Underwriter - Portfolio Solutions

Canopius Group; New York (NY); Hybrid; USD 100,000 - 150,000; Full time

Benefits offered by this job

Hybrid working

Discretionary bonus

Non-contributory 401k

Health, dental and vision insurance

Job summary

Canopius Group in New York is seeking a Portfolio Solutions professional to drive underwriting, data analysis and client engagement across North America within the Global Product Team. You will build and maintain innovative portfolio products within profitable guidelines and regulatory governance.

You will translate data into actionable insights, coordinate with brokers and internal teams, and support development opportunities across markets to inform Canopius strategy and risk management.

Qualifications

• 1-5 years of commercial insurance experience. Underwriting or P&C broker experience preferred.
• General knowledge in Commercial Insurance topics including Property, Liability, Specialty, Reinsurance, Lloyd's, and broader macroeconomic understanding.
• Flexibility with schedule and workflow. Ability to adapt to new tasks or workstreams.
• Comfort working with large sets of data. Fluency with Excel a must. Any experience with PowerBI or other management reporting tools a plus.
• Industry designations such as CPCU, ARe, ARM are a plus
• Bachelor's degree required

Responsibilities

• Support ongoing management of Portfolio Solutions appetite, including cross-class global broker facilities and delegated authority agreements.
• Manage premium and exposure data across multiple lines; maintain broad market knowledge of the US P&C industry.
• Translate data into actionable insights or formats for stakeholders.
• Explore ways to leverage Portfolio Solutions data to inform Canopius strategy.
• Coordinate with internal and external stakeholders to maintain contract standards and data quality.
• Implement new product development opportunities and explore cross-market collaboration.
• Work with risk analytics and Portfolio Management to track global Portfolios and Exposures.
• Assist with underwriting audit planning and budgeting considerations.
• Engage MGA and Distribution partners to gather market intelligence.
• Advise underwriting teams and leadership on evolving risk opportunities.
• Support Bordereaux ingestion and reporting processes
• Help manage claims operations for Portfolio Solutions Globally

Skills

Commercial insurance knowledge

Data analysis

Flexibility

Communication

Education

Bachelor's degree

Tools

Excel

PowerBI

Job description

The Role

Joining a new and fast-growing division of Canopius, helping build a market-leading Portfolio Solutions offering globally. This role has a focus on North America within the Global Product Team. Responsibilities will include portfolio underwriting, technical portfolio analysis, client engagement and relationship management. Building and maintaining new, innovative portfolio products within profitable guidelines and regulations, facilitating underwriting activities and programmes that are of high standard and compliant to Canopius' governance.

Responsibilities

• Support ongoing management of Portfolio Solutions appetite, which includes cross-class global broker facilities, delegated authority agreements, and evolving complex agreements.
• Manage premium and exposure data across multiple lines and products. Have a broad market knowledge or understanding of the US P&C industry. Experience with Lloyd's a plus.
• Translate data into useable and actionable insights or formats.
• Explore ways to leverage Portfolio Solutions data to inform broader Canopius strategy.
• Coordinate with internal and external stakeholders to maintain contract standards, manage referrals, and ensure data quality.
• Implement new product development opportunities and explore collaboration opportunities across markets.
• Work with risk analytics and Portfolio Management teams to track and monitor global Portfolios and Exposures to understand cross-class risk profile.
• Assist with the planning and organization of annual underwriting audit schedules and action plans, with time and budget considerations.
• Meet regularly with MGA and Distribution partners to gather market intelligence beyond individual line performance.
• Advise open market underwriting teams and executive leadership on evolving risk opportunities.
• Support operations teams with Bordereaux ingestion and reporting processes
• Help manage claims operations and communications for Portfolio Solutions Globally

Skills And Qualifications

• 1-5 years of commercial insurance experience. Underwriting or P&C broker experience preferred.
• General knowledge in Commercial Insurance topics including Property, Liability, Specialty, Reinsurance, Lloyd's, and broader macroeconomic understanding.
• Flexibility with schedule and workflow. Ability to adapt to new tasks or workstreams.
• Comfort working with large sets of data. Fluency with Excel a must. Any experience with PowerBI or other management reporting tools a plus.
• Industry designations such as: CPCU, ARe, ARM are a plus
• Bachelor's degree required

Salary Range: $100,000 - $150,000

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 401k, discretionary bonus, insurances including medical, dental and vision 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 Lloyd's 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.

Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's 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.