Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 38877
Job Openings by Title Assistant Vice President
Location Ontario, Canada
Position: Assistant Vice President
Company: Insurance
Location: Ontario
Job ID: 38877
-Underwriting new and existing business in accordance with current guidelines and within individual underwriting authority limits.
-Assist in the business planning process generally, as well as specifically, in respect to the lines of business personally written.
-Continuous monitoring of portfolio performance versus agreed targets.
-Establish new business enquiries and continue to develop existing business relationships.
-Execute agreed business development and marketing strategies, developed with executive management, working both individually and within a team. This may require overseas travel.
-Maintain awareness of changing insurance/reinsurance/retro market conditions to take advantage of new opportunities.
-Ensure that the administration of the document management and workflow systems (including the review and execution of slips, contract certainty checklists, population of pricing other risk management information, the maintenance of files and records, underwriter and peer reviews) is carried out in accordance with internal procedures.
-Monitor aggregate exposures by line of business and geography to meet the needs of the risk management framework.
-Other projects as assigned

-Bachelor’s degree required
-Associates in Reinsurance (ARe) and Chartered Property and Casualty Underwriter (CPCU) designations preferred, evidence of active progression towards same may be qualifying
-Experience in the reinsurance industry, both treaty and retro, required - as evidenced by a minimum of 5 years of underwriting treaty and/or retro, or relevant, experience
-Excellent interpersonal, communication and presentation skills. Must demonstrate the ability to share knowledge with other team members.
-Proven knowledge of global insurance, reinsurance and retro markets with emphasis on London Lloyds Retro market place and North American Treaty business. Must be aware of regional differences in contract coverage’s and reinsured perils.
-Ability to develop and advance close business relationships with reinsurance brokers and buyers around the world.
-Proven marketing skills with in-depth line of business knowledge and a demonstrated ability to create new business opportunities; possession of close relationships with reinsurance and retro brokers and buyers in the London and North American markets.
-Demonstrable record of underwriting or broking retrocession and treaty business in the London market insurance companies and Lloyds Syndicates.
-Strong understanding of actuarial pricing models for the various lines of business
-Working knowledge of strengths and weaknesses of external vendor catastrophe simulation models and the Validus View of Risk for both treaty and retro business
-Proficiency with Microsoft Office Suite of applications
-Proven organizational and timekeeping skills and a strong sense of attention to detail are essential
-Excellent verbal and written communication skills i.e. a thorough command of the English language including excellent spelling, grammar and punctuation.
-The ability to deal effectively and courteously with clients and colleagues, and to exercise discretion and confidentiality in all matters.
-Must be able to work outside of normal office hours including evenings, weekends and public holidays if necessary
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