Chief Underwriting Officer

3 days ago


Greenville, South Carolina, United States Canal Insurance Full time
Job Summary

The Vice President, Chief Underwriting Officer position at Canal Insurance is a key leadership role responsible for driving the company's underwriting strategy and operations. This individual will lead the underwriting team in selecting and pricing risks, ensuring profitable management of underwriting portfolios, and analyzing results to identify problems and opportunities.

Key Responsibilities
  1. Develop and implement underwriting strategies and operating practices to drive business growth and profitability.
  2. Collaborate with senior leadership to manage operations, chart strategic course, and assist in drafting the annual business plan.
  3. Delegate underwriting authority and ensure disciplined, competence-based decision making through the referral process.
  4. Oversee underwriting operations units to ensure appropriate support is provided.
  5. Analyze underwriting results to identify problems and opportunities.
  6. Mentor direct reports on technical underwriting matters and leadership development.
  7. Maintain a performance environment that effectively recruits, develops, advances, retains, and rewards underwriting team members.
  8. Research competitors and market conditions to develop and maintain risk selection criteria.
  9. Collaborate with innovation, product management, agency management, and corporate communication teams to design, incubate, launch, and promote new Canal products and services.
Requirements

To be successful in this role, you will need:

  • A bachelor's degree, with a graduate degree preferred.
  • A minimum of ten years of underwriting experience in property and casualty insurance.
  • Experience in commercial transportation or trucking is preferred.
  • A minimum of seven years of management experience.
  • Advanced technical coverage knowledge and knowledge of risk selection, pricing, and policy issuance.
  • Advanced ability to analyze contracts and workflow.
  • Advanced understanding of business, claims, and accounting processes.
  • Advanced computer skills, including word processing, spreadsheets, databases, internet, and email.
Physical Requirements

This role requires:

  • Constant use of vision, hearing, and communication (oral and written in person and via telephone).
  • Frequent concentration, standing, walking, handling, reaching, and grasping.
  • Occasional bending, kneeling, and lifting (up to 25 lbs.).
  • Heavy use of computer and office equipment.
Travel and Hours of Service

This role requires travel and may involve working outside of standard business hours or on weekends.



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