VP, Senior Underwriter, Property

Odyssey Reinsurance Company (OdysseyRe) is the global reinsurance arm of Odyssey Group, one of the world’s leading providers of reinsurance and specialty insurance, and subsidiary of Fairfax Financial Holdings Limited, which is traded on the Toronto Stock Exchange under the symbol FFH. OdysseyRe offers a broad range of property, casualty, and specialty reinsurance solutions through a network of branch and representative offices across North America, Latin America, EMEA (Europe, Middle East & Africa), AsiaPacific and London.

Reinsurers are part of the financial services industry, providing capital and risk management solutions for clients to efficiently manage economic risk. OdysseyRe is rated A+ (Superior) by AM Best and A+ by Standard and Poor’s. OdysseyRe is an equal opportunity employer with excellent benefits and a strong commitment to providing training and opportunities for our staff. We provide employees an innovative, enriching environment and take great pride in their career growth.

Position Summary: 

The VP, Senior Underwriter is responsible in directing the underwriting department with planning and marketing activities including development of underwriting guidelines, establishment of department objectives and procedures for underwriting analysis, production, and staff management. The VP, Senior Underwriter also evaluates and authorizes all business referred by underwriting staff, recommends levels of underwriting authority, and provides guidance in interpreting and applying underwriting policy.

Essential Functions:

Participates in executive management and operational planning
Provides leadership and direction to underwriters and department managers regarding the company’s corporate mission, performance goals, profitability and corporate culture
Develops and monitors the company’s underwriting philosophies, strategies and their implementation including lines of business, products and services.
Manages and oversee existing key clients relationships at an executive and corporate level
Ensures that marketing intelligence is collected, centralized, communicated and acted upon by the underwriting staff to identify and develop business opportunities for the company.
Ensures client recognition and servicing, as well as determining client needs and new products.
Performs underwriting analysis of potential clients by conducting analyses of their experience, exposure, management, rates, coverage, financial market and competitors in order to determine profit potential.
Markets reinsurance services to current and prospective clients through sales meetings, industry membership, participation in seminars, industry events and speeches to gain profitable portfolios and foster positive relationships

Job Requirements: 

Strong analytical skills.
Ability to communicate effectively at all levels in the company
Ability to manage both support staff and client relations
Maintain confidentiality of company-sensitive data
Exercise discretion and independent judgment
Keep supervisor informed of activities and situations which will impact the achievement of corporate and department goals and objectives
Perform other related duties as required to achieve the goals and objectives of the company and department.
Ability to travel frequently

Education and Experience: 

College degree or equivalent
Knowledge of the reinsurance industry as it pertains to coverages, rate making process, risk exposures and contracts. 
Minimum of 10 years in reinsurance

Supervisory Responsibilities:  

This position entails significant supervisory responsibilities, including but not limited to: hiring, firing, reviews, headcount justifications, and other staffing related responsibilities.

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