Assistant Vice President - Casualty Underwriting

EMC Insurance Companies
18dRemote

About The Position

At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together. This position is fully remote and can be based anywhere in the U.S. Essential Functions: Leads the strategic direction, ownership and execution of the overall underwriting operational strategy for the casualty and casualty large accounts portfolios at enterprise level. Oversees the development of the underwriting philosophy, policy, forms, products and programs and directs communication in corporate office and to branch office staff. Analyzes the performance of EMC’s existing book of business on a monthly and quarterly basis, and proactively provides strategic recommendations for improvement, expansion, or discontinuance to executive management. Ensures the achievement of continued profitability, growth, and operational efficiency for casualty lines of business and casualty large accounts business segment through development of risk appetite, assessment of risk exposures and controls, and emerging risk issues. Collaborates with other corporate underwriting departments on the strategy and appetite for the department and company as a whole. Directs the development and implementation of strategic and operational company objectives to help achieve company's growth and profitability goals. Leads and manages enterprise-wide operational consistency, integrity and oversight of casualty lines of business and casualty large accounts. Actively participates in all aspects of effective quality control assessments, including conducting new and renewal account audits, monitoring casualty large accounts analysis, and action plans. Builds culture and develops team members while overseeing corporate casualty and large accounts underwriting teams. Collaborates with team members to establish performance goals and monitors status, conducts performance reviews, and provides coaching. Develops team expertise and completes succession planning, including identifying talent and implementing development plans for critical positions. Manages budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility. Acts as a strategic partner to branch offices on casualty and casualty large accounts related matters. Provides overall direction for underwriting authority delegation and recommends changes to casualty and casualty large accounts authority levels when warranted. Provides guidance and direction to the team in the development of underwriting and training tools at branch and enterprise level. Reviews escalated issues when requested by the team. Works closely with branch partners to lead efforts to grow profitable business. Acts as an expert from underwriting and business perspective to assist branches and agents in successfully marketing and underwriting new and existing accounts.

Requirements

  • Bachelor’s degree, preferably in an insurance or business-related field, or equivalent relevant experience
  • Ten years of commercial casualty underwriting experience in progressively responsible roles
  • Insurance certifications such as CPCU, ARM, AU, or CIC
  • Superior knowledge of companywide and countrywide underwriting techniques, terminology, policies, products, and forms
  • Advanced knowledge of commercial casualty underwriting business process
  • Advanced knowledge of underwriting product development process
  • Proficiency with computer software and Microsoft Office Suite
  • Superior written and oral communication skills
  • Superior organizational and multi-tasking skills
  • Excellent problem-solving and analytical abilities
  • Strong ability to advise, partner, influence and effectively consult with diverse internal and external stakeholders, including senior leaders, executives, and project owners
  • Excellent ability to distill and communicate highly complex issues for technical and non-technical audiences
  • Ability to work effectively with others, as well as independently
  • Occasional travel; valid driver’s license with an acceptable motor vehicle report per company standards will be required if driving

Responsibilities

  • Leads the strategic direction, ownership and execution of the overall underwriting operational strategy for the casualty and casualty large accounts portfolios at enterprise level.
  • Oversees the development of the underwriting philosophy, policy, forms, products and programs and directs communication in corporate office and to branch office staff.
  • Analyzes the performance of EMC’s existing book of business on a monthly and quarterly basis, and proactively provides strategic recommendations for improvement, expansion, or discontinuance to executive management.
  • Ensures the achievement of continued profitability, growth, and operational efficiency for casualty lines of business and casualty large accounts business segment through development of risk appetite, assessment of risk exposures and controls, and emerging risk issues.
  • Collaborates with other corporate underwriting departments on the strategy and appetite for the department and company as a whole.
  • Directs the development and implementation of strategic and operational company objectives to help achieve company's growth and profitability goals.
  • Leads and manages enterprise-wide operational consistency, integrity and oversight of casualty lines of business and casualty large accounts.
  • Actively participates in all aspects of effective quality control assessments, including conducting new and renewal account audits, monitoring casualty large accounts analysis, and action plans.
  • Builds culture and develops team members while overseeing corporate casualty and large accounts underwriting teams.
  • Collaborates with team members to establish performance goals and monitors status, conducts performance reviews, and provides coaching.
  • Develops team expertise and completes succession planning, including identifying talent and implementing development plans for critical positions.
  • Manages budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility.
  • Acts as a strategic partner to branch offices on casualty and casualty large accounts related matters.
  • Provides overall direction for underwriting authority delegation and recommends changes to casualty and casualty large accounts authority levels when warranted.
  • Provides guidance and direction to the team in the development of underwriting and training tools at branch and enterprise level.
  • Reviews escalated issues when requested by the team.
  • Works closely with branch partners to lead efforts to grow profitable business.
  • Acts as an expert from underwriting and business perspective to assist branches and agents in successfully marketing and underwriting new and existing accounts.

Benefits

  • Outstanding benefits with life, medical, dental, vision and prescription drug coverage
  • Competitive paid time off plan and a full day of volunteer time off annually
  • Financial incentives, including a 401(k) plan match, pension plan, OneEMC bonus plan and recognition and anniversary awards
  • Professional development and growth opportunities, including tuition reimbursement
  • Wellness initiatives to improve team member well-being and reduce health insurance costs
  • Flexibility to dress for your day and opportunities for alternative work arrangements
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