VP-Underwriting is responsible for producing, underwriting, managing and retaining profitable business for the company. The primary objective is to underwrite, maintain and grow the Brit portfolio in accordance with the business plan, strategy, authority levels, company policy and regulatory environment.
Requirements
- Provide advanced technical expertise with service of new and existing clients
- Manage the entire underwriting cycle for individual accounts
- Lead and provide guidance to other team members
- Review evaluations of relevant underwriting and risk information
- Initiate pricing discussions on new and renewal accounts
- Ensure that business is being carried out within underwriting capacity
- Continuously review portfolio for exposures and pricing adjustments
- Participate in, debate and discuss accounts at Peer Review meetings
- Identify and raise issues with in-force accounts / risks
- Advise clients on policy coverages and policy contract wording
- Ensure that all submissions are written within regulatory guidelines
- Participate in discussions on risks written by other offices within Brit
- Prepare and maintain significant management reports
- Provide SVP and Management with custom management information
- Work with SVP and Management in preparation of revenue and expense budget
- Prepare studies, reports, analysis, and recommendations in areas such as Study economic and statistical data
- Develop new business opportunities that align with the underwriting strategy
- Travel to and participate/lead client meetings
- Maintain key client relationships critical to the on-going success of the business
- Encourage dialogue with other market practitioners to gain the benefit of market information
- Establish and maintain knowledge of internal controls and all procedures relating to underwriting
- Foster team behavior and a sales-oriented department culture
- Participate, as needed, in interviewing, hiring, training, and development of staff
- Work with Company Leaders identifying areas of improvement, create efficiencies and improve margins
- Develop and implement procedures based on applicable laws, regulations, rules, guidance and industry standards
- Contribute to the operational integration of new acquisitions within the organization
- Identify, plan and resolve routine department coverage and workload issues
Benefits
- Generous Paid Time Off
- 401k Matching
- Retirement Plan
