Underwriting Manager Belgium

Job content

Brussels | full-time

Purpose

Within the parameters of the Underwriting Management Team and in close collaboration of the Country Manager, the role holder is responsible for ensuring that all underwriting processes are embedded, optimized and monitored.

Key Areas Include

Contribute to the Strategy of the business unit locally together with the local Management team

• Challenge and approve the loss ratio performance including the class strategies and align with the SBU as a whole.
• Lead the challenge of underwriting performance through the class review process and meetings
• Keep the Country Manager and Executive Underwriting Manager informed of any key underwriting developments and issues and gain approval for actions to be implemented
• Effectively manage and implement change, to ensure the Business Unit is able to deliver goals in competitive and ever-changing markets
  

Coordinate the Business Planprocess and monitor performance against BP.

• Ensure timely co-ordination, input and production of the annual Business Plan
• Monitor progress versus the Business Plan, taking any appropriate corrective actions
  

Implement and embed MSAmlin Policies, Procedures and Standards

• Via meetings & control reports, ensure and monitor that the Amlin Policies, Procedures and Standards are implemented and adhered to
  

Challenge the efficiency and quality of Operations and Services

• Work with the Quality Assurance team so that underwriting & administration teams are operating in accordance with relevant policies and standards, including data quality.
  

Ensure the accuracy, analysis and periodic reporting of Management Information

• In collaboration with PMI and other sources, provide sufficient reports to support control over the business
• Compose and ensure that relevant management meeting packs are provided in a timely manner
  

Ensure proper execution of theForecastingprocess

• Responsible for the appropriate production of forecasting and reporting processes – accurately representing and analysing data
  

Contribute to the quarterly Reserving process

• Ensure a consistent and rigorous challenge to actuaries on both a gross and net basis
• Ensure accurate quarterly result forecasts, as well as a correct insight into how these results are realized.
• Guide the DFA process
  

Manage the Class Review process locally including Class Strategies and Segmentation analysis and plans

• Manage Class Reviews and ensure timely follow-up of Actions and issues
  

Support the development of Technical Pricingin accordance with the overall plan

• Ensure collaboration with the actuarial team support pricing activities enabling a consistent underwriting and pricing methodology across the relevant lines of business
  

Ensure that UW Guidelines, Line-guide and UW Authoritiesare updated and in place at all times.

• Provide input to managers in support that authorities reflect UW abilities
  

Manage and monitor (together with the Risk Reviewer) the local Risk Reviewprocess

• Responsible for overall quality and timeliness of the Risk Review process and quarterly reports
• Ensure “lessons learned” are shared amongst the appropriate staff
  

Manage local Exposureincluding ownership of the data

• Input and guidance into the RDS processes on a timely basis ensuring consistent and accurate data is used and cascaded limits are adhered to
• Ensure no overexposure of risks and that the local operation remains within the agreed parameters, reviewing and taking corrective actions where appropriate
  

Ensure that necessary RI Datais in place enabling a timely RI renewal

• Review plans and RI programme, adding value to the internalisation of RI
  

Ensure local adherence to all Compliance and Riskrelated issues

• Ensure that regulatory requirements are embedded into the Business Plan
• Ensure continuous implementation of Compliance and Risk Management with relevant Group policy, risk, regulatory and legal requirements, reporting any issues as appropriate.
  

Facilitate and follow up on External and Internal Audit and Expert Reviews

• Coordinate Internal Audits and Expert Reviews, ensuring action points are carried out and embedded within time limits
  

Engage in organisation of UW Training

• Together with local management, ensure high levels of engagement, training, motivation and retention of our talent and key performers
  

Engagement in various in various UW- related and operational Boards

• Engagement in relevant teams and boards, to provide insight into growing the business from an underwriting management perspective.
  

VariousAd hoc actions

• Work with Claims and Finance to ensure an overall view of the local P&L
• Act as a central “go to” point for problem solving
• Co-ordinate with the Group Binder Management team to deliver an effective and timely support to underwriters
• Responsible for the provision of local wordings support, ensuring it is consistent, efficient and commercially astute
• Manage the Expense Management and Control process
  

Cross Country Responsibilities

Take on cross country responsibility for specific areas of work within the Underwriting Management team. Each area should be clearly defined so that the overall process is transparent for all. All roles should be clearly set out in order that expectations can be met. The cross country responsibilities are set out in order to ensure an aligned approach across the offices in P&C Europe. The responsibility should also include follow up and reporting on progress and status in each country. Any issues shall be taken up firstly with the local UM but should also be reported regularly to the EUM and at the UM Forum.

Key Competencies

Job Specific

• Good understanding and knowledge of relevant regional underwriting environment
• Demonstrate clear understanding of underwriting dependencies and how this impacts on the overall and individual product lines
• Demonstrate ability to make sound commercial decisions whilst ensuring regulatory compliance
• Ability to work collaboratively across the business, building effective relationships
• Matrix management experience
• Demonstrate the link between client intimacy and the underwriting process – solution orientated.
  

Generic

• Stakeholder management
• Problem Solving
• Flexible and adaptable
• Working Across Functions
• Self-Management
• Business Awareness
• Result Orientated
• People Management
• Customer Focus
• Multi-tasking ability
• High Energy
• Inquisitive.

Full time