AVP - Lead Liability Underwriting
Apply NowJob Description
Key Responsibility
1. Strategy Development & Execution
Formulate and implement a structured underwriting and portfolio strategy aligned with global and regional GC&C LOB guidelines.
Define and monitor KPIs for underwriting processes.
Ensure technical adherence to GC&C risk appetite and operational standards.
Lead market-facing underwriting activities and product positioning.
Key Result: Sustainable and diversified portfolio delivering long-term profitability.
2. Underwriting Performance & Portfolio Management
Own full P&L responsibility for the LOB.
Achieve top-line (GWP) and bottom-line (NTR) business objectives.
Implement corrective actions based on product or hazard grade, producer, or market performance.
Strengthen relationships with brokers, clients, and industry stakeholders.
Key Result: Delivery of planned revenue and profitability targets.
3. Underwriting Excellence & Technical Enablement
Drive adherence to technical underwriting guidelines and tools.
Monitor financial KPIs including premium adequacy.
Control data accuracy, risk exposure, and accumulation levels including CAT modeling.
Utilize GC&C treaties to reduce leakage and improve profitability.
Key Result: Accurate underwriting, improved risk selection, and enhanced profitability.
4. Governance & Regulatory Compliance
Implement GC&C governance frameworks (e.g., UQAs, TURs, accumulation controls).
Ensure compliance with internal policies and external regulatory guidelines.
Maintain and update local LOB underwriting guidelines.
Coordinate with internal departments including Audit, Finance, Actuarial, and Planning.
Key Result: Strong audit controls and regulatory compliance.
5. Leadership & Talent Development
Build and lead a high-performing underwriting team.
Drive capability development, coaching, and knowledge sharing.
Foster a culture of collaboration, accountability, and continuous improvement.
Create a talent pipeline for succession planning.
Key Result: Engaged, skilled, and performance-driven team.
Skills Required
- Deep understanding of underwriting, risk selection, and portfolio management
- Strong knowledge of local insurance market and competitive landscape
- Excellent stakeholder management, negotiation, and coaching abilities
- High analytical, communication, and presentation skills
- Team-building and leadership qualities
- Proficiency in English (additional languages a plus)
- Willingness to travel as required
Requirements
- Experience Level: Senior
- Experience Required: 10 - 15 years
- Employment Type: Full-Time
- Qualification: Graduation
- Skills: • Risk Management & Mitigation., Portfolio Management, Corporate Insurance Policy Management, • Negotiation & Deal Closure, • Marketing Communications, Underwiriting