Chief Underwriting Officer

Responsibilities

• Oversee the development and management of underwriting strategy, aligning with the overall BFM strategic plan, and translating the strategy into clear underwriting guidelines and limits of authority.
• Develop Inland Marine products to meet the needs of our underwriting strategy and the attributes of risk that allow us to price and cover exposures properly.
• Lead market research and stays abreast of emerging trends and identifies innovative products for evaluation and development.
• Work with Actuarial team to develop pricing and underwriting strategies to attain and improve profitable growth.
• Evaluate our CAT accumulation and aggregation and develop risk strategies that keep our AAL’s in line with our net loss approaches.
• Collaborate with Regional teams to develop an efficient set of processes that deliver creative, customized underwriting and risk management solutions while meeting the expectations of our partners.
• Evaluate the Operating Unit portfolio to reflect an appropriate balance between segments and diversification of line of business.
• Lead Product Line Reviews
• Oversee Authority and work with UW Quality Director and Field organization on implementation and maintenance of authority statements and UW Quality standards.
• Meet as needed with the Senior Leadership Team and President to analyze, recommend, and report on the progress of objectives and projects.
• Partner with Head of Field Underwriting and Sales on technical development needs and resources for our underwriting community.
• Provide leadership support, mentoring and guidance necessary to Underwriting Directors.
• Anticipate and plan, with the capacity to collaborate with other senior management team members, in a way that fosters innovation.

Qualifications

• 10+ years’ experience including products, Property, and Inland Marine underwriting experience.
• History strategic and tactical leadership through influence leadership to a team of talented professionals.
• Demonstrated organizational skills, working with integrity and great strategic foresight.
• Strong interpersonal relationship and communication skills, as well as a desire to collaborate, build rapport, add value, and effectively problem solve.
• Agile and decisive; can work in an ambiguous, dynamic environment while also leading to clarity and solutions; adapts quickly and effectively to change.
• Ability to travel up to 20% of time if necessary.

What You Need to Have

• Bachelor’s degree.
• Proven track record for finding innovative ways to bring teams together.
• Challenges norms while working collaboratively with colleagues at all levels of the organization.

Additional Company Details

The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include: Base Salary Range: $185,000- $275,000 Position is eligible for annual bonus up to 25% Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.