Description of the role:
This position is responsible for underwriting cargo business and providing technical, analytical, operational and underwriting services reporting to the Senior Vice President and other underwriting staff in the department.
Duties and Responsibilities;
- Analyse and prepare submissions prior to underwriting, including account research and preparation for client and broker meetings.
- Underwrite new/renewal business and alterations to existing contracts in accordance with Letter of Aurthority, relevant technical knowledge and appropriate rating methodology.
- Enter and maintain information with various in-house underwriting systems and generate reports as required
- Prepare quotes and bind accounts in underwriting systems as underwritten or as directed by other team underwriters.
- Liaise with other underwriters and brokers as well as other internal departments as required.
- Perform underwriting referrals with manager following account analysis, including thorough reviews of underwriting submissions.
- Attend client/broker lunches, dinners and other work related social outings as applicable
- Assist with the development of account pricing/recommendations/peer review.
- Attend relevant internal and external meetings
- Undertake renewal monitoring and renewal process management
- Maintain underwriting files in accordance with company standards.
- Liaise with brokers on account administration matters, including premium and outstanding underwriting documentation.
- Undertake other duties as may be assigned.
Person Specification
- At least 5+ years’ demonstrable experience in Cargo or similar line with expertise and in-depth working knowledge of standard market policy and endorsement wordings.
- Strong communication and interpersonal skills for liaison with clients and brokers including delivering effective presentations and building strong working and networking relationships.
- Strong marketing and business development capability — commercial acumen; ability to influence and negotiate to various levels of seniority, internally and externally
- Computer literate, with proficiency in Microsoft Office suite (Excel, Word, Powerpoint) and in using an underwriting system.
- Good attention to detail and quantitative skills.
- Ability to manage deadlines and conflicting priorities.
