Managing Director, Financial Lines - Chicago, United States - The Hartford

The Hartford

Verified Company

Chicago, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Managing Director - UC06BE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies.

Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

Financial Performance

Participates in the creation of annual and forward looking financial plans for the assigned underwriting team(s); Oversees one or more local Underwriting team (s); Accountable for driving the targeted financial performance consistent with the department plans throughout the assigned underwriting team.
Work closely with senior department leader to implement operating plans that adhere to underwriting goals and strategies which will position HFP to continue to profitably grow
Closely manages plan across the department and through coaching and direction, implements specific action to address financial and execution shortfalls

Sales/Agency Management

Direct client and broker interaction with a specific focus on national, large regional and local VIPs/Top Partners
Maintain productive relationships with assigned distribution partners
Responsible for building and maintaining relationships with Field Leaders ( including DE's, RVP's, Segment Managers) throughout the assigned region to drive profitable growth of business
Translate information regarding competitors' strengths, weaknesses and strategies to drive improvements and investments in sales execution and product offerings

Underwriting Execution

Ensures that underwriting strategies supporting profitable growth (execution on underwriting, risk selection, etc.) are consistently followed throughout the assigned underwriting team
Proactively implements corrective action as necessitated by macro business trends, regional issues, or individual performance challenges
Takes a portfolio view of the business when making recommendations on individual accounts, product offerings or underwriting strategy

Leadership and Talent Development

Establishes a pipeline of talent to support the attraction, selection and development of high caliber, diverse talent from within and/or outside the organization
Participates in creation of strategic staffing plan to support the profitable growth of the business while also providing development opportunities for employees
Responsible for managing and developing direct reports as well as working closely with the leadership team to ensure completion of meaningful development plans and the development of talent
Completes effective annual performance reviews for staff; contributes to overall group compensation strategy.
Drives accountability and ownership of group results to the Underwriters
Executes on Employee Survey Action Items as a result of annual survey outcomes

Qualifications:
10+ years underwriting experience within Financial Institutions, specifically with focus and expertise in management and professional liability.

3+ years of prior leadership experience preferred.

Strong influencing and communication skills with demonstrated ability to engage with senior management internally and customers/clients.

Established Broker/Agent relationships within Central West territory.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market.

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role.

The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition.

The annualized base pay range for this role is:

$165,280-$247,920

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age