Perform extensive account analysis according to underwriting guidelines to include thorough review of underwriting application/submission, consideration of risk management protocols, research via on-line services and other available resources and liaising with other Company departments to establish full understanding of risk exposures and completion of underwriting (pricing) worksheets.
Perform referrals (as required) with Senior Vice President Healthcare and/or Head of Specialty
Responsible for timely and correct issuance of bound polices. Crafting of Endorsement wordings for authorization by legal. Providing direction to the team to achieve timely processing
Working closely with the Senior Vice President of Healthcare and contribute to the formation of overall Healthcare strategy / business plans and the execution thereof.
Policy/Endorsement wordings.
Active role in the development of business in London market, exploring opportunities and marketing within the London Market and EU as required.
Liaise with actuarial support to develop premium benchmarking and pricing models, with development of account pricing/recommendations.
Authorizing of quotes, binders and invoices in accordance with company guidelines.
Ensuring receipt of and review of outstanding information (including underlying/followed policies) to ensure consistency with the terms and conditions agreed at binding.
Accountable for the maintenance of underwriting files in an orderly manner and in accordance with the underwriting guidelines.
Delegation (and supervision) of work to Assistant Underwriters as deemed appropriate and responsible for the professional development and training of assigned team members or direct reports where applicable.
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 operation
Attend important industry conferences and seminars as appropriate.
Qualifications Job Requirements:
Ideally, graduate-level individual with professional insurance qualification, ACII, already obtained
Required 15 years demonstrable experience underwriting Healthcare accounts and clients
Excellent analytical skills and solid knowledge of pricing & actuarial models and methods
Must be highly articulate, with exceptional communication and interpersonal skills - required for daily liaison with clients and brokers including delivering effective presentations and building strong working relationships.
Strong marketing and business development capability - commercial acumen, ability to influence and negotiate to various levels of seniority, internally and externally.
Highly computer literate within MS office applications and an advanced level proficiency using underwriting systems
Methodical approach to work, strong organization skills; capable of dealing with tight reporting dealing and conflicting priorities
Overall team player with collaborative outlook - coaching approach to the development of more junior members of the team.