Your Role:
This newly created role will be responsible for managing the Cargo class portfolio to meet the requirements of the business plans and strategic targets for premium income, profitability and return on capital as set out by the Board.
What you’ll do:
- To underwrite your class of business in accordance with the Syndicate Business Plan and within the terms of the issued underwriting authority for the relevant year of account.
- Produce and evaluate new business opportunities for the class of business
- Manage, where relevant, catastrophe and non-catastrophe related exposures within pre-set SBF and SCR limitations
- Production and maintenance of class underwriting guidelines and procedures
- Production and maintenance of pricing models
- To implement Apollo’s Conduct policies and procedures, and to ensure that customers are treated fairly at all times
- To provide reports and management information to the Underwriting Committee, and the Board, as required.
- In conjunction with the Syndicate Actuary, assist in the establishment of reserves for your business.
- To ensure that the Director of Underwriting is immediately notified of any underwriting dispute, misconduct or any other matter of which he would reasonably expect to be advised.
- To ensure that complete and accurate underwriting records are maintained.
- To promote a culture where clients’ needs are placed at the heart of underwriting decision-making and business is conducted in a manner that meets Apollo’s internal standards and regulatory guidelines
- To represent Apollo externally in a manner that enhances market reputation and profile
- Disclose appropriately any information of which Lloyd’s, the FCA or the PRA would reasonably expect notice
- When exercising your responsibilities, you must pay due regard to the interests of current and potential future policyholders in ensuring the provision by the firm of an appropriate degree of protection for their insured benefits
- Accountable for oversight reporting and remedial activities associated with risk / control ownership.
- Act in accordance with the requirements and responsibilities of a risk / control owner as documented in the Risk Management Policy.
What we are looking for:
At the centre this role is a high calibre ‘thinking’ underwriter. In keeping with the style of the team and portfolio to date a thoughtful, diligent, considered individual would make a good fit for this position.
