Executive Underwriter

The Role

Responsible for all aspects of marketing and underwriting Excess Casualty risks as part of the new Canopius US Casualty team. As the US Casualty product offerings represent new capabilities and growth opportunities for Canopius, this role provides a unique opportunity for an entrepreneurial individual to partner with the US Head of Casualty and others in the broader organization to execute on the 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 further development of US Excess Casualty strategies as a new market entrant to build and grow a diverse, profitable portfolio of excess casualty business
• Effectively market Canopius’ US Excess Casualty underwriting capabilities and appetite to generate targeted new business submission flow in support of the US Excess Casualty product launch for the wholesale distribution channel
• Take a lead role in the on-going development of proprietary coverage forms and rating models to support targeted business
• Provide subject matter guidance to other US Excess Casualty team members, as well as training and mentorship of more junior team members
• Perform all aspects of the underwriting process including risk assessment, underwriting analysis and prudent risk selection in support of the US Excess Casualty appetite
• Properly rate, quote and bind risks in conjunction with established underwriting guidelines, personal underwriting authority grant, pricing objectives and limit management strategies
• Develop and maintain strong wholesale broker relationships supported by regular in-person meetings and virtual interactions. Identify key broker partners and execute on broker plans to build long-term, sustainable relationships.
• Communicate market intel surrounding competitors and brokers, as well as overall market developments
• Actively participate in casualty emerging risk discussions and risk mitigation projects as requested
• Ensure all aspects of compliance related to file documentation and underwriting diligence are properly adhered to in accordance with Canopius standards or other regulatory and reporting requirements
• Assist with Peer Reviews as requested
• Assist with the gathering of detailed information regarding underwriting issues and other data required to complete monthly management reports in a timely fashion
• Promote the Canopius brand through active participation and representation at select industry events
• Provide recommendations supported by market trends and wholesaler broker needs to identify new areas of opportunity and growth to expand upon or evolve Canopius’ US Excess Casualty product offerings and capabilities

Key Skills:

• Seven plus years of Excess Casualty specific underwriting experience, including Primary Casualty experience
• Deep casualty underwriting experience and understanding of industry specific coverage nuances and exposures for a broad spectrum of industries and classes of business to effectively support Canopius’ diverse risk appetite
• Experience handling mid-to-large size risks on a non-admitted basis within the specialty E&S segment
• Strong existing wholesale broker relationships
• Desire and ability to travel regularly to establish, maintain and deepen wholesale broker relationships
• Excellent organizational skills and the ability to multi-task in a fast-paced environment
• Self-motivated with the ability to work independently, as well as take the lead in key team projects or initiatives
• Ability to demonstrate critical problem-solving skills in a collaborative and entrepreneurial team environment
• Excellent communication skills, both written and verbal, as well as negotiation skills
• Demonstrates a positive attitude in the face of challenges
• College Degree, as well as CPCU or other industry designations ideal
• IT literacy including advanced skills in Office 365, Word, Excel, PowerPoint, Outlook and other Microsoft Office applications

Salary Range: $100,000- $175,000