Industry Segment Consultant - Retail & Services

About the role

This position is fully remote and can be based anywhere in the U.S.

Essential Functions

• Collaborates with people leader to execute company underwriting framework within assigned industry segment
• Collaborates with people leader in implementing the short and long-term strategic product and underwriting strategies within assigned industry segment in support of enterprise-wide business and profitability goals
• Creates and communicates best practices and underwriting guidance to the company
• Serves as a technical expert in Corporate Underwriting on responses to questions on assigned business segment
• Aids in the development and maintenance of the business plan for assigned industry segment
• Analyzes premium and loss data and other key reports on monthly and quarterly basis to ensure long-term profitable growth
• Proactively communicates and makes necessary recommendations to people leader for improvement needed to meet company goals and improve underwriting results
• Recommends and develops new product ideas, reviews existing products, and assists with drafting new coverage language
• Evaluates the cost and benefit of market opportunities and product initiatives and recommends actions based on evaluation, including identifying product improvements
• Participates in ongoing collaboration with risk improvement, claims, actuary and other appropriate teams in support of enterprise-wise business and profitability goals
• Acts as a strategic partner for regions and offers guidance on complex underwriting matters within assigned industry segment
• Evaluates underwriting risks and provides analysis and guidance to all regional underwriting teams in determining the acceptability of business
• Reviews and studies proposed changes in rules, rates, and forms for assigned industry segment
• Affirms coverage, limits, and pricing on accounts and provides regions with authorizations on accounts above branch authority
• Participates in all aspects of quality control and audit assessments on new and renewal business
• Participates in the identification, preparation and presentation of underwriting training opportunities and programs at the region and enterprise level
• Pairs with and provides underwriting expertise to departments within the company, including organizing and assisting in preparation and teaching of underwriting workshops and seminars for underwriting staff
• Provides direction, training, and guidance for less experienced team members as appropriate for areas of expertise
• Acts as a speaker or instructor for internal training exercises or meetings, and provides input or prepares articles, white papers, and underwriting bulletins on complex issues
• Reviews insurance publications and keeps current on issues by attending seminars and participating in formalized continuing education
• Participates in the creation and execution of marketing material and strategies
• Serves on special projects with other strategic partners within the organization as a representative of assigned industry segment
• Serves as an evaluator and contributor to the effectiveness of departmental programs and projects

Education & Experience

• Industry Segment Consultant: Bachelor’s degree, preferably in a business or insurance related field, or equivalent relevant experience
• Eight years of experience with commercial property and casualty underwriting experience
• Staff underwriting experience within assigned line of business or business segment preferred
• Insurance designations, such as AU, CIC, or CPCU preferred

Knowledge, Skills & Abilities

• Excellent knowledge of countrywide underwriting techniques, terminology, policies, and forms
• Strong underwriting judgment and decision-making skills
• Excellent written and verbal communication skills, including the ability to speak effectively before groups
• Ability to work effectively with others, as well as independently and possess demonstrated problem-solving abilities
• Good computer knowledge, Internet and keyboarding skills

Benefits

The hiring salary range for this position will vary based on geographic location, falling within either of the following: $100,085 - $138,285 or $110,624 - $152,122

Pay

A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.

Schedule

Full-time, remote position.