Director, Underwriting

Berkley•Irving, TX

4d•$150,000 - $188,000•Onsite

About The Position

As the Director of Underwriting, you will be responsible for the influence of the company’s underwriting strategies, business plans, and consistent execution of our underwriting principles and standards. We’ll look to you for development of the Underwriting staff to empower them to deliver results in a professional, efficient and effective manner that aligns with business goals and objectives, along with being part of the strategic planning for the department. Involved in the underwriting activities to facilitate compliance with filings, regulatory requirements, internal standards and internal audit requirement. Conduct market analysis and trend evaluations which will summarize underwriting activities, market conditions and other information that is pertinent to strategic planning. Work to assist in the action plans around strategic goals. Underwrite, maintain, and grow a profitable book of business including the development and execution of pricing targets. Develop as a “Go-to person” for other departments as well as a conduit for communication amongst other areas. Create and maintain relationships with our distribution partners. Facilitate feedback from Staff to Sr. Leadership as a springboard for feedback. Collaborate with internal team members to deliver an excellent customer experience for our distribution partners and insureds. Foster an environment of learning coupled with accountability, including working with direct reports and skip level staff on development plans and growth opportunities. Work alongside Regional Underwriting to assess market feedback and work to develop plans of action. Provide timely coaching and feedback to drive and manage individual and team performance. Assess talent, identify employee development and training needs, and collaborate with HR partners, leadership and individual employees to establish goals and create development plans. Execute talent management strategies to improve employee engagement, job satisfaction, and foster a psychologically safe work environment. Analyze and evaluate portfolio metrics and communicate results with executive teams and relevant internal departments suggesting changes based on this data as needed. Assist in the creation and execution of annual department budgets.

Requirements

7+ years of experience underwriting workers compensation risks up to $750,000
Knowledge of workers compensation ratemaking principles to effectively utilize actuarial resources
Excellent analytic, communication and negotiation skills
Effective user of Microsoft Office, Power BI and other data analytical tools
Effective active listening, problem solving mindset and interpersonal skills for developing and strengthening team and client relationships
Strong business acumen to understand performance metrics, develop and implement profitable growth strategy
Ability to influence, capable of working independently and interdependently
Ability to work in a team environment to support others for growth and development
Independent thinker with a forward-thinking mindset
Low to moderate level of domestic U.S. travel (up to 10% - 20% of time)

Nice To Haves

Supervision, mentoring, development of underwriting team preferred

Responsibilities

Influence the company’s underwriting strategies, business plans, and consistent execution of underwriting principles and standards.
Develop Underwriting staff to empower them to deliver results professionally, efficiently, and effectively, aligning with business goals and objectives.
Participate in strategic planning for the department.
Facilitate compliance with filings, regulatory requirements, internal standards, and internal audit requirements through underwriting activities.
Conduct market analysis and trend evaluations to summarize underwriting activities, market conditions, and information pertinent to strategic planning.
Assist in developing action plans around strategic goals.
Underwrite, maintain, and grow a profitable book of business, including developing and executing pricing targets.
Serve as a point of contact for other departments and a communication conduit.
Create and maintain relationships with distribution partners.
Facilitate feedback from staff to senior leadership.
Collaborate with internal team members to deliver an excellent customer experience for distribution partners and insureds.
Foster an environment of learning and accountability, including working with direct reports and skip-level staff on development plans and growth opportunities.
Assess market feedback with Regional Underwriting and develop plans of action.
Provide timely coaching and feedback to drive and manage individual and team performance.
Assess talent, identify employee development and training needs, and collaborate with HR, leadership, and employees to establish goals and create development plans.
Execute talent management strategies to improve employee engagement, job satisfaction, and foster a psychologically safe work environment.
Analyze and evaluate portfolio metrics, communicate results to executive teams and relevant internal departments, and suggest changes based on data.
Assist in the creation and execution of annual department budgets.