Provide strategic leadership and oversight for the Property, GL, Auto, Umbrella & WC lines 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 lines of business.
Product Leadership
- Develop and execute business strategy for these lines, including appetite guides, and work closely with VP, Field Underwriting to drive production and product changes, aligning with our persona framework.
- Collaborate with the President and/or CUO to develop and maintain proprietary coverage forms, ensuring alignment with legal, claims and regulatory staff to meet program needs.
- Update and manage underwriting guidelines and authorities for these lines of business.
- Partner with Actuarial to manage and monitor overall pricing practices and rate targets.
- Work with Risk Control and Claims to ensure proper handling of our clients’ needs and offerings to support our policyholders.
- Enhance efficiencies with SITS and Underwriting Services by collaborating to improve automation and deliverables to underwriting.
- Recommend underwriting authority to the President and/or CUO.
- Conduct audits and monitor compliance in conjunction with our SOX requirements.
- Work with ERM & Corporate Reinsurance on treaty reinsurance coverage placement and adequacy, including data calls and any additional data needs.
- Collaborate with EPSS on filing management and BTU Project Manager to make changes to forms offerings.
- Stay updated on competitor products and create internal product comparisons for the underwriting team.
- Works closely with Underwriting to ensure terms and pricing meet our client demands through varying cycles.
- Maintain vendor relationships and reporting capabilities for each line of business.
Underwriting and Claim Management
- Sets clear appetite guidelines based on Primary and Excess offerings.
- Provide leadership on renewal issues, business opportunities, pricing, retention analysis, loss control needs, and account stewardship.
- Continuously work with legal, actuarial, and claims to stay informed about current issues and trends impacting our business.
- Effectively deploy tools and resources to support operational goals and enhance productivity.
- Meets monthly with key stakeholders in Claims and Underwriting to review data trends and pivot strategies as needed.
Training and Education
- Develop training materials to be used internally and externally.
- Keep current of competitor products and create internal product comparisons for the underwriting team.
- Provide continuous education to our underwriting team.
- Develop the go-to-market strategy for these lines of business
- Participate in industry associations (e.g., TechAssure, NetDiligence) in the brokerage community and form an advisory board of specialists.
May perform other functions as assigned