AVP, Specialty Lines
Position Specific Description
Palms Insurance is currently looking for an AVP, Underwriting, for the Specialty Lines team. This position is responsible for managing their own portfolio’s performance, including new business production, retention, rate/tiering execution, and portfolio management actions. Additionally, they will be responsible for managing broker relationships, underwriting referrals, and maintaining a production portfolio.
Specific Responsibilities
- Identify and pursue new business opportunities, cultivating strong broker and cedant relationships across the U.S. market.
- Lead the underwriting and negotiation of treaty reinsurance and program manager contracts, ensuring alignment with company risk appetite and profitability goals.
- Collaborate with Actuarial, Claims, and Finance teams to analyze portfolio performance and inform pricing and risk selection.
Qualifications
- Bachelor's Degree
- Experience: 8+ years relevant experience
- Master's Degree (Preferred)
- Certification: American Institute for Chartered Property Casualty Underwriter (AICPCU) or Registered Professional Liability Underwriter (RPLU), or equivalent (Preferred)
Job Overview
This position will manage a book of business by analyzing quality and quantity of risks written, prepare reports accordingly, and monitor and evaluate outcomes. This employee would recommend and implement action plans for improvement of underwriting results.
Job Duties
- Manages profitable book of business by implementing underwriting decisions (in compliance with state laws and company guidelines), evaluating results and conducting portfolio reviews
- Develops integrated pictures of factors that affect profitability, growth, retention and recommends, implements and monitors necessary action plans
- Examines, identifies and evaluates exposures by analyzing documentation from various sources, such as the insurance applications, internet searches, inspection reports, credit reports and internal subject matter expert guidance
- Makes underwriting decisions to accept, decline or modify risks within assigned underwriting authority level in partnership with management team
- Executes underwriting strategy as determined by management, including portfolio management and self-audits
- Stays abreast of trends in the product lines industry and in the insurance market
- Determine and made recommendations for marketing, pricing, products and systems
- Regularly travels to key accounts and remains a visible presence in the marketplace by participating in industry events and committees
- Led, coaches and delivers training support to develop junior team members
- Performs other job-related duties as assigned
Benefits
NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.
Company Information
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.