Director, Underwriting

Responsibilities

• Influence of the company’s underwriting strategies, business plans, and consistent execution of underwriting principles and standards.
• Development of the Underwriting staff to empower them to deliver results in a professional, efficient, and effective manner that aligns with business goals and objectives.
• Strategic planning for the department.
• Profitability; Pricing; Risk Selection; Risk Appetite; Renewal Retention; Compliance; Establishing and Monitoring Underwriting Guidelines; Monitoring SOX Compliance; Monitoring Authority of Underwriting Staff; Expense Management; and Underwriting Book, State & Industry Analysis.
• Conduct market analysis and trend evaluations which will summarize underwriting activities, market conditions, and other information pertinent to strategic planning.
• Work to assist in the action plans around strategic goals.
• Underwrite, maintain, and grow a profitable book of business including the development and execution of pricing targets.
• Create and maintain relationships with our distribution partners.
• Facilitate feedback from Staff to Sr. Leadership as a springboard for feedback.
• Create and maintain relationships with our distribution partners.
• Collaborate with internal team members to deliver an excellent customer experience for our distribution partners and insureds.
• Foster an environment of learning coupled with accountability, including working with direct reports and skip level staff on development plans and growth opportunities.
• Assess talent, identify employee development and training needs, and collaborate with HR partners, leadership, and individual employees to establish goals and create development plans.
• Execute talent management strategies to improve employee engagement, job satisfaction, and foster a psychologically safe work environment.
• Analyze and evaluate portfolio metrics and communicate results with executive teams and relevant internal departments suggesting changes based on this data as needed.
• Absorb feedback from Staff to Sr. Leadership as a springboard for feedback.
• Provide timely coaching and feedback to drive and manage individual and team performance.

Qualifications

• 7+ years of experience underwriting workers compensation risks up to $750,000.
• Supervision, mentoring, development of underwriting team preferred.
• Knowledge of workers compensation ratemaking principles to effectively utilize actuarial resources.
• Excellent analytic, communication, and negotiation skills.
• Effective user of Microsoft Office, Power BI, and other data analytical tools.
• Effective active listening, problem-solving mindset, and interpersonal skills for developing and strengthening team and client relationships.
• Strong business acumen to understand performance metrics, develop, and implement profitable growth strategy.
• Ability to influence, capable of working independently and interdependently.
• Ability to work in a team environment to support others for growth and development.
• Independent thinker with a forward-thinking mindset.
• Low to moderate level of domestic U.S. travel (up to 10% - 20% of time).