AVP - Property
UFG Insurance · Cedar Rapids, IA · 2 wk ago
RemoteRemoteSales$155k–$204k/yrFull-time
Responsibilities
- Assume shared responsibility for P&L for the inland marine line and property lines of business.
- Aid in the strategic initiatives for property and inland marine lines of business.
- Review property and inland marine referrals based on technical complexity, market segmentation strategy, market appetite, and collaborate with business leaders, product development, CAT management, claims groups, and branch leadership to ensure alignment.
- Responsible for adhering to property catastrophe strategy and aggregation management and execution across all business units and geographies.
- Provide guidance on acceptability of the most complex underwriting risks.
- Provide technical expertise and serve as a resource to business units, segments, risk control, region managers, underwriting managers, supervisors, and underwriters.
- Conduct research for underwriters on specific classes of business, operations, or any other technical subject requiring similar analysis related to property and inland marine.
- Maintain current knowledge of regulatory environment and emerging issues within property and inland marine.
- Collaborate with internal partners to develop and deliver training to drive property and inland marine expertise across the Underwriting and Risk Control organizations.
- Lead collaborative and effective teams as assigned, analyzing and resolving problems, and executing team strategy.
- Develop key analytic insights, leading indicators, and profitability drivers through internal and external research for property and marine lines of business.
- Maintain the mix of business for the property and inland marine portfolios, identifying shifts in the mix, evaluating performance, and uncovering areas of opportunity for growth through expanded appetite and profit improvement.
- Collaborate with all stakeholders involved in the execution of property and inland marine related deliverables, upholding the highest standards of transparency and proactive communication.
- Proactively research, provide analysis, and recommendations for implementation of new property and inland marine appetite ideas.
- Contribute to the evaluation of the competitive landscape to ensure sustainability of the property and inland marine books of business and make recommendations to improve competitiveness.
- Act as a subject matter expert and maintain a thorough knowledge of company Product features and benefits as well as industry trends.
- Develop and maintain strong agency relationships with key customers to ensure positive and profitable outcomes on complex accounts.
- Assist in annual per risk and CAT treaty reinsurance activities.
- Maintain all responsible expenses within budget and proactively seek better and more efficient alternatives.
- Deliver an effective human capital strategy, prioritizing employee development and providing accountability and resources for employees to achieve organizational goals.
Qualifications
- Bachelor's degree in a related field required.
- Master's degree preferred.
- CPCU designation preferred.
- Experience: 10+ years total experience in property/casualty insurance, with a background in property/marine risks. 5+ years of management experience preferred.