Underwriting Product Director - Property

About the role

This position is eligible to work from home anywhere in the US.

Responsibilities

• Serves as the highest technical expert, consultant, and mentor in Corporate Underwriting on responses to questions for assigned LOB.
• Leads, and directs the workload and performance of the assigned Underwriting team.
• Serves as assigned line of business subject matter expert to provide strategic direction enterprise wide.
• Leads the administration and development of products and programs for assigned line of business.
• Develops line of business strategies and plans, and ensures successful implementation enterprise wide.
• Leads the process of the developing of short- and long-term strategic product and underwriting strategies within LOB in support of enterprise-wise business and profitability goals.
• Maintains primary oversight of the profit and loss for assigned LOB.
• Develops and maintains the business plan for assigned LOB.
• Analyzes premium and loss data and other key reports on monthly and quarterly basis to ensure long-term profitable growth.
• Communicates best practices and underwriting guidance to the whole enterprise.
• Develops new product ideas, reviews existing products, and drafts new coverage language.
• Oversees new product ideas developed within team and subsequent implementation across the organization.
• Provides analysis for state and countrywide rate reviews as well as to aid branch partners in efforts at profitability improvement and profitable production by providing recommendations and support to drive profitable growth.
• Reviews insurance publications and keeps current on issues impacting LOB by attending seminars and participating in continuing education.
• Acts as a strategic partner and technical subject matter expert to branch offices on LOB underwriting related matters.
• Provides guidance and direction in the development of underwriting and training tools at the branch and enterprise level.
• Provides advice and guidance for branch authorizations in determining the acceptability of business by discussing underwriting philosophy, policy forms, rating approaches, underwriting and risk management techniques, including the largest and most complex risk submissions which may require a specialized approach.
• Determines the need for and places facultative reinsurance.
• Builds culture and develops team members while overseeing team.
• Collaborates with team members to establish performance goals and monitors status, conducts performance reviews, and provides coaching.
• Solves disciplinary issues, reviews results, action plans, and progress.
• Develops team expertise and completes succession planning, including identifying talent and implementing development plans for critical positions.
• Fosters an innovative culture, including supporting new ideas and providing guidance on potential changes.
• Develops and maintains department budget.

Requirements

• Bachelor’s degree, preferably in an insurance or business-related field, or equivalent relevant experience.
• Ten years of experience with commercial property and casualty underwriting, including at least five years of commercial staff underwriting experience within applicable line of business.
• Insurance certifications, such as CPCU, AU or CIC.
• Previous people leadership experience.

Qualifications

• Superior knowledge of countrywide underwriting techniques, terminology, policies, products, and forms.
• Exceptional underwriting judgment and decision-making skills.
• Strong knowledge of key performance indicators (KPIs) and ways to improve them.
• Proficiency with computer software and Microsoft Office Suite.
• Superior written and oral communication skills.
• Superior organizational and multi-tasking skills.
• Excellent problem-solving and analytical abilities.
• Excellent presentation, communication, and leadership skills.
• Strong ability to advise, partner, influence and effectively consult with diverse internal and external stakeholders, including senior leaders, executives, and project owners.
• Strong ability to distill and communicate highly complex issues for technical and non-technical audiences.
• Strong ability to translate technical ideas into more general terms for business customers.

Skills

• Superior knowledge of countrywide underwriting techniques, terminology, policies, products, and forms.
• Exceptional underwriting judgment and decision-making skills.
• Strong knowledge of key performance indicators (KPIs) and ways to improve them.
• Proficiency with computer software and Microsoft Office Suite.
• Superior written and oral communication skills.
• Superior organizational and multi-tasking skills.
• Excellent problem-solving and analytical abilities.
• Excellent presentation, communication, and leadership skills.
• Strong ability to advise, partner, influence and effectively consult with diverse internal and external stakeholders, including senior leaders, executives, and project owners.
• Strong ability to distill and communicate highly complex issues for technical and non-technical audiences.
• Strong ability to translate technical ideas into more general terms for business customers.

Benefits

Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws. All of our locations are tobacco free including in company vehicles.

Pay

The hiring salary range for this position will vary based on geographic location, falling within either of the following: $130,955 - $188,175 or $144,758 - $206,984 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

Occasional travel required; a valid driver’s license with an acceptable motor vehicle report per company standards required if driving.