Director East Coast Ocean Marine Hull & Liabilities Underwriter
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Job Location:
New York City, NY - USA
Yearly Salary:
$ 180 - 250
Posted on:
2 hours ago
Vacancies:
1 Vacancy
Job Summary
Job Description
Job Title: Director - East Coast Ocean Marine Hull & Liabilities Underwriter
Job Summary: The Director of Ocean Marine Hull & Liabilities Underwriting will oversee the underwriting processes for a designated group within the product line. This role involves underwriting monitoring commercial accounts and developing strategies to manage risk exposure. The position also includes responsibilities related to marketing staff development and driving key initiatives that align with the companys overall objectives.
Responsibilities:
- Oversee and direct all aspects of the underwriting process for a designated group within the Ocean Marine Hull & Liabilities product line.
- Develop and implement a strategic marketing plan to target new brokers arrange meetings and represent the company at industry functions.
- Manage mentor and develop underwriting staff to enhance team performance and professional growth.
- Conduct and monitor risk analysis to identify potential underwriting opportunities or risks.
- Evaluate accept decline rate quote and bind new or renewal submissions with a focus on commercial accounts.
- Lead special underwriting projects and other duties as required by management.
- Provide strategic guidance on underwriting processes to senior leadership.
Qualifications/Requirements:
- Bachelors degree in Business Insurance or a related field; an advanced degree is preferred.
- Minimum of 8 years of experience in underwriting with a focus on Ocean Marine Hull & Liabilities or a similar field.
- Strong analytical skills with the ability to apply underwriting methods and strategies.
- Demonstrated leadership abilities with experience managing and developing a team of underwriters.
- Proficient in using underwriting software to analyze and manage large volumes of data.
- Excellent communication skills with the ability to present findings and recommendations to senior management.
- Ability to take a strategic approach to enhance underwriting functions and overall risk management.
Compensation Package
- Salary: $180K - $250K per year (based on experience).
- Bonus structure: Performance-based bonus opportunities.
- Profit-sharing: Up to 15% based on company performance.
- Competitive benefits package paid time off professional development opportunities etc.
Disclaimer: Please note that this job description may not cover all duties responsibilities or aspects of the role and it is subject to modification at the employers discretion.
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Required Experience:
Director
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
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