The role | |
To operate within defined authority to accept and assist in the management of risk for the purpose of underwriting a profitable account on behalf of Aspen Re. Responsible for multi-line casualty business with an emphasis toward Professional Liability, E+S, Commercial Umbrella, Excess Casualty, General Liability, Auto and Worker's Compensation. |
Business Management:
- To be aware of, and comply with, the appropriate regulatory requirements for the territory / territories operated in
- Through the provision of high quality and efficient services, establish and develop relationships with brokers and clients
- Be willing and able to travel for business purposes, including overseas visits where necessary
- Actively participate in the development and execution of the departmental business plan
- Demonstrate a high level of competency in the analysis and interrogation of data
- Support and represent Aspen Re on market associations and trade bodies
- To operate as an effective team member to support colleagues across other Aspen business and service units to assist in the delivery and achievement of wider corporate objectives
- Where applicable, create, operate, evaluate and improve existing rating tools
- Develop new business in line with the departmental business plan and Aspen Re strategy
- Attract new business to Aspen Re via brokers
- Maintain awareness of Aspen Re's product range and take advantage of opportunities to introduce other Aspen products to clients
Underwriting Management:
- Review, negotiate, accept or decline risks on behalf of the Company
- Ensure all business is thoroughly evaluated and rated, and that risks written adhere to the Aspen Re Underwriting Standards and individual Authority Limits
- Ensure management and reporting of portfolio aggregates are in line with appetite and tolerances as per the departmental business plan
- Assist with the development and modification of policy wording clauses and exclusions as circumstances require and as directed by the team leaders
- Where appropriate and to the benefit of the underwriting portfolio, be involved and recommend the purchase of outwards reinsurance