Chief Underwriting Officer

Responsibilities

• Provides strategic direction and leadership of the Underwriting practice area, and profitability of the book of business.
• Participates and contributes to the overall planning for the underwriting function to include strategic direction and leadership for Underwriting.
• Plays a role in developing and executing business strategies, building strong industry relationships, sharing extensive knowledge, and communicating and capitalizing on best practices.
• Guides and shapes underwriting quality assurance, price, rate and exposure monitoring, price adequacy and risk selection.
• Assesses the impact of treaty and facultative solutions on the portfolio.
• Identifies opportunities for development of new and/or enhancements to product(s).
• Develops and manages relationships with key customers and vendors, including account contacts, brokers, program management staff, and other Berkley companies in line with company policies and guidelines.
• Identifies employees for promotional opportunities and creates development plans to prepare them for their next step within the organization.
• Ensures high level of teamwork, mutual respect, and customer service mindset exists within the underwriting team.
• Ensures department is well informed of business matters consistent with BOG culture.
• Resolves performance issues consistent with company policy.
• Ensures compliance with company policies by all staff members.
• Works closely with the Distribution team to align retail and wholesale distribution strategies with business needs.
• Leads the oversight of the concentration of risk within the assigned territory.
• Supports and participates in compliance and quality assurance reviews, file audits, and company policies audits.
• Provides recommendations for improvements to the underwriting risk evaluation approach.
• Leads team to meet or exceed service standards to our agent and broker partners.
• Trains and educates team members on underwriting terms, conditions, and principles.
• Manages authority levels for underwriting staff, ensures authority compliance, and approves individual accounts that exceed underwriter authority.

Qualifications

• 10+ years’ equivalent experience in energy underwriting preferred.
• Proven ability to learn workflow tasks and corresponding systems quickly.
• Intermediate/Advanced knowledge of the underwriting process and of casualty lines of business and common forms/endorsements preferred.
• Must possess extremely effective interpersonal, and desk organizational skills with solid ability to build and manage relationships with agents, brokers, customers and other employees.
• Excellent communication skills (written and oral) required.
• Detail oriented with good follow-through skills.
• Must be dependable and professional, self-starter.
• Proven energetic team player, contributing to a high-performance learning organization with a strong culture.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role