviews.
  • Authorizes delegation to expert underwriters.
  • Oversees design and implementation of rating and pricing tools and methodologies, supported by actuarial team.
  • Supports the LoB underwriting strategy for product development in close collaboration with Proposition Development. Contributes to wider strategy through partnership with respective Global Line of Business management, where applicable.
  • Drives standardization and simplification of product, process and tools across the LoB wherever feasible.
  • Identifies LoB Technical training and develops relational LoB training framework.
  • Risk appetite.
  • Supports in the promotion of underwriting expertise in the external insurance market to maintain the organization’s position and influence.