City of London, England, United KingdomPosted 2 days agoFull-time
Thinking of applying? Check your CV against this job first.
See your match score, your strongest skills for this role, and what's missing — before you spend time on an application.
Your real match score
Free CareerPilot account · Takes about 2 minutes
The Role
The Delegated Authorities
• North America (DANA) team writes of book of USD175m+
GPI across multiple lines of business including Commercial Property, Homeowners
Property, Commercial Automobile Physical Damage, Commercial Automobile Liability
and Commercial General Liability. We write this business throughout North
America as well as in Canada and the US Virgin Islands.
We are looking for a experienced class underwriter with a focus on US & Canadian
Transportation to work closely with the Head of Delegated Authorities to meet
the requirements of the business plans and the strategic targets for premium
income, profitability and return on capital as set out by the Board.
Key Responsibilities:
• To underwrite delegated business in accordance with the Syndicate Business
Plan for the division and within the terms of the underwriting authority
given.
• Develop and maintain good working relationships with brokers and clients to
establish Canopius as a preferred market for North American binder business.
• Working alongside others in the DANA team to underwrite and oversee the
renewal of our existing business as well as identify and develop new business
opportunities.
• Work collaboratively with other underwriting and support units within
Canopius to maximize efficient use of internal company resource to support
business activities.
• To ensure that all business written complies with Canopius internal policies,
procedures and controls and that these are understood and adhered to by the
team.
• To ensure that business is only accepted through intermediaries and
coverholders approved by Canopius in accordance with internal procedures
• To ensure that complete and accurate underwriting records are maintained.
• To promote a culture where client’s needs are placed at the heart of
underwriting decision-making and business is conducted in a manner that meets
Canopius internal standards and FCA guidelines.
• To actively assist the development of junior members of the team.
• To ensure that the workplace environment is fair, equitable, collaborative,
supportive, and respectful and one which encourages and increases the
participation and contribution of all employees, irrespective of difference.
• To provide reports and management information to the Head of Delegated
Authorities, as required.
Skills and Experience:
• Significant experience in the North American delegated authority market
particularly in relation to U.S. & Canadian Transportation business including
Auto Physical Damage, Motor Truck Cargo, Non-Trucking Liability, Truckers
General Liability and Primary Commercial Auto Liability.
• Experience of both portfolio binder underwriting/management as well as
underlying per risk underwriting e.g. Risks under lineslips or special
acceptance referrals.
• Good communication skills
• Previous management experience preferable
• Organised, methodical quick thinker.
• Demonstrable problem solving abilities
• Ability to work to deadlines and manage workload priorities effectively
• Desire to expand knowledge within the industry via professional exams
• Data mining, statistical modelling and data visualisation
• Experience with Power BI is preferable but not essential.
• High level understanding of Excel, should be proficient in creating complex
formulae
• Highly numerate and logical – strong mathematical/statistical knowledge is
advantageous
• Ability to interpret large volumes of data and present in a clear and concise
manner
• Ability to articulate findings in writing and/or in person both internally
and externally
• Interpret written guidelines for Underwriting rules and apply to real life
scenarios
Our benefits
We offer all employees a comprehensive benefits package that focuses on their
whole wellbeing. This includes hybrid working, a competitive base salary,
non-contributory pension, discretionary bonus, insurances including health
(family) and dental cover, and many other benefits to enhance financial,
physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading
insurers in the Lloyd’s of London insurance market with offices in the UK, US,
Singapore, Australia and Bermuda.
At Canopius we foster a distinctive, positive culture which enables us to bring
our whole selves to work to flourish as people, and build a business which
delivers profitable, sustainable results.
Based in incredible new offices in the heart of the City of London, Canopius
operates a flexible, hybrid working model and is committed to providing an
environment that challenges employees to be their best and where everyone's
unique contributions are recognised, valued and respected.
We are fully committed to equal employment opportunities for all applicants and
providing employees with a work environment free of discrimination and
harassment. All employment decisions are made regardless of age, sex, gender
identity, ethnicity, disability, sexual orientation, socio-economic background,
religion or beliefs, marital or caring status, or any other status protected by
the laws or regulations in the locations where we operate. We encourage and
welcome applicants from all diverse backgrounds.
We make reasonable adjustments throughout the recruitment process and during
employment. Please let us know if you require any information in an alternate
format or any other reasonable adjustments.