Director, Products – Underwriting

Role Overview

• Integral to driving insurance product strategy and direction for RT Connector
• Identifies target capacity specifications for each line of business (class codes, geographies, products, coverages, etc.) using carrier underwriting guidelines and appetite
• Participates in the entire insurance product delivery lifecycle, including formulation and development of carrier-specific underwriting business requirements, product testing, and final release of the product
• Serves as the product line expert to the Connector team and management
• Oversees underwriting guideline changes for incumbent markets
• Provides underwriting governance and oversight
• Monitors the effectiveness of existing products and looks for opportunities to further refine, streamline, and improve
• Engages with the Compliance Department to ensure ongoing compliance
• Maintains strong communication with internal teams (PMO, marketing, compliance, actuarial, etc.) and vendors
• Responsible for monitoring the performance of assigned lines of business, especially profitability, exposure profile of the book, and top-line growth (including other carrier and Connector Key Performance Indicators (KPIs))
• Establishes and cultivates carrier relationships; maintains strong communication with carriers
• Participates in audits and/or underwriting meetings as required
• Works with our marketing team to develop tools to drive adoption of RT Connector and assist in the training of sales and other field personnel
• Delivers marketing material, including writing white papers, data sheets, and presentations
• Stays current on the small commercial insurance segment and carrier marketplace; identifies and assesses market trends to adjust strategy and bring innovative ideas to The Connector
• Identifies market segments and provides recommendations for product strategies related to the development of new products within the marketplace
• Produces thorough competitor and market analyses

Requirements

• Experience in wholesale brokerage and/or underwriting E&S commercial insurance (minimum 10 years combined)
• Experience with digital distribution of commercial insurance and carrier relationship management
• Ability to think critically and objectively about the commercial considerations associated with developing and launching insurance products on The Connector
• Ability to analyze data using excel, including pivot tables, and put together presentations using PPT
• Excellent written, verbal, and presentation communication skills
• Must be able to read, interpret, and write complex information, talk with external stakeholders, and listen attentively
• Ability to cultivate interpersonal customer and co-worker relationships – equally adept at interacting with development engineers as with business organizations
• Experience handling multiple deliverables and moving adeptly between internal and external issues and interactions
• Willingness to take on new responsibilities and work in a dynamic, fast-moving small company environment
• Bachelor’s degree from a four-year college or university; ACSR, CPCU, or similar designation preferred
• Pursues continuing education opportunities and attends industry conferences

Benefits

• Paid time off for company holidays, vacation, sick and personal days
• Paid parental leave
• Mental health services