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Canopius Group

Programs Underwriter II

Canopius Group, Chicago, Illinois, United States, 60290

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Programs Underwriter II

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Programs Underwriter II

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Canopius Group 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. 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 Will Include

Review individual submissions to MGA’s for policies that fall outside of their assigned authority levels. Develop and maintain relationships with brokers and clients. Comply with company policies and risk appetite. Conduct Portfolio Management on assigned MGA programs ensuring adherence to Underwriting guidelines and contract terms such as risk limits, rates, and aggregate limits. Conduct regular portfolio reviews of MGA programs using company pricing models to ensure target loss ratios are achieved. Conduct monthly and annual audits. Further develop company relationships with assigned MGAs and broker partners which will include conducting meetings within their offices, during conferences and in CUSI offices.

Skills And Experience

10+ years of commercial underwriting experience. Technical 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 Individual desk underwriting / quoting experience. Portfolio Management in terms of rate, retention and NB. A general understanding of quota share agreements and facultative placements. An understanding of catastrophe modelling, and the ability to interpret model outputs. Interpret written guidelines for Underwriting rules and apply to real life scenarios Excellent client interaction skills. Ability to work and learn with a sense of urgency in a fast-paced environment. Have accountability for assigned tasks. Strong analytical, problem-solving, and critical thinking skills. Decision maker. Ability to adapt and change.

Salary range: $80,000 - $120,000

Our Benefits

ABOUT US

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.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments. Seniority level

Seniority level Mid-Senior level Employment type

Employment type Full-time Job function

Job function Finance and Sales Industries Insurance Referrals increase your chances of interviewing at Canopius Group by 2x Get notified about new Underwriter jobs in

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