VP of Digital Underwriting

Converge Insurance

147d

About The Position

We are seeking experience and dynamic VP of Digital Underwriting to lead the digital transformation of our underwriting processes. In this senior leadership role, you will be responsible for developing and executing the digital underwriting strategy, aligning technology and innovation with our underwriting goals and ensuring a seamless integration of digital solutions across the organization.

Requirements

• 7+ years of experience in underwriting with at least 3 years in a role managing digital transformation and innovation within the underwriting space, preferably in cyber insurance.
• Proven experience in driving digital transformation initiatives in the insurance industry with existing broker relationships, particularly in underwriting.
• Demonstrated P&L management experience and financial acumen, including budgeting, forecasting, and driving profitability.
• Knowledge of digital underwriting platforms, data analytics, ML/AI and automation tools.
• Familiarity with insurance technologies, including policy administration systems and risk assessment tools.
• Excellent communication skills with the ability to influence stakeholders at all levels of the organization, and external partners.
• Ability to thrive in a fast-paced, dynamic, and entrepreneurial environment.

Responsibilities

• Develop and execute a comprehensive digital underwriting strategy that aligns with company goals and supports our expansion efforts, especially in the areas of automation, data analytics, and AI-driven underwriting.
• Drive digital transformation initiatives that streamline underwriting processes, improve efficiency, and enhance customer experience. This includes implementing digital platforms, improving data collection, and ensuring robust risk assessment capabilities.
• Collaborate closely with cross -functional teams including claims, product, distribution and technology to ensure seamless integration of digital underwriting solutions across the organization.
• Work closely with Head of Product to ensure compliance and digital underwriting processes adhere to regulatory standards and risk management protocols.
• Establish and monitor KPIs to measure the success of digital underwriting initiatives and implement continuous improvement programs.
• Manage relationships with external vendors and technology team, ensuring that digital underwriting tools and platforms meet our evolving business needs.
• Stay up to date on digital underwriting trends, emerging technologies, and industry best practices to continuously drive innovation and competitive advantage.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive