Nationwide Sr Dir,Underwriting - E&S Spec in Scottsdale, Arizona

Job ID: 52313


Role Summary

Responsible for setting, monitoring, achieving, and measuring the established goals for the region or channel. Develops and implements region’s or channel’s strategic plans and objectives. Analyzes, develops, and monitor expense budget. Accountable for underwriting guidelines, rates, forms and procedures across regions or within territory. Monitors and approves the preparation of rates and forms filings and authorizes the use of such rates and forms. Influences relationships with general agents, brokers, and other customers. Approves accounts, which exceed underwriting staffs authority either due to level of complexity, premium, class of business or coverage provided.

*This position supports MLS, on a program basis (with outside program managers) and will report to John Lopes

Key Responsibilities

  1. Develops and implements strategic underwriting plans. Provides business forecasting related to trends, and profitability within region/channel.

  2. Directs the development, implementation and monitoring of underwriting guidelines, rates, forms, product endorsements and procedures. Monitors and approves the preparation of rates, forms, and endorsement filings and authorizes the use of such rates, forms, and endorsements.

  3. Directs the general agency, brokerage relationships/results, and recommends corrective action if necessary. Conducts regular visits with general agents/brokerage to understand business needs and to identify new business opportunities.

  4. Approves accounts which exceed underwriting staffs authority due to level of complexity, premium, class of business or coverage provided.

  5. Maintains composition of designated book of business to achieve favorable results. Monitors performance and provides report card on regional/channel results. Takes action based on results as needed.

  6. Administers and participates in discussions with re-insurers per department guidelines verifying the appropriate use of all reinsurance facilities used by the department, including various treaty, semiautomatic and facultative reinsurance. Maintains good working relationship with re-insurers.

  7. Interacts with all departments of the company to achieve company goals and objectives.

  8. Communicates regional and/or brokerage initiatives and goals. Builds alignment within territory teams within the region and across the regions.

  9. Directs associate management including: performance management, salary planning and administration, training and development, workflow and organizational planning, hiring and placement, and disciplinary actions.

    1. Performs other related duties as assigned.

Typical Skills and Experiences

Education: Undergraduate degree.

Certifications: Completion of general insurance courses such as CPCU, CIC, AU, ARM, CPIW or ASLI is preferred.

Experience: A minimum of ten years underwriting experience required including five years management experience, excess and surplus lines experience desired. Knowledge of complex underwriting policies, practices and procedures, insurance law and underwriting marketing principles and techniques. Knowledge of standard bureau rating plans and concepts. Knowledge of alternative rating methods and plans and pricing theory. Knowledge of treaty and facultative reinsurance. Knowledge of regulatory issues, the general agency system, market conditions and company operations. Knowledge of employment principles and practices.

Skills: Excellent verbal and written communication skills to communicate with individuals and groups via telephone, fax, e-mail and in person. Demonstrates advanced negotiation skills. Ability to direct a highly technical staff. Ability to work with the wholesale/general agency/brokerage distribution system. Ability to analyze highly complex insurance risks to determine acceptability including policy language, various commercial and alternative rating plans and methodologies, reinsurance. Ability to use/learn job related software. Ability to devise business solutions to complex problems, implement the most appropriate and monitor effectiveness. Ability to make decisions on highly complex issues and work with minimal direction. Ability to coach, train and mentor managers and underwriting personnel. Ability to analyze and interpret mathematical, statistical and logical data and evaluate its reliability and significance.

Other criteria, including leadership skills, competencies and experience may take precedence. Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Job Conditions

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment. Some travel may be required.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Job Family/Function: UND/ESU

Job Evaluation Activity: 6/15/2015