Director, Product & Underwriting, Employment Practices Liability

The Hartford • Hartford, CT

3d • Hybrid

About The Position

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. The Director, Product & Underwriting, will be responsible for product management & development and portfolio underwriting of assigned product(s) and acting as “subject matter expert.” Assigned products include employment practices liability insurance and provide support to the Director responsible for the private and non-profit management liability segment. Specific responsibilities include:

Requirements

• 7+ years’ experience in Financial Lines underwriting or product roles; focus and expertise in product & underwriting of employment practices liability; experience with crime and private/non-profit packaged management liability products preferred
• Superior understanding of Product Management & Product Development, inclusive of policy form development and interaction with actuaries and reinsurers
• Strong understanding of all aspects of underwriting execution across multiple distribution channels, including digital
• Ability to use data and analytics to understand and drive underwriting strategy
• Understanding of financial concepts
• Strong project management, negotiation, influencing, legal and analytical skills
• Ability to absorb multi-disciplinary input and translate into effective actions
• Superior communication skills, both oral and written
• Ability to collaborate to drive effective partnerships and deliver outcomes
• Leadership and mentoring skills
• Excellent verbal and written communication skills
• Demonstrate a talent to motivate and inspire team employees and cross functional teams

Responsibilities

• Review, draft and maintain the suite of policy forms and corresponding endorsement libraries within the area of expertise and assigned product responsibilities.
• Develop and maintain underwriting guidelines and underwriting authority. Provide internal and external training and collaborate with peers and UW community.
• Continuously research the competitive landscape, economic, industry, product, actuarial trends, risk assessment and financial metrics to keep products current and appropriate for industry needs (competitiveness, profitability and compliance) and provide recommendations for new product/coverage opportunities and strategies to drive profitable business and increased market penetration.
• Work closely with the Financial Liability Underwriting Officer, other members of the Financial Lines Product & Underwriting team, and organization stakeholders to advance pricing and portfolio segmentation for portfolio analysis and shaping.
• Work closely with senior leaders, including the Financial Lines Underwriting Officer, other members of the Financial Lines Product & Underwriting team, and stakeholders throughout the organization to develop and implement underwriting strategies across multiple distribution channels to achieve performance goals, and develop recommendations for improvement, as needed.
• Support underwriting on key business initiatives and maintain relationships throughout the organization to support multi-disciplinary problem solving and execution and input across all levels of the business.
• Provide thought leadership in area of expertise, including drafting white papers and first alerts, and participating on industry panels.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed