P&C Underwriter– Special Risk, MGA
January 12, 2024 by Comma Recruitment
Filed under Jobs
The Special Risks Underwriter is responsible for the evaluation and servicing of unique accounts within the Property and Casualty segment of Specialty Risk
RESPONSIBILITIES:
Responsible for the successful management and pricing of designated portfolio of Property and Casualty accounts.
- Maintain the long term profitability of a P&C portfolio. Grow and develop new P&C business
- Execute risk selection decisions within the assigned authority and in accordance to corporate guidelines for correct pricing techniques.
- Refer and redirect requests for risk selection for unique or unusual risks beyond personal authority, along with recommendations.
- Develop contract wording for new product proposals and business plans.
- Review and manage existing contracts to ensure products and service are delivered in the most effective manner to achieve profit and growth objectives
- Collaborate with and support other areas of the Specialty Risk team in the development of new business, products and pricing strategies to achieve profitable growth.
- Understand and apply best business practices towards compliance, internal control and operational risk controls in accordance to national standards and regulatory standards and policies.
- Develop and maintain a knowledge and understanding of company operations and procedures, including demographic, economic, and social characteristics to increase market share.
- Participate in the development of new business, renewals and contribute to corporate objectives and assist in the presentation of proposals as required.
- Work collaboratively with Supervisors and/or Managers on special projects and assignments requiring advanced technical skills and knowledge when required.
QUALIFICATIONS & SKILLS
- Proficient in creating and understanding contract wordings; proficiency in the use of Microsoft Word.
- 2 + years of commercial underwriting with experience in special risks or the hard to place market
- MGA Underwriting or MGA Business Development experience is preferred
- Accurate and detail oriented.
- Commitment to high standards of performance and goals.
- Strong verbal and written communication skills.
- Demonstrated presentation skills.
- Ability to foster and build good working relationships with brokers, customers and business areas inside and outside the work unit
- Ability to influence decisions and gain agreement and/or support on sensitive issues
- Strong analytical and decision-making skills.
- Existing relationships within the industry are valued.
- Broad knowledge and understanding of underwriting discipline.
- Ability to work within and adapt to PC oriented environments, including familiarity with e-mail and Internet skills. Advanced knowledge of Microsoft Office.
- Completion of the CIP/FCIP designation an asset.
Please forward resume to [email protected]
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