Programs Underwriter

Canopius

$100K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-7 years of commercial underwriting experience.
  • Experience in Commercial Property/Liability/Auto/IM/MTC/Excess/Package Underwriting, preferably as a generalist.
  • Individual desk underwriting and quoting experience.
  • Ability to interpret underwriting guidelines and apply them to real scenarios.
  • Strong communication skills for effective collaboration.
  • Proven analytical and problem-solving abilities.
  • Ability to work effectively in a fast-paced environment.

Responsibilities

  • Review submissions to MGAs that exceed assigned authority levels.
  • Ensure compliance with company policies and risk appetite.
  • Adhere to underwriting guidelines, including risk limits and rates.
  • Conduct audits on a monthly and annual basis.
  • Develop and strengthen relationships with assigned MGAs.

Benefits

  • Hybrid working arrangements to promote work-life balance.
  • Comprehensive health insurance coverage including medical, dental, and vision.
  • Non-contributory 401k plan to support retirement savings.
  • Access to discretionary bonuses based on performance.
  • Benefits that enhance overall wellbeing, including support for financial, physical, social, and psychological health.
Full Job Description
Job Description

The Role

To evaluate and underwrite Commercial Programs, written on a surplus-lines basis via MGA partnerships on behalf of Canopius US Insurance (CUSI), in accordance with the approved business plan and defined personal authority limits.

Responsibilities
  • Review individual submissions to MGA's for policies that fall outside of their assigned authority levels.
  • Comply with company policies and risk appetite.
  • Adhere to Underwriting guidelines and contract terms such as risk limits, rates, and aggregate limits.
  • Conduct monthly and annual audits.
  • Further develop company relationships with assigned MGAs.


Skills and Experience
  • 3-7 years of commercial underwriting experience.
  • General knowledge in Commercial Property/Liability/Auto/IM/MTC/Excess/Package Underwriting in one or more of the following classes: Mercantile, Hospitality, Habitational, Transportation, Manufacturing, Wholesale and Cannabis; preferably a generalist.
  • Individual desk underwriting / quoting experience.
  • Interpret written guidelines for Underwriting rules and apply to real life scenarios
  • Communication skills.
  • Ability to work and learn with a sense of urgency in a fast-paced environment.
  • Have accountability for assigned tasks.
  • Strong analytical and problem-solving skills.
  • Decision maker.
  • Ability to adapt and change.


Salary Range: $100,000 - $140,000

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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