Underwrite new and renewal accounts to meet top and bottom line targets
Negotiate price and terms and conditions with producers
Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modeling and interpretation of scenarios for relevant Lines of Business (LoB's)
Underwrite in line with LoB governance framework
e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles
Ensure contract certainty is achieved on all accounts at time of inception
Ensure placing and binding of FAC Reinsurance prior to policy inception
Ensure accurate policy documentation issued to producers or producers has issued documentation (where producer responsibility)
File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled
Training, developing and coaching of less experienced staff (including Underwriters)
Requirements
A minimum of 3+ years of direct experience in underwriting profitable business