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Underwriting Director
2 months ago
We are seeking an experienced Underwriting Director to join our team at Steadily, a rapidly growing insurance technology company. As a key member of our leadership team, you will be responsible for driving outstanding loss ratios and scaling our underwriting team.
Key Responsibilities- Underwriting Excellence: Produce excellent loss ratios through underwriting discipline, leading a high-performing underwriting team, and implementing novel and traditional underwriting practices.
- Process Development: Continuously build out workflows, processes, vendors, and tools for new business, underwriting, renewal underwriting, and accumulation management for a rapidly scaling organization.
- Leadership: Take a hands-on approach to leadership, handling front-line underwriting work for a significant period until the team grows to a certain size. For at least the first six months, 50% of your job will be traditional Senior Underwriter work.
- File Management: Manage highly organized underwriting files that exceed the expectations of internal and external auditor scrutiny, including necessary documentation and regular diary entries.
- Collaboration: Work closely with claims, product, actuarial, and customer service teams to ensure profitability and an excellent experience for customers.
- Quality Assurance: Implement a robust QA process to ensure compliance with underwriting guidelines, state-mandated timelines, and contractual requirements.
- Team Leadership: Hire and lead our growing underwriting staff who will drive underwriting excellence for years to come.
- Reporting: This position reports directly to the Chief Insurance Officer.
- Experience: At least 7 years of experience in property insurance underwriting and 3+ years of underwriting management experience. Knowledgeable on peak perils such as hail, hurricane, wildfire, winter storm, earthquake, flood, etc.
- Skills: Prior experience with Salesforce and/or CPCU is a plus. Self-driven, resourceful, and able to manage a large workload and projects with minimal oversight.
- Insurance Knowledge: Extensive knowledge of standard underwriting practices, regulatory environment, policy language, vendor management, risk selection, loss drivers, and more.
- Leadership: Proven ability to scale and lead a high-performing team. Team members respect you for your competence and willingness to roll up your sleeves.
- Project Management: Above-average project management skills, with the ability to move the ball forward on multiple projects simultaneously.
- Desire for Growth: Hungry for growth and willing to roll up your sleeves and hustle in a rapidly scaling organization.
- Top of Market Salary: Salary from $215,000+
- Equity in the Company
- Traditional Medical, Dental, and Vision Insurance
- Generous Paid Time Off Policy
- Work from Home Perks
- 401K
- Free Snacks and Regular Team Lunches