Corporate Underwriter- Property

Summary:  Under limited supervision and with significant independent judgment, responsible for portfolio management of the line of business (LOB) to achieve profitability, quality, efficiency, consistency, and growth by developing the underwriting approach by line of business.  This role is responsible to maintain the highest level of technical underwriting expertise in their LOB and the highest standard of underwriting integrity within the company.  This includes developing the underwriting approach by LOB, developing standards and best practices, serving as an underwriting subject matter expert, supporting staff skill development, and ensuring that underwriting quality is maintained.  This is a home office referral underwriting role.

Essential Duties and Responsibilities:

1. In collaboration with Underwriting (equivalent Chief Underwriting Officer) leadership, develop underwriting approach for the assigned line of business by:
1. Establishing authorities and setting the decision rights by underwriting level
2. Engaging in the most complex underwriting risks for acceptability and appropriate pricing
3. Developing underwriting guidelines, risk selection criteria through hazard grades, class appetite, and appetite guides
4. Developing business rules promulgated in documents or through system implementation

2. In cooperation with underwriting leadership, develop commercial lines underwriting standards and best practices by:
1. Developing the underwriting policy including risk acceptability and appetite for the LOB
2. Researching, developing, and implementing underwriting tools, policies, procedures, and processes to promote consistency
3. Defining technical standards, controls, and processes
4. Evaluating staff to identify skill gaps relative to underwriting best practices and provides performance improvement consulting and support
5. Monitoring the performance of the underwriting function and makes recommendations for continuous improvement including being engaged in finding issues and developing recommendations regarding regional and line profitability with deeper dives on loss analysis to look for patterns.
6. Developing and leading the large loss insight process and training outcomes.
7. Acting as a subject matter expert, providing underwriting expertise to business units
8. Keeping current on state/territory issues and trends
9. Supporting the regions in achieving an underwriting profit

3. Develops and executes effective underwriting internal quality control processes and procedures to ensure a consistent work product by:
1. Designing and leading the underwriting quality review process to identify:

1. 1.  issues that need to be addressed,
   2. additional training that needs to occur, or
   3. additional guidelines that need to be developed

2. Auditing accounts to ensure consistent approach with authorities, underwriting strategy, pricing, standards, and procedures
3. Developing and implementing new business process reviews to ensure consistency in underwriting
4. Developing and implementing premium leakage measures for quality reviews
5. Developing and delivering training and tools to commercial lines underwriting staff
6. Providing effective coaching and fostering knowledge and learning based on market conditions
7. Consulting resource for referrals, coaching, sounding board, and collaboration

4. Serves as Business Lead and/or resource on corporate projects representing the underwriting function

5. Performs other duties as assigned

Education/Experience:

Level 6: Master’s degree (M.A.) or equivalent; or six to ten years related experience and/or training; or equivalent combination of education and experience.

Certificates, Designations and Licenses:

AINS, AU, CPCU, ARM preferred