AVP, Cyber Underwriter

Ryan Specialty•New York, NY

About The Position

The Executive Property and Casualty Underwriter is responsible for driving profitable growth through effective risk management and underwriting strategies, leading the development of innovative property and casualty products. The role contributes to the development of practice objectives, business targets, identifies opportunities in targeted markets and establishes consistent underwriting best practices. They build strong stakeholder relationships, implement cutting-edge technologies for efficiency, manage budgets and ensure compliance with underwriting standards and guidelines.

Requirements

Bachelor’s degree or Master’s Degree in Risk Management, Actuarial or Business Administration.
12+ years of experience in Property and Casualty Underwriting with a Bachelor’s degree or 8+ years with a Master’s degree.
State P&C and/or surplus line license required.

Nice To Haves

Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (AU) a plus.

Responsibilities

Delivers profitable growth through effective risk selection, premiums, coverage and drives remediation strategies or correction within the scope of their own Underwriting Authority.
Partners with senior management to set clear objectives and strategies, manages annual budget process and assists in strategic matters relevant to the overall direction of the portfolio.
Leads the development of new property and casualty products tailored to evolving customer needs, leverages market insights and technological advancements for a competitive edge.
Establishes strong relationships with brokers and clients and other relevant stakeholders with the principal focus on growing the P&L within assigned authority.
Develops insured specific risk transfer programs, gathers pertinent underwriting information conducts due diligence for risk selection and prepares and analyzes pricing models.
Identifies prospective accounts in targeted markets, creates opportunities, coordinates RFPs, and follows through to a successful agreement.
Recognizes and creates cross sell opportunities for products, works to understand options that best meet insured needs and negotiates terms and conditions with the agent or broker.
Establishes consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
Liaises with other departments in ensuring underwriting process and guidelines are within company’s standards and in compliance to risk compliance and audit requirements.
Evaluates and implements technologies such as artificial intelligence and automation to streamline underwriting processes, deliver efficiency, and stay on top of industry advancements.
Trains and develops less experienced staff on underwriting approach and compliance, policy documentation and administration, and other best practices.