Programs Underwriter II

Job Description

The Role

To evaluate and underwrite Commercial Programs, written on a surplus-lines basis via MGA partnerships on behalf of Canopius US Insurance (CUSI), in accordance with the approved business plan and defined personal authority limits.

Responsibilities

• Review individual submissions to MGA's for policies that fall outside of their assigned authority levels.
• Develop and maintain relationships with brokers and clients.
• Comply with company policies and risk appetite.
• Conduct Portfolio Management on assigned MGA programs ensuring adherence to Underwriting guidelines and contract terms such as risk limits, rates, and aggregate limits.
• Conduct regular portfolio reviews of MGA programs using company pricing models to ensure target loss ratios are achieved.
• Conduct monthly and annual audits.
• Further develop company relationships with assigned MGAs and broker partners which will include conducting meetings within their offices, during conferences and in CUSI offices.

Qualifications

Salary range : $80,000 - $120,000

About Us

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 401k, discretionary bonus, insurances including medical, dental and vision 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.

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.