PURPOSE OF THE JOB
ICW Group is searching for a Director of Commercial Underwriting! This amazing opportunity will allow you to significantly contribute to the development of our new Commercial Multi-Peril line here at ICW Group. The purpose of this job is to develop underwriting strategy for commercial package products working closely with senior leadership and the product team to develop rates, rules and forms. The position plays a significant role in ongoing operations to offer property and casualty solutions for ICW clients. This position will initially focus on launch of the division and then provide ongoing management of underwriting profitability and compliance according to company goals and guidelines.If you are looking for the opportunity to direct and contribute to the ongoing success of our business and new product line, this role is for you! Apply today to learn more.
This is a hands-on role involved in underwriting for commercial package and collaborating with Actuarial and Systems requiring extensive experience, a thorough understanding of the marketplace and excellent underwriting judgement to set the direction of the division for underwriting profitability.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Drives and manages a profitable and growing book of business.
Prospects and develops new business ensuring continuing value to the business.
Establishes and maintains written procedures for business processes, ensuring compliance with Company Risk Policy and insurance regulatory frameworks.
Delivers superior customer service through collaborative relationships.
Develops and supervises a team of underwriting professionals.
Directly supervises employees within the underwriting team and carries out supervisory responsibilities in accordance with company policies and applicable laws. These responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; conducting performance and salary reviews; rewarding and disciplining employees; addressing complaints and resolving problems; coaching, mentoring, and developing team members to further their skills and knowledge; creating and monitoring development plans; setting performance expectations/goals; forecasting staffing needs and planning for peak times and absences; enforcing department policies and procedures.
EDUCATION AND EXPERIENCE
Bachelor's degree from four-year college or university required with a major or emphasis in Business, Economics, Finance or related field. Masters Degree preferred. Minimum 8 years of Commercial Property & Casualty underwriting or product experience required. Strong casualty background preferred.
CERTIFICATES, LICENSES, REGISTRATIONS
Current drivers license required. Industry-specific study and designations (CPCU, AU) a plus.
KNOWLEDGE AND SKILLS
Strong knowledge of underwriting principles and products in a commercial property & casualty insurance environment. Demonstrated ability to service the Companys customers and build and maintain relationships with production sources. Ability to apply fundamental Underwriting concepts, practices, procedures in area of specialization. Ability to read and interpret documents such as submissions, loss control reports, and standard policy form/endorsements. Excellent written and verbal communication skills; experience working with cross-functional teams. Excellent public and interpersonal speaking skills. Ability to effectively present information to a wide range of audience levels both internal and external using a variety of methods. Advanced proficiency Insurance policy systems such as Policy Decisions, use of ISOnet and Salesforce. Proficient with Microsoft Office applications including Word, Visio, Excel, and PowerPoint. Ability to apply principles of logic to a wide range of intellectual and practical problems. Advanced analytical, reasoning and problem-solving skills.
Office environment no specific or unusual physical or environmental demands and employees are regularly required to sit, walk, stand, talk, and hear.
This position maps to the Manager/Director level. Additional competencies required: None.
This position operates in an office environment and requires the frequent use of a computer, telephone, copier, and other standard office equipment.