Vice President, Underwriting

Responsibilities Through collaboration with the EVP of the Excess Middle Market (MM), establish the underwriting direction, underwriting appetite, and underwriting authority for the Excess MM businesses to support profitability targets. Ensures compliance to underwriting direction, underwriting appetite, and underwriting authority through individual account discussions and underwriting audits. Collaborates with Excess MM leadership on the development of business plans, products, and IT support. Collaborates with Excess MM leadership to identify training needs and development of a plan to address needs. Coaches, mentors and directs training and development of the underwriting team to ensure underwriting quality and proficiency. Supports the development of staff through coaching, leading organizational change, cultivating relationships, putting staff in a position to succeed, and creating a climate where staff are motivated to do their best. Partner with support functions such as Product, Actuarial, Claims, Regulatory, Loss Control, and IT to ensure products are compliant, competitive, and profitable. Collaborate on the development of pricing models appropriate for various types of commercial lines. Coach, mentor, and direct training and development of individual underwriting teams to ensure underwriting and service quality and proficiency. Ensure regulatory and legal compliance. Identify and capitalize on expense reduction opportunities, through process and technology enhancements. Travel as needed. Perform other duties as assigned. Requirements Bachelor’s degree with 10 years of relevant underwriting experience, or 14 years of relevant underwriting experience. Strong Underwriting management experience. Expansive knowledge of the breadth of coverages and lines of business housed within the company. Knowledge of company underwriting guidelines as well as industry standards and practices. High level of risk assessment skills. Broad knowledge of financial reporting styles and formats. Extensive knowledge of policy development, problem-solving, planning, and market savvy. Extensive knowledge of the insurance industry, regulations and compliance requirements, coverages, and policy language. Advanced knowledge of underwriting decisions. Ability to lead and manage a team to produce consistent decisions based on effective risk assessment skills. Knowledge of and ability to apply loss development and advanced loss analysis concepts to achieve optimal pricing of risk. Ability to creatively utilize coverage features, deductibles, or reinsurance on individual risks to achieve company objectives. Strong math aptitude, excellent verbal and written communication, interpersonal, and negotiating skills. Must be able to apply sound judgment when making underwriting and leadership decisions. Fosters collaborative environment. To qualify, all applicants must be authorized to work in the United States and must not require, now or in the future, VISA sponsorship for employment purposes. #J-18808-Ljbffr