Finpro Underwriter

In order to support the continued growth of Canopius in Australia, the business is looking to appoint a lead underwriter, FINPRO to build out the professional indemnity product offering in the ANZ region.

**Key Accountabilities**:

- Responsible for developing a realistic and sustainable business plan focusing on developing a FINPRO portfolio and team in Australia and New Zealand, targeting predominantly professional indemnity and miscellaneous professional indemnity
- Liaising with Head of International Casualty, and Underwriter, Casualty - APAC, to build out a separate treaty contract with existing reinsurance partners that will adequately protect the FINPRO product offering in line with company risk appetite
- Day to day underwriting of single risk open market opportunities as well as binder business across the FINPRO product offering
- Cross market collaboration with the Australian liability portfolio to enhance open market and binder opportunities across both classes
- Developing policy wordings, endorsement suites, underwriting guidelines, working with actuarial team to build rating models and other key infrastructure needed to begin the portfolio
- Working with IT developers to build a lot of this infrastructure into our internal online quote to bind system
- Work with Data Steward to ensure bordereau information received from Coverholders is provided in a timely and accurate manner
- Develop a good understanding of the Lloyd’s of London model including knowledge of processes, systems, premium booking and credit control requirements over time
- Maintain underwriting files
- Advising the team of upcoming risks and chasing renewals with brokers
- Assist in preparation of all necessary contract documentation for referral, new and renewal business
- Ad hoc management reporting as required using “Qlikview” & “Midas”
- Compile underwriting reports as appropriate
- Staff hiring to build out the team as necessary based on achieving growth targets over the first two years
- Monitoring underwriter workloads and reporting to ensure all risk records are completed within the time frame within the underwriting guidelines
- Ensure compliance with regulatory and internal procedures
- Liaising with brokers on facilities, reviewing broker pipeline reports and chasing for upcoming accounts
- Develop and maintain relationships with brokers and clients
- Maintain underwriting team meeting agendas, minutes and action point follow-up
- Help promote and champion our Diversity and Inclusion initiatives throughout the company and APAC region

**Skills and Experience**:

- Previous experience managing/writing the FINPRO product classes in Australia with a focus on professional indemnity and miscellaneous professional indemnity
- Must have open market contacts and adequate experience in such markets
- Ability to strategise, set aggressive, yet achievable work targets and KPI’s
- Leverage own broker relationships throughout Australia helping deliver new business opportunities to grow your own portfolio and others
- Demonstrate flexibility to work on selected cross sell opportunities with other classes internally if they meet profitability requirements
- Attention to detail including a clear understanding of the processes to be successful in the role
- The desire to challenge the status quo
- Empower others to learn and develop in a supportive environment
- Confidence and ability to question and navigate complex problems
- Ability to simplify complex situations and deal with the constituent aspects
- Prior experience of working within a Lloyd’s syndicate or broker would be a bonus
- Some prior standing in reinsurance, specifically on the treaty side, is useful
- Having a background of running binder business