Director Executive Products Underwriting

Job Description

Job Title: Director - Executive Products Underwriting

Job Summary
The Director of Executive Products Underwriting is responsible for overseeing the underwriting process within a product line managing and developing underwriting staff and executing strategic initiatives to drive business growth. This role involves underwriting and monitoring commercial accounts performing risk analysis and collaborating with brokers and industry professionals to enhance market presence. The Director will lead the development of a marketing plan manage submissions and provide leadership in underwriting decision-making.

Responsibilities

• Lead and manage all aspects of the underwriting process within a designated product line.
• Develop and implement a marketing plan targeting new brokers and industry opportunities including organizing meetings and attending industry events.
• Oversee train and mentor underwriting staff ensuring consistent performance and development.
• Analyze evaluate accept decline rate quote and bind new or renewal submissions.
• Conduct risk analysis and monitor outcomes to ensure effective decision-making.
• Direct special projects as needed and collaborate across departments to achieve company objectives.
• Provide clear communication of underwriting decisions and recommendations to senior management.

Qualifications/Requirements

• Bachelors degree in business insurance or a related field; advanced degree preferred.
• 8 years of experience in underwriting preferably in a leadership capacity.
• Strong analytical skills with the ability to apply strategic perspectives to underwriting processes.
• Proven ability to develop and execute a marketing strategy to drive business growth.
• Experience in leading and developing underwriting teams to improve performance and productivity.
• Proficient in using software to analyze large datasets and generate insights.

Compensation Package

• Salary: $175K - $245K 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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