Director of Underwriting

Summary/Objective

Responsible for ensuring the integrity of underwriting and compliance activities and processes.

Essential Functions

• Developing pricing models for new and existing business consistent with group actuarial results, state regulation, and the appetites and goals of the Board of Directors

• Collecting and analyzing all data needed to effectively underwrite new business

• Collaborating with internal and external resources to determine viability of new and existing business

• Maintaining strong relationships with brokers, sales representatives, loss control personnel, Excess Insurance carriers, and internal departments such as compliance, marketing, finance, IT, and customer service

• Reporting underwriting data that is meaningful for audiences at all levels

• Reviewing annual payroll audits for inconsistencies that may affect the overall account risk and adjusting the current year to offset any additional risk through classification, payroll adjustment, rating, or revocation

• Ongoing department training to ensure all staff are knowledgeable and have the resources they need to effectively perform within the department

• Formulating strategies to reduce claims and loss exposures through close communication with loss control and implementing these programs

• Submitting data required for financial audits, compliance audits, and other regulatory audits

• Compiling underwriting status reports for presentation at monthly Board meetings and at mandated annual Group meetings

• Facilitating Excess/Reinsurance renewals
• Employee related duties such as hiring, firing, employee reviews, managing time off requests, etc.
• Creating and maintaining the department budget

Competencies

• Communication Proficiency
• Decision Making
• Discretion
• Ethical Conduct
• Financial Management
• Organizational Skills
• Personal Effectiveness/Credibility
• Presentation Skills
• Problem Solving/Analysis
• Technical Capacity
• Thoroughness

Skills

• Good Computer Skills, Strong Knowledge of Microsoft Office (Microsoft Word, Microsoft Excel).
• Analytical and problem solving skills
• Decision making skills
• Strong interpersonal and communication skills
• Can-do attitude and ability to think outside the box
• High attention to detail
• Good time management skills
• Excellent telephone etiquette

Supervisory Responsibility

• This position is directly responsible for leading managers of the division and indirectly responsible for all employees within the division.

Work Environment

This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to sit; stand; walk; use hands to finger, handle or feel; and reach with hands and arms. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

Position Type/Expected Hours of Work

This is a full-time position, and hours of work and days are Monday through Friday, 9:00 a.m. to 5 p.m. Occasional evening and weekend work may be required as job duties demand.

Network Permission

• Underwriting Drive and Sub Folders
• Operations Drive and Sub Folders

Software

• Microsoft Office 365
• Adobe Acrobat Full
• Shortel
• In-house Software

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Benefits

Comprehensive benefit package, which includes company sponsored Medical, Dental Short Term Disability, Long Term Disability and Basic Life Insurance. In addition, we offer Vision, Vacation (Paid Time Off) Holiday pay, 401K, Supplemental Insurance and more.

EEO Statement

The Company is an Equal Opportunity Employer. In order to remain competitive, we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law. M/W/D/V (Minorities/Female/Disabled/Veteran)