VP, Treaty Underwriter

  • 34499
  • Non-Life - Underwriting
  • |
  • Bermuda
  • |
  • Jan 9, 2019
Reinsurance
RESPONSIBILITIES
  • Supporting the Head of underwriting Operations to develop the annual business plan for the portfolio.
  • Building and maintaining strong relationships with stakeholders including customers/cedants, brokers, business partners, and colleagues in order to maximize influence.
  • Participating in Underwriting audits, client meetings, marketing initiatives, budget planning as requested by senior department leaders.
  • Measuring and optimizing portfolio progress by reviewing and analyzing underwriting data and monitoring industry best practices to identify improvement opportunities.
  • Actively keeping abreast of market dynamics and demonstrate market cycle awareness in order to operate effectively and appropriately.
  • Building and maintaining relationships with current and potential customers by networking and providing personalized and quality customer service to share and clarify information, provide innovative solutions and maximize company brand.
  • Cultivating profitable book of business according t business unit plan and manage the profitability.
  • Contributing to the review and analysis of the portfolio in order to identify progress toward business objectives.
  • Making entries, as required, properly and promptly on UW systems to ensure accuracy of data, in realation to Underwriting, Aggregate exposures and Accounting.
  • Promoting adherence to the underwriting framework and participate in the review and analysis of the portfolio by participating in internal meetings as required to share and develop strategy, knowledge and best practices.
QUALIFICATIONS
  • Bachelor Degree or equivalent combination of education and work experience.
  • Five years’ relevant experience.
  • Knowledge of risk profiling and pricing tools and loss models.
  • Local market expertise.
  • Excellent understanding of class-specific underwriting and developing reinsurance knowledge.
  • Good knowledge of relevant company’s underwriting systems.
  • Good knowledge of legal and regulatory requirements.
  • Strong organizational and prioritization skills.
  • Strong analytical and decision making skills.
  • Excellent negotiating skills.