Director, Underwriting

Canopius

$190K — $225K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of marine insurance underwriting experience
  • Excellent verbal and written communication skills
  • Proven marketing capabilities with existing market contacts
  • Willingness to travel for client meetings
  • Proficient in Microsoft Office applications including Word, Excel, PowerPoint, and Outlook
  • College degree preferred

Responsibilities

  • Market Canopius' marine capabilities to brokers and production sources
  • Grow the US marine book with a focus on Hull and Liability
  • Engage in client meetings to gather underwriting information
  • Oversee the underwriting process from assessment to binding
  • Rate, quote, and bind risks in accordance with guidelines
  • Stay informed on economic and legal issues affecting the US Maritime industry
  • Contribute to US and Global Marine underwriting discussions
  • Maintain compliance and documentation for regulatory reporting
  • Manage and renew an existing book from the previous underwriter

Benefits

  • Hybrid working arrangement
  • Comprehensive benefits package focusing on overall wellbeing
  • Non-contributory 401k plan
  • Discretionary bonus structure
  • Medical, dental, and vision insurance
  • Support for financial, physical, social, and psychological health
Full Job Description
Job Description

The Role

Responsible for all aspects of marketing and underwriting of US Ocean marine insurance products offered with a particular emphasis on Hull and Liability. The role is specific to US marine business and individual must have a general understanding of regional underwriting nuances for all ocean marine product lines written.

Responsibilities
  • Effectively market Canopius' capabilities, appetite and generate risk opportunities from retail and wholesale brokers and all other production sources in the US Marine space.
  • Help to grow overall US marine book with an emphasis on Hull and Liability growth.
  • Actively participate in client meetings with current Insureds as well as prospects to secure important underwriting information to assist with decision making.
  • Perform all aspects of the underwriting process including risk assessment, underwriting analysis and determine risk adequacy.
  • Properly rate, quote and bind risk in line with underwriting guidelines and risk appetite.
  • Understand and continue to stay up to date surrounding the economic and legal issues impacting the US Maritime industry.
  • Actively participate in the US and Global Canopius Marine underwriting meetings to stay up to date and add value to these discussions.
  • Ensure all aspects of compliance surrounding file documentation and decisions are properly maintained for regulatory and other reporting requirements.
  • Assume and handle renewal book from previous underwriter.


Skills and Qualifications
  • 10+ years marine insurance underwriting experience.
  • Excellent communication skills both verbal and written.
  • Marketing capability preferably with existing market contacts
  • Ability and willingness to travel and meet with clients, brokers, and insureds throughout the US.
  • IT literacy including working knowledge in Word, Excel, PowerPoint, Outlook, and other Microsoft Office applications.
  • College degree preferred.

Salary Range: $190,000 - $225,000

Our benefits
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory 401k, discretionary bonus, insurances including medical, dental and vision cover, and many other benefits to enhance financial, physical, social and psychological health.

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