Vp, Underwriter - Hamilton, Canada - Aspen Insurance Holdings

Aspen Insurance Holdings

Verified Company

Hamilton, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Reference:
ASPUS00468

Hamilton,

Permanent

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About us:

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company.

We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully tailored solutions.

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

The role:

Strategy and Planning

Policy, Process and Procedures

Environmental Awareness and Customer Focus

Act as a technical expert to support the identification of issues and opportunities within area of expertise
Establish, develop and strengthen relationships with stakeholders including customers, brokers, business partners and colleagues, to maximize influence and achieve business objectives
Demonstrate support for market associations and trade bodies
Demonstrate understanding and awareness of market dynamics and market cycle to drive and enhance business performance
Maintain an understanding of all current issues affecting the insurance and reinsurance industries as well as lines of business.
Collaborate with Actuarial, Claims, Finance, etc. to achieve goals.

Technical Performance

Continually develop expertise and technical knowledge through identifying and implementing appropriate learning and development activities
Underwriting complex reinsurance risks in accordance with the business plan and the delegated underwriting authority to meet business objectives. This includes negotiating rates, terms and conditions for existing and new business (developing or modifying policy wordings as appropriate), ensuring compliance with internal and external regulations and guidelines, ensuring contribution to the business plan and objectives, and support credit control in payment collection
Contribute and influence in the review and analysis of the portfolio to identify progress towards business objectives (audits, account performance, etc.) Ensure all business is thoroughly evaluated by peer review and that risks written adhere to the Company's underwriting standards and individual authority

Key accountabilities:

Skills & experience:

In depth experience of working in an underwriting environment within a specialised/complex underwriting area
Specific professional qualifications (CPCU)
Qualified within own professional discipline, with significant postqualification work experience within class of business
Experienced in the use of risk profiling and pricing tools and loss models
Strong established customer/broker relationships Experience of managing underwriting individuals/teams
Extensive knowledge of relevant market conditions for specific class/portfolio
Thorough knowledge of Reinsurance underwriting strategy and how this translates into targets and delivery
Good knowledge of Insurance and Expected Profitability Analysis (EPA) requirements
Strong understanding of the reinsurance strategy affecting portfolio
Good knowledge of relevant underwriting systems
Strong knowledge of legal and regulatory requirements Strong knowledge of underwriting process and procedures
Strong interpersonal and communication skills
Strong negotiating skills
Strong customer orientation skills
Manage conflicting priorities to achieve deadlines
Able to plan effectively and efficiently
Ability to collaborate effectively in team environment
Strong analytical skills using data for decisionmaking
Strong level of numeracy and literacy skills
Strong attention to detail
Ability to engage and positively influence colleagues