Managing Director, Multinational

The Hartford•Boston, MA

1d•$144,000 - $216,000

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 Hartford is seeking a highly skilled Multinational Managing Director, who is responsible for the following:

Responsibilities

Maintain and ensure the quality and integrity of Underwriting decisions for Multinational including: risk selection, risk evaluation, pricing policy, program structure and terms & conditions
Strategy Framework/Roadmap, internal networks and alignment with key specialized brokers
Establish, review, maintain and refresh underwriting policy including referral and authority standards, delegation and procedures
Establish, maintain and refresh underwriting appetite in partnership with Product and Actuarial
Manage CAT exposures and reinsurance treaty participation at direction of CUO and aligned with Corporate philosophy
Establish and maintain efficient underwriting process in partnership with operations, IT and underwriting
Maintain and ensure thoughtful process to understand, underwrite, educate and communicate emerging risks impact on underwriting strategy and execution.
Understand total risk profile of portfolio to include all current and prior risk
Identify trends in performance to set future strategy and develop recommendations for improvement/corrective actions
Work closely with field leadership to garner full view and understanding of external marketplace trends, anticipate customer needs and recommend proactive actions for product, appetite and process
Deploy and manage quality and compliance standards and refine as necessary to maintain integrity of portfolio
Work closely with learning team to address continuing education needs and educational opportunities
LLA – assure lessons learned from large losses
Steward the countrywide underwriting health of the portfolio in total and by product
Responsible for profit and net rate planning and execution
Manage pricing, including retention and new growth relative to differentiation, loss cost trends and outlook targets
Assist the Head of Multinational with forecasting and monthly reporting
Participate in planning process in partnership with Business, Product and Actuary and Industry FAC RE and treaty special acceptance decisions and process
Responsible for establishing and maintaining close partnership with Product and Actuary to inform business and anticipate actions on pricing trends, loss reserve trends, threats and opportunities
Develop Industry and LOB strategies to advance profitable growth including industry-specific form enhancements
Responsible for planning process portion that includes product and actuary outlook inputs
Guide Product and IT teams on any Multinational needs or enhancements
Advance Multinational’s underwriting talent agenda for exceptional underwriting community, collaboration and cross sell skills and routines, mentoring career paths
SME for advanced learning investments including collaboration with network partners
Maintain and ensure the technical acumen (coverage, limits, program structure) of underwriting staff in every line of business in scope
Accountable for Underwriting Authority delegation and execution
Formalize training process and routines for new hires
Provide input to underwriting strategies and practices with specific distribution partners as needed
Develop and nurture BU strategic alliances with distribution partners and clients
Maintain/develop an external industry presence
Partner with Head of Multinational in strategic roadmap for future of business
Work closely with all Underwriting Officers in MLC
Responsible to lead and accountable for development and coaching of all underwriters in the Business Unit
Lead U.S. incoming desk for business written on behalf of Network partners
Accountable for low-end portfolio, with both direct and indirect influence
Responsible to drive our Multinational roadmap both internally and externally – with goal to differentiate The HIG and risk – to grow our business