Executive Director, Property Underwriting at Nextgen Solutions Corporation

Title: Executive Director, Property Underwriting
Location: Remote
Direct-hire

Job description:

Responsibilities:

• Overall management of all Property Based programs to growth and profitability standards with heavy emphasis on REO/REI, Shared Layered, LRO & CAT.
• Implementing and reviewing new and broader underwriting strategies and products in cooperation with the internal business development team
• Working in close cooperation with the internal Program Manager(s), Compliance and Filings, Loss Control, Actuarial, Claims and other internal business members
• Leading program underwriting audits and other meetings with program partners as required

Ideal team member would possess the following skills:

• Utilizes current data and initiates customized information to interpret pricing and exposure trends
• Actuarial fundamentals. Ability to understand loss trends, loss triangles, and ratemaking.
• Ability to quantify risk based on experience history and forecasting methods.
• Marketing and Communications. Ability to sell and negotiate to achieve bottom line profitability for the Company. Ability to make presentations and communicate articulately.
• Ability to base communications on strategic thinking.
• Ability to manage underwriting decisions in relation to company strategy
• Initiates appropriate actions to sustain profit on the Property Book
• Develops pricing, coverage form, and guidelines proposals
• Recognizes and evaluates the impact of risk transfer and various pricing mechanisms, and recommends appropriate action to enhance long-term profitability
• Deep understanding of CAT modeling
• Offers creative solutions that contribute to achievement of Property book goals
• Recognizes and advocates certain expectations to underwriting standards and creates viable options
• Assesses rate adequacy of book relative to exposure assumed
• Interactive process of developing and satisfying existing and prospective producers/customers consistent with Citadel’s Mission

Qualifications

• 7+ years underwriting experience
• Strong marketing, sales and presentation skills are required
• Ability to develop strong broker relationships
• Must have excellent negotiation and communication skills
• Must exhibit solid team orientation with proven ability to manage multiple priorities in a changing business environment
• Ability to work well internally with varying levels of zone/branch management and underwriting personnel on communicating Real Estate Practice appetite/issues
• Knowledge of underwriting concepts, practices, and procedures
• Microsoft Word, Excel, Outlook, and Other Pricing / Modeling software
• Ability to self-manage, organize, and prioritize work with limited direction.
• Enhanced leadership skills
• State Licensing – where required
• Ability to travel as needed.