Underwriter, General Casualty

Description of the role:

This position is responsible for underwriting a diverse book of business, employing the methods necessary to meet projected profitability, GWP, and expense goals, management and growth of the overall portfolio of business within the appropriate underwriting discipline/guidelines, marketing and servicing of existing and potential insured’s. The position will also require a basic knowledge of Property insurance to assist with the underwriting of Commercial Combined business.

Duties and Responsibilities:

• General underwriting functions including underwriting, submission review, pricing analysis, setting of terms and conditions, and quote/binder/invoice authorisations.
• Responsible for timely and correct issuance of bound policies. Crafting of Endorsement wordings for authorisation by legal.
• Providing direction to the Underwriting Support Assistant in the timely processing of Policy/Endorsement wordings.
• Perform referrals (as required) with VP Casualty and SVP Casualty.
• Maintenance of underwriting files in an orderly and manner and in accordance with the underwriting guidelines. Including maintenance of all reporting systems for submissions and bound accounts, rate change modelling, bound account listing, submission log and reports as may be developed.
• Seek input from Actuarial Department to price specific accounts when appropriate.
• Liaise with Claims Department on any specific claim matters and overall market claim concerns which could potentially affect profitability.
• Stay current with respect to major industry issues and developments.
• Travel to meetings throughout Ireland and Europe as required.
• Assist in the general training of underwriting and support staff.
• Project work as required.
• Planning and monitoring of the portfolio of business.
• Other duties as may be assigned

Person Specification:

• 5 years experience underwriting Casualty accounts
• Basic knowledge of underwriting Property accounts.
• Strong marketing, negotiation and presentation skills.
• Excellent knowledge and understanding of standard market policy and endorsement wordings.
• Third level qualification.
• Professional Insurance Designation such as ACII/ FCII desirable.
• Organization skills and the ability to prioritize work.
• Interpersonal skills and the ability to work within a team.
• Strong verbal and written communication skills.
• Strong Excel and Power Point skills.
• Good knowledge of use of technical rating tools