Assistant Vice President Underwriter

Description of the role:

This position is responsible for underwriting a diverse book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business within the appropriate underwriting discipline/guidelines, marketing and servicing of existing and potential insured's.

Duties and Responsibilities:

• General underwriting functions including underwriting submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorisations.

• Authorising of quotes, binders and invoices in accordance with company guidelines.

• Responsible for timely and correct issuance of bound policies. Crafting of Endorsement wordings for authorisation by legal.

• Providing direction to the Junior Underwriters and Underwriting Assistant in the timely processing of Policy/Endorsement wordings.

• Perform referrals (as required) with SVP Casualty.

• Maintenance of underwriting files in an orderly manner and in accordance with the underwriting guidelines. Including maintenance of all reporting systems for submissions and bound accounts, rate change modeling, bound account listing, submission log and reports as may be developed.

• Seek input from Actuarial Department to price specific accounts when appropriate.

• Liaise with Claims Department on any specific claim activity and overall market claim concerns which could potentially affect profitability.

• Stay current with respect to major industry issues and developments.

• Marketing — attend client/broker meetings, lunches, dinners and other social outings as applicable. Meet with key brokers regularly to discuss production, service and other topics relative to division operations. Attend important industry conferences and seminars as appropriate.

• Other duties as may be assigned