Executive Underwriter, Management Liability jobs in United States
cer-icon
Apply on Employer Site
company-logo

Acadia Insurance (a Berkley Company) · 1 month ago

Executive Underwriter, Management Liability

Acadia Insurance, a Berkley Company, offers solutions for hard-to-place and distressed risks. The Executive Underwriter will oversee Management Liability underwriting, ensuring revenue growth and competitiveness while managing an individual book of business and directing underwriting activities.

Commercial InsuranceInsurance
badNo H1Bnote

Responsibilities

Maintain contributory responsibility for Management Liability underwriting, including revenue growth, profitability and competitiveness by directing the activities for an underwriting function or team but overall sole responsibility for an individual book of business
Oversee policy applications, renewals, repricing, restrictions, and cancellations to determine risk acceptability and coverage
Recognized as a technical expert that has both technical and administrative responsibility
May be involved in planning and implementing administrative, technical and operational direction toward achieving defined goals and objectives
Focus is maintained on their assigned brokers to foster growth, understanding of our business, marketing of our appetite and initiatives as well as the key point person for resolution of service issues
Demonstrates broad knowledge of the business including not-for profit D&O, private company D&O, employment practices liability, fiduciary liability, crime and excess management liability lines of business
Links product line policies, procedures and practices to the overall company strategy
Demonstrates a broad overview of the company’s operations
Identifies and acts on opportunities to share line of business knowledge with customers and team
Recognizes and advances the development of technological enhancements to meet strategic needs
Blends outside ideas with internal values when making recommendations
Networks with peers and outside resources to exchange ideas and information
Make recommendations in the development and implementation of policies and practices
Recommends new coverage enhancements to products to fill market gaps needed to create Integrates coverage, service, and regulatory or emerging hazard issues to exceed the needs of the customer
Coaches and directs others on coverage, service and regulatory or emerging hazard issues
Acts as a referral source, within assigned authority, on coverage and pricing
Helps train less experienced underwriters in product line
Achieves profitable growth through effective use of underwriting and business skills in assigned territory or product line
Develops pricing proposals utilizing advanced techniques
Understands pricing needs over a large territory or book of business
Works with claims to understand current claims trends and to incorporate trends into underwriting
Gathers and analyzes information to determine risk acceptability
Assesses rate adequacy relative to exposure
Integrates internal and external resources
Assesses and prioritizes underwriting and service needs and the feasibility of their delivery
Identifies critical exposures, trends and opportunities, and assists with the development of strategies to address them
Shares specialized knowledge of exposures for industry or market segments
Persuades customers in a preferred direction
Demonstrates the ability to influence brokers
Builds and leads effective underwriting teams
Negotiates advanced coverage issues
Solicits broker feedback and brings resolution to issues
Provides training guidance and acts as a referral source on coverage and pricing
Demonstrates advanced selling skills
Coaches and develops staff on client management

Qualification

Management Liability UnderwritingExcess & Surplus LinesWholesale Brokerage DistributionCPCU CertificationProfessional Liability ExperienceRisk Management KnowledgeCoaching SkillsClient Management SkillsNegotiation Skills

Required

Four (4) year College Degree, or commensurate experience and training (Risk Management preferred)
Minimum of 10 years' management liability underwriting experience
Strong experience in Excess & Surplus Lines and Wholesale Brokerage Distribution
Experience writing primary and excess professional liability is required

Preferred

CPCU, ASLI, AU and other Professional designations preferred

Benefits

Competitive compensation plan
Robust benefits package for full time regular employees

Company

Acadia Insurance (a Berkley Company)

twittertwittertwitter
company-logo
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.

Funding

Current Stage
Growth Stage

Leadership Team

leader-logo
Simone Grimes, CPA, MBA
Chief Financial Officer
linkedin
leader-logo
Steve Rich, CPCU
Senior Vice President & Chief Claims Officer
linkedin
Company data provided by crunchbase