Serve as the strategic, operational, and motivational leader of Underwriting in support of delivering profitable growth and providing excellent community, employee, and customer relations.
Product Management Leadership
- Management and oversight of the Technology E&O and Cyber line of business. This includes managing and ensuring financial initiatives are met on an annual basis. Those initiatives include profit, premium retention, growth and rate for the Technology E&O and Cyber line of business.
- Work with CUO on developing and maintaining proprietary coverage forms and endorsements and work closely with legal, claims and regulatory staff to ensure program needs are met.
- Create and update applications to ensure proper selection and pricing.
- Work with Actuarial to manage and monitor overall pricing practices and rate targets.
- Development and execution of marketing materials.
- Establish and manage underwriting guidelines and procedures.
- Recommend underwriting authority to CUO and monitor compliance.
- Continually work with legal, actuarial, and claims to maintain familiarity with current issues and trends that impact our business.
- Work with CUO, President and Corporate Reinsurance on treaty reinsurance coverage placement and adequacy.
- Keep abreast of competitor products and create internal product comparisons for our underwriting team.
Underwriting Management
- Provide leadership and direction on business opportunities, pricing, retention analysis, loss control needs, and account stewardship.
- Identify product experts within each territory to mentor on an ongoing basis.
- Conduct audits for quality control and conduct training where needed.
- Establish key metrics, which are to be monitored, managed and reported monthly.
- Coordinate sales and marketing efforts with field underwriting leadership.
- Conduct SOX testing and documentation.
- Manage vendor relationships with Moxfive, Netdiligence and Bitsight.
Training and Education
- Create training materials to present both internally and externally.
- Provide internal and external training and education to our underwriting team members and producers on our products and capabilities.
- Provide ongoing education to our underwriting team relating to professional and cyber industry exposures.
Additional Marketing-Related Functions
- Visit and develop rapport with producer partners, as appropriate.
- Provide product presentations in person or via web call as appropriate.
May perform other functions as assigned