What are the responsibilities and job description for the Senior Risk Officer position at AEGIS Insurance Services, Inc.?
Job Summary
AEGIS Insurance Services, Inc. seeks an Underwriting Officer with expertise in various Management Liability products to underwrite, evaluate and manage D&O, Fiduciary and Professional Liability policies for customers in the power, utility, and energy industries.
Key Responsibilities:
- Underwrite and evaluate insurance risks for AEGIS members, including private, public, and non-profit entities.
- Assess submissions, review financials, and analyze key factors to determine appropriate pricing, coverage, and terms.
- Collaborate with brokers and clients to negotiate policy terms, conditions, and premiums.
- Provide expert advice and guidance on complex exposures and coverage options.
- Manage and maintain a profitable portfolio while ensuring alignment with the company's risk appetite and objectives.
- Analyze and monitor emerging risks and trends to adapt underwriting strategies accordingly.
- Collaborate closely with internal stakeholders, including claims, legal, and risk management teams, to ensure the proper handling of policies.
- Foster and maintain strong, long-term relationships with brokers, agents, and clients to drive business development and retention.
- Mentor and support junior underwriters by sharing expertise and best practices to elevate the overall team performance.
Requirements:
- Minimum of 8 years of experience underwriting Management Liability risks.
- Proven track record of underwriting and managing complex accounts with a focus on profitability and risk mitigation.
- Undergraduate degree in Business, Insurance, Finance, or a related field; or equivalent work experience.
- P&C license, Surplus Lines license and/or relevant professional designations (CPCU, RPLU, etc.) are a plus.
- Strong understanding of management liability insurance, corporate governance, and related legal and regulatory issues.
- Strong negotiation, communication, and interpersonal skills, with the ability to build and maintain relationships with brokers and clients.
- Strong analytical and decision-making skills with the ability to assess complex risk profiles.
- Strong attention to detail and a thorough approach to underwriting.
- Proficiency in underwriting software, Microsoft Office Suite, and industry-related tools.
