Director, Ocean Marine Underwriting

Universal Shield Insurance Group•Dublin, OH

About The Position

Universal Shield Insurance Group has created a new Special Risk Underwriting Team to build out its specialty Brokerage capabilities and further its success in the Specialty and Excess & Surplus Lines market. This role begins with building this product and book of business. Within this role, you are responsible for USIG’s Ocean Marine and Brokerage Inland Marine product offering across the United States, developing the product, underwriting guidelines, distribution relationships with brokers, and building, managing, and mentoring a team with the support of and collaboration with the Vice President of Special Risk. You will drive strategic engagement for business development, including business origination and maintenance of the Ocean Marine and Inland Marine product offering to brokers across the United States. In this role, you will play a key part in plan development and achievement, and for the profitability of the division. Your contributions will form a part of USIG’s overall plan and will be achieved through sound technical and profitable underwriting.

Requirements

Ability to effectively lead, coach, mentor, and develop an underwriting team.
Senior-level technical underwriting ability and strong business management acumen.
Extensive knowledge of Ocean Marine underwriting principles, practices, procedures, and market conditions.
Strong product development and product management capabilities.
Ability to manage a book of business with a focus on GWP growth, loss ratio, and overall profitability.
Strong marketing and relationship-building skills with the ability to develop and maintain productive broker relationships.
Excellent analytical and problem-solving skills with the ability to manage multiple projects and priorities.
Ability to effectively navigate ambiguous situations and complex business issues.
Creativity in resolving unique and challenging business problems.
Ability to achieve results by taking a proactive, long-term view of business goals and objectives.
Strong communication and collaboration skills with the ability to work effectively with internal and external business partners.
Knowledge of Microsoft Office Suite and other business-related software.
A minimum of 10 years of Ocean Marine underwriting experience, including experience in a management or leadership capacity.
Demonstrated experience developing and managing an underwriting product or book of business.
Proven experience building, managing, and developing an underwriting team.
Demonstrated ability to underwrite and market Ocean Marine business.
Experience managing GWP, loss ratio, profitability, and growth objectives.
College degree or equivalent work experience.
Ability to travel as needed.

Nice To Haves

Professional designations preferred.

Responsibilities

Develop, launch, and actively manage USIG's Ocean Marine and Brokerage Inland Marine product offerings.
Establish and manage Gross Written Premium (GWP) goals and execute strategies to achieve profitable growth.
Manage loss ratio and overall underwriting profitability to achieve established financial and performance objectives.
Develop, implement, and maintain underwriting guidelines, appetite, pricing strategy, and product standards.
Underwrite new and renewal Ocean Marine and Inland Marine business using sound technical and profitable underwriting practices.
Build, manage, mentor, and develop a high-performing underwriting team.
Develop and maintain strong relationships with brokers and other production partners across the United States.
Market USIG's Ocean Marine and Inland Marine products to existing and prospective broker partners.
Proactively identify and pursue new account opportunities while managing and retaining existing renewal business.
Monitor portfolio performance, market conditions, competitive trends, and emerging risks and adjust underwriting and product strategies as appropriate.
Participate in the Strategic Planning Process and contribute to the development and achievement of short- and long-term business goals.
Collaborate with the Vice President of Special Risk and other internal stakeholders to support the continued development and growth of the Special Risk division.