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VP, Underwriting, Workers' Compensation

$185k - $254k

BP&C Shared Services, Inc.

Job Description Summary To provide strategic guidance and direction to the underwriting business units in regard to business development, underwriting excellence, and operational/shared services to promote profitable underwriting results. Responsible for driving profitable growth for assigned product or territory. Collaborates with executive management to develop strategic and tactical initiatives to reach the organization’s goals. Responsibilities Identify and support profitable new business and product opportunities. Identify strategic agencies and facilitate effective partnerships with underwriting and marketing. Lead process improvement and underwriting strategies for assigned area. Identify program opportunities and coordinate underwriting resources to accomplish. Drive product and platform expansion. Establish and communicate production and profit-related goals, including new business development, distribution platform management, target loss ratios, policy count, hit ratios, renewal retention as it relates to new product/program launch. Provide leadership, mentoring and advice to regional staff regarding underwriting risks. Proactively develop strategies and actions to resolve adverse trends or deviations from established underwriting standards identified through producer and account review audits. Develop and maintain effective relationships with distribution community at a senior level. Collaborate with executive management when needed to analyze profit and loss statements to make appropriate business decisions. Cultivate and maintain relationships within and outside Argo Group to develop and drive new business opportunities. Act as a role model demonstrating belief in, and commitment to, the aspiration values of the Argo Group building and leading a value-based organization committed to long-term success. Typically manage a mid-size team of professional level underwriters and people managers. Participate in the recruitment and selection process to ensure the organization has the necessary talent to accomplish business goals. Promote an environment that encourages self-motivation, teamwork and collaboration. Ensure professional development of underwriting team including continued growth in underwriting knowledge and skills as well as professional behavior. As necessary, work with reinsurers and reinsurance intermediaries. Qualifications Bachelor’s degree and minimum of 15 years underwriting experience with experience underwriting and marketing or equivalent combination of education and experience. Management experience required with a proven ability to successfully lead a team; 10 years management experience highly preferred. Demonstrates knowledge of the external market, producer community, competitive environment and contributes to the development of business strategy. Superior oral and written communication skills with the ability to influence decisions. Ability to influence, motivate, and promote a team atmosphere to achieve desired results. Recognized as a leader within the organization that provides advice and guidance to others. Ability to read, understand and interpret company financial and actuarial reports to achieve business goals. Strong ability to partner with claims, finance, actuarial, IT and marketing resources. Independent decision maker – takes full responsibility for making decisions and consequences associated with decisions. Demonstrate significant contribution to underwriting profit. Continually seeks opportunities for niche products and potential agent opportunities. Experience in delivering presentations to internal and external audiences. Requires demonstrated experience in developing and implementing an annual department business plan. Proven employee development, mentoring, coaching and performance management skills. Ability to travel as needed, and with short notice. Proficient in the use of computer programs, including Word, Excel, and Outlook. Strong computer skills required. Must be able to work closely with various support systems and understand and apply basic programming tactics. Benefits All employees are eligible for an annual bonus and a comprehensive benefits package, including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities. Salary Range: Chicago $185,000 - $254,000. Compensation varies by location and experience. Equal Employment Opportunity We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship, denial of family and medical care leave, disability (mental and physical), including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed, sex, sexual orientation, military or veteran status, or any other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics. #J-18808-Ljbffr

Vacancy posted 4 days ago
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