Technical Assistant DA North America- Fixed Term Contract

Canopius; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A global specialty lines (re)insurer in London seeks a Technical Assistant to support the underwriting process for Binding Authority contracts. Your role involves maintaining relationships with intermediary partners, analyzing performance metrics, and identifying new opportunities within the underwriting function. Candidates should possess strong insurance knowledge and underwriting strategy skills. The position offers a hybrid working model and a comprehensive benefits package.

Benefits

Hybrid working

Competitive base salary

Non-contributory pension

Discretionary bonus

Health and dental insurance

Responsibilities

• Contributes to plans for the book of business and tracks performance.
• Maintains trusted relationships with intermediary partners.
• Evaluates performance of intermediary partners in business production.
• Monitors production and communicates quality measures.
• Prices business according to strategy.
• Proactively reviews data to identify new underwriting opportunities.
• Monitors changes in laws affecting underwriting.

Skills

Underwriting Strategy

Insurance Knowledge

Pricing and Risk Selection

Insurance Negotiation

Stakeholder Engagement

Data Analysis & Review

Regulatory Compliance

Underwriting Portfolio Management

External Environment Knowledge

Product Development

Business Development

Business Process Improvement

P&L Management

Presentation Skills

Product Distribution Strategy

Job description

Overview

The Role

The Technical Assistant assists in delivery of new and renewal underwriting of Binding Authority contracts within the Delegated Authorities North America division, including selecting facilities and underlying risks in line with the Canopius strategy and underwriting guidelines, operating within authority and documentation guidelines.

Key Responsibilities

• Contributes to plans for the book of business, tracks and reports performance to plan, and develops a clear view of market conditions and competitive landscape.
• Maintain trusted relationships with intermediary partners.
• Evaluates the performance of intermediary partners in production of business.
• Monitors and communicates production, hit ratios, renewal retention ratios, spread of risk and other production and quality measures.
• Prices business in accordance with pricing and underwriting strategy.
• Reviews data proactively as a method to identify new opportunities within the underwriting function.
• Monitors resources regularly for changes in laws and market conditions that will impact the underwriting department and procedures.

Skill & Experience

• Underwriting Strategy
• Insurance Knowledge
• Pricing and Risk Selection
• Insurance Negotiation
• Stakeholder Engagement
• Data Analysis & Review
• Regulatory Compliance
• Underwriting Portfolio Management
• External Environment Knowledge
• Product Development
• Business Development
• Business Process Improvement
• P&L Management
• Presentation Skills
• Product Distribution Strategy

Our Benefits

ABOUT US

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental 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 Lloyd0s 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.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone 16s 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.