Senior Portfolio Manager
1 week ago
At Zurich Canada, we're seeking a seasoned professional to drive our P&C underwriting strategy in the middle market segment. This critical leadership role requires a strong grasp of risk assessment, pricing, and portfolio management.
Key Responsibilities- Lead key aspects of portfolio management, including profitability, pricing, and growth analysis.
- Conduct regular market analysis to identify emerging risks and opportunities within the middle market segment.
- Assess underwriting strategy relating to performance metrics, data, and insights. Regularly review and adjust the portfolio based on market trends, loss trends, emerging risks, and performance metrics to maintain a profitable and sustainable underwriting portfolio.
- Drive the implementation of underwriting strategy and guidelines, in line with technical standards, middle market business strategy, and best underwriting practices.
- Utilize advanced analytics and historical data, and scenario planning to make informed underwriting decisions and support customer-centric solutions.
- Lead initiatives to develop underwriting guidelines, best practices, controls, and procedures. Operate within established Zurich Risk Policy, Global Underwriting Policy, and underwriting governance policies, establish middle market guidelines, and playbooks where necessary, and operationalize these into best practices.
- Monitor risk appetite consistently for early signals. Implement risk appetite changes based on relevant internal and external data.
- Drive innovation in underwriting practices using technology and data analytics.
- Communicate effectively with internal and external stakeholders (e.g., claims, actuary, risk engineering, brokers, reinsurers) providing insights and updates on performance and strategy.
- Lead and participate in technical underwriting reviews, identify trends, and develop action plans.
- Participate in compliance-related queries, including regulatory reviews and insurance department inquiries, as required.
- Champion ethical behavior and corporate responsibility within the underwriting function.
- We're looking for someone with a minimum of 10 years' P&C commercial insurance experience within the middle market segment, demonstrating strong technical underwriting skills.
- You should have experience managing a risk portfolio and possess a strong knowledge of regulatory requirements and compliance standards.
- You'll be an innovative thinker, leveraging technology and data analytics to improve decision-making and efficiency.
- A competitive total compensation package, including a base salary of $180,000 per year, plus additional benefits and incentives.
- Ongoing training and development opportunities to enhance your skills and expertise.
- A collaborative culture that values diversity of thought and supports continuous improvement.
Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. With over 500 employees in offices across Canada, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets.
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