We are currently seeking a qualified individual to join our dynamic, forward-thinking Specialty Insurance Underwriting team.
Assistant Vice President, General Aviation - Canada
Reporting to the Vice President, General Aviation, the successful applicant will support the growth and day-to-day management of the company's General Aviation underwriting portfolio in Canada, bringing strong technical expertise and broker relationships to the role. This person will work closely with the VP to execute on risk appetite and pricing strategy, and to support the development of underwriting guidelines, procedures, policy language, rating plans and reinsurance for general aviation risks, including fixed- and rotor-wing aircraft, fixed-base operators, airports and aviation products.
As an integral member of the team, you will bring:
- Strong technical knowledge of general aviation risks, aircraft hull and liability coverage, and Transport Canada regulatory requirements
- An innovative mindset for delivery through solutions
- An entrepreneurial, self-motivated approach with a collaborative spirit
- Passion for excellence and attention to detail
- Excellent interpersonal skills with strong written and verbal communication
- Ability to thrive in a fast-paced environment with multiple priorities
- Proven ability to think analytically, conceptually and systematically to resolve problems quickly and effectively
- A capacity to synthesize information and implement solutions, exercising flexible and sound judgment
- Strong execution and planning skills
- A reputation as a trusted advisor focused on adding value as a partner, internally and externally
- Established relationships with general aviation brokers, agents and managing general agents (MGAs) across Canada.
Responsibilities include:
- Underwrite and manage an assigned book of general aviation risks within delegated authority, in line with the risk appetite and pricing strategy set by the VP and corporate underwriting guidelines.
- Research and analyze aviation market trends, loss trends and competitor products, and make recommendations to tailor products and supporting materials as warranted.
- Evaluate and underwrite general aviation risks, including fixed- and rotor-wing aircraft, fixed-base operators (FBOs), airports and aviation products/completed operations.
- Monitor assigned portfolio performance, including loss ratios, retention and growth, and recommend corrective action as needed.
- Build and maintain relationships with general aviation brokers, agents and MGAs across Canada to drive new business and retain profitable accounts, staying at the forefront of changing market needs and trends.
- Develop and present general aviation underwriting and product training materials to internal stakeholders and distribution partners.
- Support the VP in developing treaty and facultative reinsurance proposals to secure and maintain adequate capacity.
- Assist in the development of underwriting guidelines, procedures, rating plans and technology platform for the general aviation line.
- Build out underwriting parameters of online portal for aviation business and drive broker adoption to ensure quick and efficient handling of PB&P and other small General Aviation risks.
- Support the VP in mentoring and coaching underwriting team members, helping build strong, engaging partnerships with key brokers and agents across Canada to profitably grow the line.
Qualifications:
- Bachelor’s degree or post-secondary education in business, finance, accounting, marketing, or insurance preferred
- 15+ years of experience in underwriting General Aviation insurance product lines
- 10+ years of experience managing a team
Location:
Downtown Toronto - Hybrid
If you are looking for a career in an exciting and rewarding company, are driven to excel, thrive in a team environment and want to contribute to the success of an organization that values your contribution, we would like to hear from you!
We thank all candidates for their interest however only those selected for an interview will be contacted.