Program Underwriter

Key Responsibilities

Underwriting & Risk Assessment

• Evaluate new and existing program opportunities within niche, specialty product lines, and multi-line trading structures.
• Assess program submissions in line with Company underwriting guidelines and risk appetite, and ensure compliance with underwriting authority and referral processes.
• Continuously monitor claims performance, loss ratios, and portfolio balance, and adjust underwriting strategies to optimize portfolio profitability.

Relationship management

• Establish and manage relationships with key brokers and clients to facilitate business growth and drive underwriting premium towards the US$150 million target.
• Serve as the key underwriting point of contact for assigned programs and participate in quarterly reviews, audits, and on-site visits as required.

Stakeholder Management:

• Partner with the President and Head of Marketing to present strategic goals, performance results, and insights on the US portfolio.
• Collaborate with other departments, including actuarial, portfolio management, and operations teams, to ensure a comprehensive understanding and execution of program business.

Financial Performance & Reporting:

• Provide regular reports to senior management on the ongoing performance of the allocated programs and overall underwriting portfolio.

The Ideal Candidate

Experience:

• 7 – 15 years of relevant insurance experience in the US Programs space within a carrier, MGA or broker.
• Strong understanding of delegated authority structures, bordereaux analysis and program governance.
• Experience in navigating complex risk environments and underwriting a variety of insurance products.

Skills:

• Strong negotiation skills and experience in building relationships with key stakeholders, brokers, and clients.
• Strong analytical skills, with the ability to interpret market data, loss trends, and pricing analytics.
• Ability to clearly articulate underwriting rationale to key stakeholders, and specifically, 3rd party underwriting capacity.