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Product Diversification Director

4 weeks ago

Chicago, Illinois, United States ISMIE Mutual Insurance Company Full time
Job Summary

The Director of Diversified Products will play a key role in supporting the Senior Vice President, Diversified Products, in administering existing professional liability and assumed reinsurance programs. This position will be responsible for coordinating and communicating with contacts at ASCS/AmWINS and all internal divisions of ISMIE, including Administration, Legal, Compliance, Finance, and Internal Audit.

Key Responsibilities:

  • Assist the Senior Vice President, Diversified Products, in administering all active professional liability and assumed reinsurance programs.
  • Participate in the vetting of potential new programs, joint alliances, or book rolls at the direction of the Senior Vice President, Diversified Products.
  • Manage the process to obtain executive management and Board of Director approval for all new program and assumed reinsurance business and the renewal of assumed reinsurance business that requires referral to the executive team.
  • Serve as the primary liaison within Diversified Products for Internal Audit staff charged with auditing ISMIE's MGA/MGU partners.

Requirements:

  • Close visual acuity to read large amounts of written information in a standard font for an extended period of time.
  • Ability to view and read from computer screens, telephone screens, and printed materials.
  • Ability to receive detailed information through oral communication.
  • Ability to communicate verbally, convey, and express complex and detailed ideas, information, and instructions to others clearly, accurately, and effectively in person and via telephone.
  • Ability to operate a keyboard, computer, and computing device.
  • Ability to analyze data and information.
  • Ability to lead and participate in presentations and meetings.
  • Ability to move about to accomplish tasks, attend meetings, and scheduled events both inside the office and outside the office.
  • Ability to travel up to 25% of the time.

Desirable Qualifications and Experience:

  • Bachelor's degree or equivalent and minimum of three years of professional liability underwriting experience to include programs produced through MGAs/MGUs and assumed reinsurance.
  • Excellent analytical, communication, and negotiation skills.
  • Ability to multitask and handle the stress of a fast-paced work environment.