Assistant Vice President

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

The primary focus of the Underwriter is producing, underwriting and retaining profitable business for the company. With respect to the commercial lines P&C insurance sector, underwriters are oftentimes at the forefront of the underwriting process for their team, and as such are expected to underwrite insurance risks in accordance with the approved business plan, individual authority levels and company policy. Underwriters report directly to the Senior Vice President (SVP) Underwriting and contribute directly to the production and retention goals of their respective team and product line. In that regard, their day to day role is to underwrite, maintain and grow the Brit portfolio in accordance with their team’s business plan, strategy, authority levels and regulatory environment.

The primary focus of the Underwriter is producing, underwriting and retaining profitable business for the company. With respect to the commercial lines P&C insurance sector, underwriters are oftentimes at the forefront of the underwriting process for their team, and as such are expected to underwrite insurance risks in accordance with the approved business plan, individual authority levels and company policy. Underwriters report directly to the Senior Vice President (SVP) Underwriting and contribute directly to the production and retention goals of their respective team and product line. In that regard, their day to day role is to underwrite, maintain and grow the Brit portfolio in accordance with their team’s business plan, strategy, authority levels and regulatory environment.

Essential Duties and Responsibilities:

• Manage the entire underwriting cycle for individual accounts and assist in the preparation of and calculation of underwriting figures for input into the Business Plan.

• Identify exposure to loss and recommend appropriate pricing and coverages.

• Maintain quality control of renewal expirations, avoid any lapse in coverage.

• Investigate and reconcile financial inquiries and discrepancies relating to bound policies.

• Gather and evaluate relevant underwriting and risk information independently; communicate findings and analysis to other key Brit staff and management. • Initiate pricing discussions on new and renewal accounts; liaise with Actuarial and management to ensure pricing approach is competitive yet profitable

• Negotiate and commit underwriting capacity financial arrangements in the best interest of the company, long and short range; ensure that business is being carried out within underwriting capacity.

• Promote account rounding and cross-sell/referral opportunities.

• Provide technical expertise in coordinating the inside service of new and existing clients through sales, account development, and problem solving in accordance with the objectives and procedures. • Advise clients on policy coverages and policy contract wording.

• Ensure that all submissions are written within regulatory guidelines. • Participate in discussions on risks written by other offices within Brit 2

• Establish and maintain knowledge of internal controls and all procedures relating to underwriting.

• Identify and raise issues with in-force accounts / risks; using best judgement, liaise with a variety of other disciplines including claims, legal and/or loss control on issues; recommend solutions to ensure risks are mitigated or referred to management.

• Construct bespoke policy wordings and endorsements; Use discretion when recommending changes to terms and conditions.

• Carry out research on specific accounts as appropriate.

• Travel to and participate/lead client meetings; use judgement on how best to balance costs with business needs.

• Maintain key client relationships critical to the on-going success of the business

Decision Making Responsibilities:

• Responsible for the appropriate recording of risk, premiums, claims exposures and aggregates so as to enable timely reporting of all relevant information to the syndicate, board and regulatory bodies.

 • Participate and present own risks written at Peer Review meetings to articulate analytical approach to underwriting decisions.

Regulatory Conduct Rules

1. Act with integrity.

2. Act with due skill, care and diligence.

3. Be open and co-operative with Lloyd’s, the FCA, the PRA, and other regulators.

4. Pay due regard to the interests of customers and treat them fairly.

5. Observe proper standards of market conduct. Education, Qualifications, Knowledge, Skills and

Experience

• Degree from a reputable University/College.

• Good overall educational qualifications. Progression towards or have obtained their CPCU or other relevant insurance professional qualifications.

• Broad knowledge and understanding of US E&S/Admitted Insurance property classes including general commercial, industrial, habitational and public non-profit risk.

• General understanding of the US legal and regulatory environment.

• Knowledge of the US and/or local Insurance market changes and trends.

• Ability to work independently and exercise sound judgment

• Excellent interpersonal, communication and presentation skills.

• Good analytical, written and numeric skills.

• Advanced IT skills, including Microsoft Excel, Word and PowerPoint.

• Effective prioritization and organizational skills.

• Solid relevant broking and/or underwriting experience, gained within general, commercial Insurance. • Experience on working with Underwriting systems

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.