Product & Underwriting Director, Global Specialty, Casualty

The Hartford•Hartford, CT

1d•$139,600 - $209,400•Hybrid

About The Position

The Product & Underwriting Director, Global Specialty, Casualty will be responsible for product management & development and portfolio underwriting of assigned product(s) and acting as “subject matter expert.”

Requirements

7+ years’ experience within P & C Specialty Lines; focus and expertise in product & underwriting for Primary & Excess Casualty strongly 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.
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.
Provide recommendations to keep products current and appropriate for industry needs (competitiveness, profitability and compliance).
Work closely with senior leaders, including the Primary & Excess Liability Underwriting Officers, 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.
Work closely with the Primary & Excess Liability Underwriting Officers and organization stakeholders to manage relationships with third party vendors and integrate third party services in product strategy.
Advance pricing and portfolio segmentation for portfolio analysis and shaping.
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.
Continuously research the competitive landscape, economic, industry, product, actuarial trends, risk assessment and financial metrics to determine recommendations for new product/coverage opportunities and strategies.
Provide thought leadership in area of expertise, including drafting white papers and first alerts, and participating on industry panels.
Develop and maintain underwriting guidelines and underwriting authority.
Provide internal and external training and collaborate with peers and UW community.
Develop insight into competitors’ strengths, weaknesses and strategies and leverage to drive profitable business and increased market penetration.