P&C Underwriter - Engineering Risks

JUST ONE; Kentucky; On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive compensation package

Job summary

Global Leader in Trade Credit Insurance in Kentucky seeks an experienced underwriter to manage day-to-day pricing and underwriting for new opportunities. You will assess risk data, collaborate on renewals and reinsurances, and coordinate with risk managers and sales across all phases of underwriting.

The role requires 3–5 years in a related field, knowledge of Engineering and Project Risks, and strong Greek/English language skills.

Qualifications

• Degree in Engineering, Insurance, Statistics or other relevant field.
• Master's degree and/or any insurance relevant professional qualifications are considered an asset.
• 3-5 years of professional experience in a similar role.
• Proven knowledge of Engineering Risks (MB/CMI, CECR, EEI, BI), and Project Risks.
• EAR/CAR (annual, single), ALOP, BI, Project Cargo, TPL, Energy Risks.
• Understanding of R/I concepts and line size considerations.
• Knowledge and application of Nat Cat rating tools, PML/EML calculation.
• Knowledge of risk management elements.
• Excellent command of Greek and English language (spoken & written).
• Proficiency in MS Office, especially Excel.
• Analytical skills and attention to detail.

Responsibilities

• Execute day-to-day pricing and underwriting for new business opportunities (collecting documents by Brokers and assessing relevant information).
• Assess loss history and evaluate client / manufacturing risk data as well as technical input on a variety of standard risks.
• Collaborate with team and maintain new underwriting, renewals and reinsurance activities according to international standards.
• Appoint risk assessors and external parties to assess risk, claims etc., including provision of appropriate instructions.
• Execute the underwriting process by ensuring the accuracy, completeness of relevant information and support documentation for standard operation.
• Partner with risk managers and sales during all phases of underwriting process e.g. new requests, renewals and annual reviews of existing portfolio.
• Prepare policies determining appropriate wording and insurance policy terms and conditions.
• Maintain knowledge and understanding of own local market, and correctly execute underwriting strategy in area of responsibility.
• Maintain a correct understanding of natural perils and their assessment, and apply appropriate referral process to exceptions.

Job description

For a global leader in the trade credit insurance sector.

Responsibilities

• Execute day-to-day pricing and underwriting for new business opportunities (collecting documents by Brokers and assessing relevant information)
• Assess loss history and evaluate client / manufacturing risk data as well as technical input on a variety of standard risks
• Collaborate with team and maintain new underwriting, renewals, reinsurance activities according to international standards
• Appoint risk assessors and external parties to assess risk, claims etc., including provision of appropriate instructions
• Execute the underwriting process by ensuring the accuracy, completeness of relevant information and support documentation for standard operation
• Partner with risk managers and sales during all phases of underwriting process e.g. new requests, renewals and annual reviews of existing portfolio
• Prepare policies determining appropriate wording and insurance policy terms and conditions
• Maintain knowledge and understanding of own local market, and correctly execute underwriting strategy in area of responsibility
• Maintain a correct understanding of natural perils and their assessment, and apply appropriate referral process to exceptions

• Degree in Engineering, Insurance, Statistics or other relevant field
• Master's degree and/or any insurance relevant professional qualifications are considered an asset
• 3-5 years of professional experience in a similar role
• Proven knowledge of Engineering Risks (MB/CMI, CECR, EEI, BI), and Project Risks
• EAR/CAR (annual, single), ALOP, BI, Project Cargo, TPL, Energy Risks.
• Understanding of R/I concepts and line size considerations
• Knowledge and application of Nat Cat rating tools, PML/EML calculation
• Knowledge of risk management elements
• Excellent command of Greek and English language (spoken & written)
• Proficiency in MS Office, especially Excel
• Analytical skills and attention to detail

• Competitive compensation package
• Career development and growth opportunities