VP-Underwriting

Brotherhood Mutual Careers•Fort Wayne, IN

53d•Onsite

About The Position

Responsible for providing strategic leadership for the company by working with the Chairman and President, Senior Vice President, Board of Directors, and fellow Executive Team members to establish long-range goals, strategies, plans, budgets, and policies. The Vice President is also responsible for effectively directing and leading the Underwriting functions of the Company.

Requirements

Must possess broad knowledge of Brotherhood Mutual, ACG, and MinistryWorks company operations.
Advanced knowledge of underwriting principles and practices, policy forms and endorsements, and a basic knowledge of rating.
Must be able to make independent decisions.
Must be able to develop creative solutions to problems and be comfortable working in a fluid environment.
Must have the ability to motivate and lead others.
Must have strong oral and written communication skills and demonstrate the ability to communicate complex information in an understandable manner.
Must have the ability to handle difficult and confrontational situations in a diplomatic manner and use negotiation skills in the resolution of underwriting and agency differences.
Must be able to represent the company in a professional manner.
Must have the ability to effectively present information to small and large groups of people in both formal and informal settings.
Must have the ability to instruct and train others.
Must be able to access, input and retrieve information from a computer and have a thorough understanding of all automated Underwriting processing systems and workflows.
Must have the ability to make sound underwriting decisions relative to property and casualty acceptance, pricing and coverage.
Effectively interface with external contacts, Brotherhood employees, managers, and department staff members.
Must have a bachelor’s degree.
Must have the CPCU designation.
Must have at least 10 years of experience in Insurance Underwriting.

Nice To Haves

JD, MBA, or equivalent degree is desired.
Successful track record in underwriting with at least ten years of experience in the field is desired.
Five years of management experience is desired.

Responsibilities

Serve as a strategic adviser to the Chairman and President, Senior Vice President, Board of Directors and company leaders with respect to new and emerging trends, opportunities, threats and company alternatives and initiatives. This includes focusing on long term trends and outlook, and competitive intelligence.
Connect with company agents, key accounts and prospects to build relationships and to convey information about trends, company philosophy and product/service information to these constituents.
Exemplify the corporate mission and core competencies expected of an officer of Brotherhood Mutual.
Execute the corporate strategy by working collaboratively with other Executive Team members and ensuring the strategy is communicated to all within the Underwriting department. Ensure strategic actions are completed at various levels to achieve desired results.
Provide leadership, development, and oversight to the employees of the Underwriting department.
Prepare budgets annually for the Underwriting Department and maintain costs within established budget parameters.
Direct underwriting activity to assure that the risk selection and limits of liability are within established guidelines and reinsurance treaties.
Direct the establishment of policies and procedures that ensure quality service, fair dealing and regulatory compliance relating to the underwriting process.
Monitor and maintain within established guidelines, underwriting related benchmarks (such as written premium growth rates, risk ratios, retention ratios, closing ratios, customer satisfaction, etc.).
Participate as needed in the resolution of complex insurance quotations.
Direct the training, development, advancement, and empowerment of Underwriting Department personnel to attain their career goals while furthering the company mission.
Assist in training personnel from other departments on underwriting related matters.
Identify and implement new and innovative systems, procedures, or methods that facilitate prompt, fair, and effective issuance of insurance quotations; improve the customer experience; and enhance the ease of doing business with our agents.
In cooperation with Underwriting Department management and Human Resources, evaluate performance and manage compensation within established parameters of Underwriting Department personnel.
Complete other projects as assigned.