Director of Underwriting

Job Details

Join a dynamic team dedicated to shaping the future of underwriting in a challenging yet rewarding environment! Our Fort Lauderdale-based client is seeking a commercial auto Director of Underwriting. This pivotal role reports directly to the President and serves as a key thought leader within the organization, focused on driving profitable growth across various segments, particularly in transportation.

The Director of Underwriting will be responsible for overseeing all underwriting processes, managing a high-performing team, and fostering strong relationships with stakeholders to align operations with the company s strategic goals. The role entails directing the overall underwriting strategy and policy development, ensuring profitability and efficiency. They will implement financial controls, establish guidelines and administrative standards, and maintain up-to-date risk selection criteria by analyzing competitors and market conditions. This position requires extensive knowledge in commercial auto insurance, strategic decision-making skills, and adaptability to changing market conditions.

Responsibilities:

• Demonstrating leadership by creating an environment that fosters teamwork, values diversity, and which supports and respects all team members, internal and external customers, and vendors
• Participates with others in senior management in the development and implementation of underwriting policy, marketing, and business strategy
• Oversee the underwriting process, evaluating risks and ensuring adherence to company policies and industry regulations
• Exercise oversight for the underwriting of new and renewal business in accordance with all the company guidelines, procedures, and service standards
• In coordination with President, revision, and evaluation of reinsurance program
• Large line referral underwriting
• Development of short and long term product and program strategies
• Establishment of policies and analysis to support product development
• Support development and maintenance of agency, broker, and client relationships to ensure positive and profitable outcomes
• Working with actuaries and filing team, development, filing and evaluation of rates and forms
• Reviews, directs, and monitors the application of underwriting policy and pricing including periodic audits of Cable Holdings files
• Maintenance of policy issuance quality control
• Coaches, leads, and develops Underwriting management and Underwriters including training of new hires
• Analyze data and metrics to make informed underwriting decisions, optimize portfolio performance, and achieve financial objectives
• Implement and enhance underwriting guidelines, policies, and procedures to adapt to changing market conditions

Qualifications:

• Bachelor's degree in Business, Finance, or a related field. Advanced degree and relevant certifications (i.e. CPCU, AINS, AU) are a plus
• Proven experience in commercial auto insurance underwriting, with a focus on transportation risks
• Strong leadership skills with the ability to inspire and motivate a high-performing underwriting team
• In-depth knowledge of insurance regulations, industry best practices, and emerging trends in the commercial auto sector
• Analytical mindset with the ability to make data-driven decisions and drive business performance
• Excellent communication and interpersonal skills for effective collaboration with internal and external stakeholders

 Global Recruiters of Denver

 06/01/2024

 All cities,FL