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Fortegra · 1 day ago

Director, Warranty & Consumer Products Underwriter

Jacksonville, FL

Full-time

Onsite

Mid, Senior Level

5+ years exp

Fortegra is seeking a Director of Warranty & Consumer Products Underwriter to lead their underwriting team. The role involves evaluating and pricing warranty and service contract programs, managing a team, and developing profitable business opportunities.

Insurance

Responsibilities

Evaluate and price automotive and/or consumer product warranty and service contract programs

Manage a team of underwriting analysts

Develop pricing methodologies for new products, including documentation and automation

Develop a profitable and sustainable book of warranty and service contract business

Manage the profitability of the book of business on a portfolio and on a deal by deal basis

Develop a suite of warranty related products and match to local market needs

Develop with the Sales team a profitable pipeline of new business opportunities

Manage and underwrite deals, including risk assessment, pricing, negotiation and closing

Manage the relationships with distribution channels and clients both during underwriting, deal implementation and ongoing deal management stages

Manage the profitability of current programs and re-negotiate renewal terms where appropriate

Establish, implement and manage appropriate underwriting guidelines

In conjunction with actuarial-data intelligence, build and use valuable data in underwriting, pricing and marketing services

Liaise with actuarial, finance, legal, claims, ops. & IT, and compliance in structuring and closing deals

Build high levels of credibility and positive brand recognition for Fortegra

Liaise closely with other Credit & Specialty teams to cross sell their products and services through warranty distribution channels and vice versa

Support the CUO in setting and implementing the group business strategy

Qualification

Underwriting experiencePricing methodologiesTechnical underwritingPortfolio managementAnalytical skillsFinancial statement analysisNegotiation skillsProject managementMulti-taskAttention to detailOrganizational skillsProblem-solving skillsGoal-oriented dispositionWork under pressure

Required

5+ years' underwriting and pricing experience in the consumer products extended warranty / service contract arena

In depth understanding of and expertise across one or all product lines – automotive, Consumer Products, Wireless

Strong track record of profitable underwriting performance and deal closing

In depth knowledge of TPA's, repair networks, technology and data intelligence

Wide network of long term relationships with agents, TPA's, brokers and other distribution channels

Full understanding of the relevant compliance regulations

Bachelor's degree or equivalent work experience

Excellent technical underwriting and portfolio management skills aligned with strong commercial acumen

Highly effective negotiation and project management skills

Strong presentation skills

Experience in building and managing profitable business

Ability to accurately analyze financial statements and complex deals

Ability to multi-task

Focus and goal-oriented disposition

Attention to detail

Knowledge of and ability to collaborate when necessary with other departments

Excellent organizational skills

Strong analytical and problem-solving skills

Ability to meet deadlines without compromising consistency in the process

Experience dealing and handling sensitive information

Ability to work under pressure

Ability to prioritize to guarantee that all issues are allocated the required time to be handled in a professional manner

Benefits

Medical

Dental

Life

Vision

Company paid short/long term disability

401(k)

Tuition assistance

Company

Fortegra

For more than 45 years, Fortegra and its subsidiaries have delivered risk management solutions that help people and businesses succeed in the face of uncertainty.

Founded in 1978

Jacksonville, Florida, US

501-1000 employees