Leads and directs an underwriting group and is accountable for business results through overall management, profitability, and business development of a book of business
Directs the work activities and has full management responsibility for the performance and development of subordinate staff in accordance with corporate strategic direction
Onboards, trains, coaches, leads and develops underwriters and participates in the development of underwriting training and accountable for granting underwriting authority
Participates with senior management in the development and implementation of underwriting policy, marketing and business strategy; responsible for reviewing and approving referrals within authority
Drives regional and business unit initiatives and strategies and holds underwriting team accountable for execution; develops and implements operating plans for enhancing the business and meeting strategic objectives
Reviews and directs the application of underwriting policy and pricing for all risks within an assigned book of business for new and renewal business; drives adherence to documentation and referral standards and completes file reviews to drive continuous improvement in underwriting quality
Market products and services through agencies or through the brokerage community
Develops and maintains agency and/or broker relationships to ensure positive and profitable outcomes
Reports business progress to senior management
Keeps current on state/territory issues and regulations, industry activity and trends
May represent the company in industry trade groups
Requirements
MBA or its equivalent in experience
Typically a minimum of ten years of underwriting experience with a proven track record of results
Ability to effectively lead, coach and develop an underwriting group
Excellent communication, negotiation and presentation skills
Senior level technical and business management acumen, underwriting skill and knowledge of insurance and underwriting principles, practices and procedures
Excellent analytical and problem solving skills, with the ability to manage multiple projects and teams
Ability to deal with ambiguous situations and issues
Creativity in resolving unique and challenging business problems
Knowledge of Microsoft Office Suite and other business-related software