Description

Are you ready to take the next step in your career with a dynamic and growing company? We’re looking for a detail-oriented, analytical, and motivated individual to join our team as an Underwriter I.

About Guardian General Insurance Limited
Guardian General Insurance Limited is a leading property and casualty insurance company dedicated to providing comprehensive coverage and exceptional service to our clients. With a commitment to integrity and innovation, we strive to protect what matters most to our customers and communities.

JOB OBJECTIVE:
The Underwriter I assesses risk exposures and evaluates the most prudent terms to apply for small and non-complex New Business Acquisitions, Renewals and mid-year amendments ensuring the company yields a profit while achieving the targeted gross income, market share, managing relationships with producers, clients and achieving customer excellence.

JOB RESPONSIBILITIES:
1.    Risk Assessment
•    Conduct risk assessment/appraisal of non-complex new business and renewal risks which includes accepting or declining the risk, determining most appropriate rates, terms and conditions.
•    Apply due diligence checks and background research on clients and their risk to be covered
•    Prepare / Provide Quotations/New Business/Renewal Reviews/Renewals/Amendments within GGIL’s underwriting guidelines, standard operating procedures, approved underwriting limits of authority and reinsurance treaties
•    Reviewing of policies and ensuring all notices and renewal listings are sent out in accordance with guidelines prior to renewal date
•    Review and discuss Renewals with all Stakeholders to achieve retention target
•    Follow up with clients or producers on renewals
•    Conduct portfolio analysis and analysis on assigned accounts to monitor performance.

2.    Monitoring and Reporting
•    Monitor Aggregates and beachfront exposure that allows for informed decision making to avoid over exposure
•    Assist administrative team with collating executive report to identify trends and address gaps thus extending greater support to Agents for improved performance

3.    Quality Checks
•    Where applicable, review underwriting transactions by binding brokers / agents to ensure accuracy and compliance with GGIL’s underwriting guidelines, SOPs and limits of authority
•    Ensure that all bordereaux are submitted and processed timely
•    Source missing information from agents to ensure the correct data is captured
•    Conduct monthly bordereau checks / audits
•    Complete underwriting audit of random files to ensure producer complies with company’s procedures  

4.    Receivables Management
•    Manage receivables in accordance with CBTT’s requirements, avoiding any negative implications on solvency of GGI, ensuring adequate cash flow for claims and investments
•    Ensure premiums are paid within the contract timeframes; support the cancellation process
•    Follow up on outstanding premiums from clients/ producers

5.    Relationship Management
•    Develop and maintain effective business relationships with producers (where applicable) to support growth objectives
                               
6.    Any other duties as assigned by the Team Leader or Manager