Chief Underwriting Officer - Berkley

Company Details:

 

We are a global insurance provider offering property, casualty and professional insurance coverage for clients with technology exposure and technology firms worldwide.

Responsibilities:

The Chief Underwriting Officer provides strategic direction and leadership for the Underwriting functions at BTU. This executive leader will oversee underwriting profitability and leading/developing the underwriting department for success. This includes executive level business planning, developing team members, forecasting, industry risk selection, and guidance in insurance industry affairs in all states.

• Provide high-level leadership, expertise and guidance in underwriting and insurance matters.
• Participate in the overall leadership and management of the Company as a member of the Senior Executive Team, including strategic, operational, and budget planning.
• Responsible for overall leadership and management of the underwriting staff in accordance with the Company’s policies and all applicable laws and regulations.
• Daily management of the underwriting department to ensure the effective solicitation, selection, pricing, and retention of profitable business.
• Implement underwriting strategies to meet market needs, including new underwriting programs, procedures, and products.
• Assign underwriting authority to staff and establish and maintain controls to monitor their ability to accept risks, determine pricing and coverages, and place reinsurance.
• Establish and maintain underwriting audit processes and controls to verify compliance with underwriting authorities, established guidelines, standards, and procedures.
• Oversee underwriting of difficult, complex accounts and resolve issues beyond the authority of underwriting staff.
• Collaborate with other departments regarding regulatory issues, accounting, processing, marketing, or other company issues.
• Lead the assessment and implementation of ongoing process improvements in the underwriting department as technologies and business models evolve.
• Develop and manage relationships with sister companies, W. R. Berkley, reinsurers, and vendors.
• Identify employees for promotional opportunities and create development plans to prepare them for their next step within the organization.
• Resolve performance issues consistent with company policy. Ensure compliance with company policies by all staff members.

May perform other functions as assigned

Qualifications:

• Bachelor’s degree or equivalent

• Minimum of 15 years equivalent experience in a commercial P&C underwriting
• Minimum of 10 years managing and leading teams.
• Experience with underwriting large accounts and portfolio (small business) underwriting.
• Proven ability to learn workflow tasks and corresponding systems quickly.
• Intermediate/Advanced knowledge of the underwriting process and of commercial property and casualty lines of business and common forms/endorsements preferred.
• Excellent communication skills (written and oral).
• Detail oriented with good follow-through skills.
• Project management experience and skills required.
• Must be dependable and professional, self-starter.
• Proven energetic team player contributing to a high-performance learning organization with a strong culture.

Additional Company Details:The Company is an equal employment opportunity employerWe do not accept any unsolicited resumes from external recruiting agencies or firms.The company offers a competitive compensation plan and robust benefits package for full time regular employees.The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.https://www.berkley-tech.com/Additional Requirements:Travel: 50%Sponsorship Details:Sponsorship not Offered for this Role