National Portfolio Specialist

  • 36494
  • Non-Life - Data Science
  • |
  • Ontario, Canada
  • |
  • Dec 19, 2019
  • |
  • Billingual (English & French)
  • Represent the Farm or Commercial product portfolio as a Subject matter expert on Product training initiatives for Distribution and Underwriting.
  • Ensures effective and efficient loss prevention and compliance strategies and processes are in place. Provides direction for Portfolio Loss Prevention Inspections.
  • Effectively manages and prioritizes multiple business initiatives, projects and ad-hoc analysis with key stakeholders. Provides leadership and direction for projects that impact the portfolio.
  • Consult with Underwriting Managers, Product Specialists and Underwriting Development Manager on case referrals as required. Determines desired capacity requirements for reinsurance guidelines and makes recommendations for any changes needed.
  • Audits underwriting files to ensure guidelines are being followed from a portfolio perspective.
  • Active analysis for assigned portfolio with accountability for recommendations to identify opportunities for growth and profitability improvement. Responsible to develop and implement actions to support those recommendations.
  • Initiates and provides direction to create/amend base portfolio wordings to broaden or restrict coverage. Develops unique wordings in addition to the base wordings. Works with the Product Specialist to ensure approval and sign off on compliance with company standards.
  • Leads the development and formulation of business rules, underwriting guidelines, appetite and philosophy for the respective portfolio.
  • Minimum 10 years extensive and progressive experience in Product environment.
  • Post-secondary education in Mathematics, Data Analytics or Actuarial Science.
  • Chartered Insurance Professional designation required & FCIP preferred.
  • Understanding of the commercial product coverages, pricing, exposure identification and external/internal factors that impact it.
  • Thorough knowledge of policy wordings, endorsements, rate manuals, Insurance Acts/legislation and tools and systems.