Senior Underwriting Manager
3 weeks ago
Unlock your potential in a challenging role with DGA Careers, where you can develop your skills as a Senior Underwriting Manager - Property Risk. Located in Toronto, this opportunity will see you working for a Global Insurance Leader, based downtown.
Job OverviewThis is a highly complex role that involves the comprehensive management of a large Property book, including Equipment Breakdown. You will be recognized by brokers as a Large-Risk Managed Property underwriter and a technical expert in Property underwriting. Working under general management direction, this role has broad authority on assignments characterized by high technical complexity and careful coordination.
Main Responsibilities- Work on highly complex underwriting risks employing systematic analysis to assess acceptability of risks.
- Determine the appropriate pricing of complex risks for assigned business based on financial and competitive analysis in line with compliance requirements and with little oversight needed from superiors.
- Analyze the quality, quantity, and profitability of highly complex risks underwritten.
- Analyze and accept various Insurer policy wordings and also manuscript wordings. As necessary, develop policy language and/or specialized endorsement for Property programs.
- Market products and services through the brokerage community and make field visits.
- Develop and maintain broker relationships to reach positive and profitable outcomes on complex, high-risk business.
- Mentor and guide less experienced underwriters and assist in the development of underwriting training.
- Contribute to underwriting projects and presentations.
- Advanced technical expertise, underwriting skill, and a high level of knowledge of insurance and underwriting principles, practices, and procedures.
- Experience underwriting industrial, manufacturing, infrastructure, power & utility, and mining accounts is an asset.
- Regularly scrutinized Risk & Underwriting Reports and apply findings to fundamental underwriting decisions (i.e., line setting, in-class assessments, risk profiles, value of the deal).
- Advanced analytical and problem-solving skills, with the ability to manage and prioritize multiple accounts.
- The ability to work both independently and within a team environment, while also being supportive of the company performance culture.
- Knowledge of Microsoft Office Suite and other business-related software.
We offer a competitive salary in the range of $120,000-$150,000 per annum, commensurate with experience and qualifications.
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