About this opportunity
Canopius Group lists this Executive Underwriter opportunity in chicago, Illinois. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Executive Underwriter — Canopius Group
Responsible for all aspects of marketing and underwriting Excess Casualty risks as part of the Canopius US Excess Casualty team. As the US Excess Casualty product offering represents a newer capability and growth opportunity for Canopius, this role provides a unique opportunity for an entrepreneurial individual to partner with the US Head of Casualty and others in the broader organization to execute on the post-launch growth and management of a profitable portfolio of US Excess Casualty business.
Note: The actual role title and compensation will be dependent upon candidate experience.
Key Responsibilities
Execute on and contribute to the further development of US Excess Casualty strategies as a newer market entrant to build and grow a diverse, profitable portfolio of excess casualty business
Effectively market Canopius’ US Excess Casualty underwriting capabilities and appetite to generate targeted new business submission flow in support of the US Excess Casualty product within the wholesale distribution channel
Take a lead role in the on-going development of proprietary coverage forms and rating models to support targeted business
Provide subject matter guidance to other US Excess Casualty team members, as well as direct training and mentorship of more junior team members
Perform all aspects of the underwriting process including risk assessment, underwriting analysis and prudent risk selection in support of the US Excess Casualty appetite
Properly rate, quote and bind risks in conjunction with established underwriting guidelines, personal underwriting authority grant, pricing objectives and limit management strategies
Develop and maintain strong wholesale broker relationships supported by regular in-person meetings and virtual interactions. Identify key broker partners and execute on broker plans to build long-term, sustainable relationships.
Communicate market intel surrounding competitors and brokers, as well as overall market developments.
Actively participate in casualty emerging risk discussions and risk development scenario projects as requested
Ensure all aspects of compliance related to file documentation and underwriting diligence are properly adhered to in accordance with Canopius standards or other regulatory and reporting requirements
Assist with Peer Reviews as requested
Assist with the gathering of detailed information regarding underwriting issues and other data required to complete monthly management reports in a timely fashion
Promote the Canopius brand through active participation and representation at select industry events
Provide recommendations supported by market trends and wholesaler broker needs to identify new areas of opportunity and growth to expand upon or evolve Canopius’ US Excess Casualty product offerings and capabilities
Qualifications
Seven plus years of Excess Casualty specific underwriting experience, ideally including Primary Casualty experience
Deep casualty underwriting experience and understanding of industry specific coverage nuances and exposures for a broad spectrum of industries and classes of business to effectively support Canopius’ diverse risk appetite
Experience handling mid-to-large size risks on a non-admitted basis within the specialty E&S segment
Strong existing wholesale broker relationships
Desire and ability to travel regularly to establish, maintain and deepen wholesale broker relationships
Excellent organizational skills and the ability to multi-task in a fast-paced environment
Self-motivated with the ability to work independently, as well as take the lead in key team projects or initiatives
Ability to demonstrate critical problem-solving skills in a collaborative and entrepreneurial team environment
Excellent communication skills, both written and verbal, as well as negotiation skills
Demonstrates a positive attitude in the face of challenges
College Degree, as well as CPCU or other industry designations ideal
IT literacy including advanced skills in Office 365, Word, Excel, PowerPoint, Outlook and other Microsoft Office applications.
Salary Range: $150,000 - $215,000
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Business Development and Production
Industries
Insurance
Benefits
Medical insurance
Vision insurance
401(k)
Child care support
Paid maternity leave
Paid paternity leave
#J-18808-Ljbffr
Worksite address
chicago, IL, 60290, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.