AVP - Casualty Reinsurance Operations and Analytics

Remote: 
Full Remote
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Offer summary

Qualifications:

Bachelor's degree in a relevant field such as finance, actuarial science, or business administration., Strong analytical skills with experience in underwriting and data validation processes., Proficiency in Excel and familiarity with pricing models and reporting tools like Power BI., Excellent communication skills for liaising with various departments and brokers..

Key responsibilities:

  • Collaborate with the underwriting team on pricing support and account analysis for new and renewal business.
  • Manage the administrative process of the underwriting cycle and ensure data integrity across departments.
  • Lead weekly review meetings and assist in creating management reports and presentations.
  • Oversee the Senior Underwriting Assistant and ensure timely completion of underwriting tasks.

Amynta Group logo
Amynta Group Insurance Large https://www.amyntagroup.com/
1001 - 5000 Employees
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Job description

We’re thrilled that you are interested in joining us here at the Amynta Group!

Underwriting – Work with the underwriting team on new and renewal business through pricing support, ongoing analysis of individual accounts and the casualty portfolio. Track the underwriting process in tandem with the underwriters to ensure accounts are accounted for and bound properly. Identify issues and create solutions to improving underwriting-related processes. The role will work closely with both the Casualty Managing Director and team lead Pricing Actuary on a variety of ad hoc reports, presentations and analyses.
The role will also manage the team Senior Underwriting Assistant and oversee aspects of their role including, but not limited to, submission entry, validating account information, reconciling figures, technical/financial processing, etc.

Operations – Manage the administrative process of the underwriting cycle; liaison across departments (Operations, Finance, Actuarial, Claims TPA) to ensure proper processing and data integrity. Work closely with the Managing Director to provide data and reporting to our key capacity providers as required.

 Underwriting

  • Data validation – Troubleshoot data issues as they arise to ensure that program premium and terms are correctly captured in pricing models, Ambridge Power BI tables, Velocity and internal Excel trackers.
  • Lead administrative buildout for new business and new capacity in coordination with underwriting, actuarial, operations, and finance.
  • Pricing Model & Program Trackers – Work with underwriters to identify and fix issues/errors in Excel files.
  • Lead weekly review meetings on monthly premiums to Managing Director and team.
  • Management Reports – assist in providing numbers and information for key management reports as requested, create presentations as needed.

  • Underwriting Reports – maintain/improve/build reports and trackers in support of the teams’ underwriting and marketing needs.
  • Build new processes and improve existing processes for the organization of underwriting documentation and electronic records.
  • Broker relationships - liaise with brokers as required.
  • Manage Senior UA to ensure UA tasks are completed correctly and on time. This includes submission entry, data reconciliation, program filing, etc.
  • In coordination with Senior UA, monitor ongoing status of risks written, guide/assist underwriters to ensure programs are in system on time, identify areas in need of improvement within the underwriting cycle.
  • Further train/develop the Senior UA as needed.

  Operations – Liaison with Finance, Actuarial, Operations, Claims

Finance

  • Build and establish the premium adjustments process with finance to identify premium to be collected and ensure payments are handled in a timely manner.
  • Maintain communication with the finance lead to track progress of allocated cash, identify programs in need of attention.
  • Improve process of flow between underwriting and finance where needed.
  • Provide status updates to Managing Director and team.

Actuarial

  • Pricing Model – liaison between underwriters and actuarial to coordinate and lead improvements and revisions in the pricing models.
  • Coordinate on data capture for capacity partners, quota share/XOL needs, management reports.

Operations

  • Velocity - identify issues with programs setup and data upload in Velocity, coordinate with Operations to resolve bugs/errors.
  • Serve as a key lead in new Reinsurance system buildout (to replace Velocity) and lead the migration process on behalf of the Underwriting team.

Claims

  • Oversee that Claims TPA requests are handled in a timely fashion.
  • Monitor communication between TPA and finance/claims/underwriting to ensure loss payments are moving.
  • Provide guidance on info requests as handled by Senior UA.

The Amynta Group (the “Company”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants.

Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and/or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.

Required profile

Experience

Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Microsoft Excel
  • Collaboration
  • Teamwork
  • Communication
  • Problem Solving

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