Director, Corporate Underwriting Audit & ERM - Morristown, NJ/Hybrid

About the role

Crum & Forster Company is a market-leading insurer offering property & casualty, accident & health, specialty, and standard commercial lines insurance. Founded in 1822, the company is known for its underwriting expertise, integrity, and discipline. It has an annual gross written premium of $6.2 billion and a financial strength rating of "A+" by AM Best. C&F has 3000 employees and operates in the United States and India.

Responsibilities

• Oversee the corporate underwriting audit framework across the organization, establishing standards, methodologies, reporting expectations, and governance processes to ensure consistent execution across business divisions.
• Help establish consistent approaches to underwriting risk assessment, audit methodology, and exception governance across the organization.
• Identify, quantify, and manage risks to the organization; engage with a variety of specialist teams and senior leadership to develop and implement risk management strategies.
• Support and enhance C&F’s enterprise risk management frameworks, tools, and reporting capabilities across specialty and commercial insurance operations.
• Oversee the development, validation, and ongoing enhancement of exception reporting, including identifying opportunities for automation and improved reporting efficiency.
• Assist in setting corporate tolerances around aggregations of exposures; monitor reporting of these metrics to ensure corporate tolerances are not breached.
• Develop knowledge of C&F’s various business units and products.
• Keep up to date with developing trends and emerging risks; evaluate the potential impact of these risks to the organization.

Requirements

• Bachelor’s degree in Risk Management/Insurance, Mathematics, Finance or related field or equivalent experiences.
• 10+ years of commercial insurance experience required.
• Direct underwriting and/or home office underwriting experience required.
• Strong understanding of commercial underwriting principles, underwriting authority frameworks, and portfolio risk management concepts.
• Strong communication and interpersonal skills, with the ability to work effectively across functions and influence stakeholders at multiple levels of the organization.

Qualifications

• Professional designations such as CPCU, ARM, AU, or similar are a plus.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to work collaboratively with cross-functional teams.
• Knowledge of commercial insurance underwriting principles and practices.

Benefits

• Generous 401K employer match.
• Employee Stock Purchase Plan with employer matching.
• Competitive compensation package.
• Excellent benefits that go beyond health, dental & vision.
• Programs focused on family wellness, including physical, mental, and financial wellbeing.
• Tuition reimbursement, industry-related certifications, and professional training.
• A dynamic, ambitious, fun, and exciting work environment.
• Belonging at C&F, a culture of inclusion and connection.

Pay

The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $122,500.00 to a maximum of $179,600.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role.

Schedule

Not specified.