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Acadia Insurance (a Berkley Company) · 3 months ago

Chief Underwriting Officer (EVP, SVP, VP)

US-CT-Greenwich

Full-time

Onsite

Mid, Senior Level, Lead/Staff

10+ years exp

Acadia Insurance, a Berkley Company, is seeking a Chief Underwriting Officer who will report directly to the President/CEO and be a key member of the executive leadership team. This role is responsible for the strategic planning and overall management of the underwriting discipline to ensure profitable growth and involves developing and executing underwriting strategies in collaboration with other departments.

Commercial InsuranceInsurance

No H1B

Responsibilities

Oversee the development and management of all aspects of underwriting strategy, aligning with the overall strategic plan, and translating the strategy into clear underwriting guidelines and limits of authority

Establish underwriting authority levels and referral processes that both streamline decision-making and ensure underwriting excellence

Develop pricing and underwriting strategies to attain and improve profitable growth

Develop an efficient set of processes that deliver creative, customized underwriting and risk management solutions while meeting the expectations of our partners

Set strategic process for identifying, evaluating and managing emerging risks

Develop and manage both internal and external relationships in a way that strengthens trust in the business partnership

Manage the portfolio to reflect an appropriate balance between segments and diversification of line of business

Devise strategies and protocols to grow profitably during all market cycles

Establish policies and direct the analysis of information to support the development of products, services, and/or new programs (i.e., research and identify target businesses, competitor information, analyze industry and economic factors, etc.)

Lead, direct, and has management accountability for corporate underwriting team with emphasis on building organizational capability, talent management, and promoting a culture of superior portfolio management and product underwriting

Assist in the maintenance of forms and rate filings for specific segments of business

Development, implementation, and maintenance of authority statements. Drafting of authority for other department managers and any relevant relationships

Lead for internal underwriting audit

Responsible for underwriting document filings, accuracy of data entries to systems and contract integrity for accounts underwritten

Meet as needed with the Senior Leadership Team and President to analyze, recommend, and report on the progress of objectives

Provide the leadership mentoring and guidance necessary to build and sustain a high performing workforce

Anticipate and plan for the future, with the capacity to collaborate with other senior management team members in a way that fosters innovation

Qualification

Commercial insurance underwritingStrategic leadershipRisk managementInterpersonal communicationOrganizational skillsTeam collaborationPresentation skillsProblem-solvingAdaptability

Required

BA/BS degree in a related field is ideal

Minimum of 10 years commercial insurance underwriting experience including products, property, workers compensation and automobile

Demonstrated ability to provide strategic and tactical leadership to a team of talented professionals

Demonstrated organizational skills, working with integrity and great strategic foresight - challenging norms while working collaboratively with colleagues at all levels of the organization

Strong interpersonal relationship and communication skills, as well as a desire to collaborate, build rapport, add value and effectively problem-solve with their direct support teams and the teams of the company

Exhibits a track record for finding innovative ways to bring teams together to problem-solve for greatest efficiency and effectiveness. Supportive and dedicated to solving the strategic and tactical execution needs of each respective company

Agile and decisive; can work with an ambiguous, fast-moving environment while also leading to clarity and solutions; adapts quickly and effectively to change

Well-versed in presentations, accustomed to addressing agents, vendors, and partners

Ability to influence and persuade through advanced written and verbal communication skills

Ability to travel up to 20% of time if necessary