Director of Underwriting
4 weeks ago
The Director of Underwriting - Liquor Legal Liability will oversee the underwriting team responsible for handling new and renewal business in the liquor legal liability segment. This role requires strong technical underwriting skills, including the development of underwriting guidelines and rate recommendations. The successful candidate will also be responsible for ensuring that underwriters are effectively managing risk and pricing new business. Additionally, this role will involve working closely with the Head of Specialty Lines to develop strategy for the segment.
Key Responsibilities- Manage the Underwriting Department for the Liquor Legal business segment operations
- Provide technical supervision and surveillance for risk selection and underwriting review functions
- Carry out responsibilities related to personnel management, including hiring, firing, salary administration, counseling, performance reviews, and training
- Evaluate changes in rates, coverages, rules, regulations, statutes, or other external factors that may impact the business segment's experience
- Monitor loss experience and take appropriate underwriting action to improve this experience
- Work with the Head of Specialty Lines Division Executive to evolve workflow procedures to ensure adequate service to the Company's producers and facilitate internal processing
- Maintain effective liaison with the Head of Enterprise sales and RVPs; oversee the planning of agency visits by all underwriting personnel
- Prepare bulletins and letters to producers transmitting notices of changes in manual pages, rates, underwriting policies, and procedures
- Minimum 5 years of experience in Commercial Lines Underwriting preferred
- Minimum 3 years Commercial Lines Underwriting Leadership experience preferred
- CPCU, IIA Underwriting series preferred
- Strong knowledge and understanding of P&C Commercial lines of business
- Bachelor's degree or equivalent experience preferred
- Excellent analytical and decision-making skills
- Strong communication, negotiation, and relationship-building abilities
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