Job Overview:
We are seeking a skilled Senior Manager - Liability Underwriter to assess and evaluate risks associated with liability insurance products. The ideal candidate will bring a strong understanding of the commercial liability landscape, from general liability to specialized products, ensuring accurate underwriting decisions that balance client needs and organizational profitability.
Key Responsibilities:
- Demonstrate extensive knowledge of Liability and Financial Lines products, including policy analysis and comparison with competitors.
- Work on large client submissions, collaborating with MNC brokers to ensure conversions.
- Develop pre-underwritten products for the Retail team, overseeing IT integration for streamlined product delivery.
- Lead product development, including product filing, pricing in collaboration with actuaries, and market differentiation analysis.
- Engage with the reinsurance team for facultative proposals, ensuring comprehensive coverage and risk management.
- Prepare client submissions, conducting in-depth risk analysis, understanding business structures, and identifying key exposures.
- Facilitate training for the Sales team to enhance product knowledge and market readiness.
- Conduct client meetings to support business acquisition and retention, fostering strong client relationships.
- Liaise with brokers, agents, and clients to support business development and client satisfaction.
- Manage operational tasks, including scrutiny and quality control of policy wording and documentation.
- Execute IT projects focused on automation and efficiency in account management.
- Oversee P&L for the region, with a focus on achieving Liability targets and converting large deals.
Qualifications:
- Bachelor's degree in Finance, Business, Insurance, or a related field.
- Relevant certification in insurance underwriting (e.g., CII, CPCU) is an asset.
- Minimum of 3 years of experience in underwriting liability insurance products.
- Comprehensive knowledge of liability lines, including general, professional, and specialty liability.
- Strong analytical skills to evaluate complex risk profiles and make sound underwriting decisions.
- Excellent communication and interpersonal skills for interaction with brokers, agents, and internal teams.
- Detail-oriented with the ability to manage multiple accounts and prioritize tasks.
- Proficiency in insurance software and data analysis tools.
