Underwriting Director - Naperville, United States - Intact Insurance Specialty Solutions

Description

We currently have an opportunity for an Underwriting Director to join our Specialty Surety team in our Naperville, IL office or remotely nationwide.

This position directs effective product development, pricing and underwriting through managing all components of profit, loss, and expenses for a significant specialty product line or multiple lines.

• Responsible for the financial performance of the Specialty product line including loss ratio, premium plans and commission targets. Achieves profitability and growth goals through the development and execution of annual strategic plan including specific underwriting, pricing, retention, service, and expense plans.
• Analyzes book trends and manages catastrophe plans. Analyzes data on competitors' products, programs, and pricing levels. Makes recommendations for new pricing levels and product modifications. Enhances existing products and programs through collaboration with Specialty staff and appropriate actuarial staff. Maintains a strong professional knowledge of regulatory and legal environments. Communicates and acts on this information effectively.
• Develops methods for building and mobilizing a technically competent and highly effective staff capable of meeting current and future needs of the corporation through effective leadership and human resources management.
• Ensures compliance with underwriting standards and authorities. Has ultimate underwriting authority for a Specialty line of business. Directs underwriting decisions in compliance with state laws.
• Monitors corporate results, develops and implements actions as needed. Establishes profit, growth and operating objectives as part of the overall plan for Specialty Lines segment(s).
• Participates in producer presentation meetings, including travel to key producers. Maintains high level producer relationships. Effectively communicates strategic direction of the company and the Specialty line of business to external audiences.
• Directs, manages, and develops Management staff. This includes goal setting, assessment, staff selection, role alignment and completion of performance appraisals. Responsible for overall communication of goals and priorities.

• Requires a high degree of technical knowledge, problem solving and decisionmaking skills, strategic planning ability and human resource management.
• Fully effective and experienced leader and influencer.
• Developing industry recognition within relevant circles.
• Demonstrated strategic thinking.

• Bachelor's degree required.
• 10 years insurance experience or related education/experience.
• Minimum 57 Supervisory/Management years of experience required.
• MBA, CPCU or RPLU designation highly desirable.

• 2501BR

• Intact Surety Group

• Naperville IL

• Naperville IL

• United States

• At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that's aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.