Executive Underwriter

New Yesterday

Overview Executive Underwriter role at Canopius Group. Responsible for all aspects of marketing and underwriting Excess Casualty risks as part of the Canopius US Excess Casualty team. The US Excess Casualty product offering represents a newer capability and growth opportunity; this role partners with the US Head of Casualty and others to execute on post-launch growth and management of a profitable portfolio of US Excess Casualty business. Note: The actual role title and compensation will be dependent upon candidate experience. Responsibilities Execute on and contribute to the development of US Excess Casualty strategies to build and grow a diverse, profitable portfolio of excess casualty business. Market Canopius’ US Excess Casualty underwriting capabilities and appetite to generate targeted new business submission flow in the wholesale distribution channel. Lead the ongoing development of proprietary coverage forms and rating models to support targeted business. Provide subject matter guidance, training and mentorship to other US Excess Casualty team members. Perform all underwriting steps including risk assessment, underwriting analysis and prudent risk selection. Rate, quote and bind risks in line with underwriting guidelines, authority, pricing objectives and limit management. Develop and maintain strong wholesale broker relationships with regular in-person and virtual interactions; identify key broker partners and implement plans to build long-term relationships. Communicate market intelligence on competitors, brokers and overall market developments. Participate in casualty emerging risk discussions and risk development scenario projects as requested. Ensure compliance with file documentation and underwriting diligence per Canopius standards and regulatory requirements. Assist with peer reviews and with gathering underwriting data for monthly management reports. Promote the Canopius brand through participation at industry events. Provide recommendations based on market trends and broker needs to identify new opportunities and growth for Canopius’ US Excess Casualty offerings. Qualifications Seven plus years of Excess Casualty underwriting experience, ideally including Primary Casualty experience. Deep casualty underwriting knowledge and understanding of coverage nuances across industries and classes of business. Experience handling mid-to-large size risks on a non-admitted basis within the specialty E&S segment. Strong existing wholesale broker relationships. Willingness and ability to travel regularly to engage wholesale brokers. Excellent organizational skills and ability to multi-task in a fast-paced environment. Self-motivated, able to work independently and lead key projects. Strong problem-solving, collaboration and entrepreneurial spirit. Excellent written and verbal communication and negotiation skills. Positive attitude in the face of challenges. College degree; CPCU or other industry designations ideal. IT literacy with advanced skills in Office 365 and Microsoft Office applications. Salary Range: $150,000 - $215,000 About Us We are a global specialty lines (re)insurer and a leading insurer in the Lloyd’s of London market with offices worldwide. Canopius fosters a positive culture and a flexible, hybrid working model, recognizing diverse contributions and equal employment opportunities. Equal Opportunity We are committed to equal employment opportunities for all applicants and provide a work environment free of discrimination and harassment. All employment decisions are made without regard to age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by law. We welcome applicants from diverse backgrounds and offer reasonable adjustments during recruitment and employment processes if needed.
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Location:
Chicago, IL, United States
Salary:
$200,000 - $250,000
Category:
Finance

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