Underwriting Manager, Errors & Omissions

at  Executrade Consultants Ltd

SKILL & QUALIFICATIONS:

• 8-10+ years underwriting experience (or equivalent) with proven leadership skills.
• Bachelor’s degree/college diploma or equivalent technical expertise
• Proven track record of building strong broker and client relationships; providing market leading service, fostering an engaging work environment, and championing operational and technology initiatives aimed at enhancing underwriting productivity.
• Experience underwriting some or all of the key product(s) architects and engineers E&O, Contractor Professional Liability, and Miscellaneous Professional Liability
• Excellent communicator, active listener, critical thinker and problem solver.
• Ability to build relationships and exercise influence while working cross-functionally.
• Strong analytical and negotiation skills.
• Self-starter with superior time management and delegation skills.

• Manage and support the growth and development of a team of underwriters located in the region. Champion the development of technical and business development skills and support a high degree of employee engagement through a culture of success, empowerment and accountability. Handle team underwriting referrals. Evaluate and manage resources to support profitable growth, and ensure the team meets or exceeds new business, renewal, retention, rate and profit targets. Identify strategic areas for growth within the Professional Liability segment and support associated business planning and forecasting.
• Act as a key resource for Professional Liability underwriters and as a key point of contact for authority sign off and technical training and development.
• Prospect and underwrite new and renewal business within standards and guidelines.
• Review, evaluate and initiate recommendations regarding appropriate modifications to underwriting guidelines or strategy in conjunction with monitoring profitability of an assigned portfolio of business.
• Provide input to the development of marketing plans, working with the Regional Leader and other key stakeholders to expand and improve information sharing across the entity and support the continuous development and expansion of key broker relationships within the marketplace.
• Work with Operations & Technology, Industry & National Solutions, Product & Risk Services, and Alternative Risk Solutions to identify and prioritize initiatives to drive best-in-class service, productivity and multi-line business opportunities.
• Champion our key value proposition and ensure that we consistently offer top-level customer service to brokers and clients.
• Responsible for the monthly financial reporting of the team’s underwriting results.
• Utilize facultative reinsurance to protect the profitability of the Underwriting portfolio. Ensure that booking and coding is actively managed and cross-checked, as appropriate.
• Stay informed on any key legislative or regulatory changes affecting regional products or industry segments.
• Perform related duties as requested, including report preparation, presentations, special projects, and directing or conducting audits to ensure the success of the region.