Underwriting AVP, Hotels
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Job Location:
Overland Park, KS - USA
Monthly Salary:
Not Disclosed
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Company Details
Intrepid Direct Insurance (IDI) is a rapidly growing direct to consumer Property and Casualty insurance company. A member of the W. R. Berkley Corporation a fortune 500 company rated A (Superior) by A.M. Best Intrepid Directs vision is to make life better for business. The insurance industry has not evolved with innovation like other major industries. Were here to change that. We are making life better for our customers shareholders and our team members by leveraging data and technology as insurance experts for our targeted customers. You will be part of a highly collaborative team of talented and focused professionals. Join a group that enjoys working together trusts each other and takes pride in our hard-earned success.
Company is an equal employment opportunity employer.
Responsibilities
The AVP Hotels will serve as the enterprise leader responsible for advancing scaling and refining Intrepid Directs national franchise hotel vertical. This role requires a strategic consultative and innovative mindset to grow a long-term profitable portfolio while ensuring excellent customer experience and disciplined underwriting. The AVP Hotels will collaborate cross functionally lead hotel underwriting and represent Intrepid Direct with key external partners to position this vertical as a best-in-class insurance solution for the hotel industry.
Key Responsibilities
Strategic Leadership & Vertical Ownership
- Lead the strategic development and long-term vision for the Hotels vertical ensuring alignment with Intrepid Directs growth profitability and customer experience goals.
- Serve as the primary internal subject matter expert continuously developing expertise in hotel operations risk management and market trends.
- Own the financial performance of the Hotel vertical including loss ratio rate adequacy portfolio profitability and growth targets in partnership with Underwriting Actuarial and CSA leadership.
Underwriting Leadership & Discipline
- Partner with underwriting and actuary leadership to finalize underwriting guidelines product structures and required filings for the hotel program.
- Underwrite hotel accounts within our policy systems ensuring disciplined risk selection and long-term risk adjusted returns.
- Establish best practices training frameworks and quality standards for the hotel vertical responsible for training and mentoring underwriting and CSA on standards
Walk in the shoes of hotel owners and vendors
- Periodically attend national conventions to learn industry trends and visit with customers to learn their needs.
- Learn and collaborate with hotel risk management vendors
- Provide consultative expertise to enhance the customer journey from submission intake through onboarding and renewal.
- Offer guidance and cross-training to members of the CSA and Sales teams so they can effectively explain pricing and terms related to both prospects and renewals.
Analytics Innovation & Continuous Improvement
- Leverage data and analytical insights to guide underwriting strategy pricing decisions and portfolio management.
- Identify third-party data sources and technology tools that enhance risk assessment operational efficiency and vertical competitiveness.
- Lead projects from concept through execution ensuring timely delivery and measurable outcomes.
- Drive continuous improvement in all processes including submission intake underwriting workflow communications and claims engagement.
Operational Excellence
- Meet deadlines manage multiple concurrent initiatives and operate effectively in a dynamic entrepreneurial environment.
- Participate in underwriting audits file reviews and regular reviews ensuring guideline adherence documentation quality and compliance with filing requirements.
Qualifications
- Bachelors Degree
- Insurance designations preferred
- 15 years of commercial P&C insurance experience
- 15 years of underwriting experience
- Experience underwriting hotels
- Proven track record of success
- Entrepreneurial by nature willing to build and be a thought leader with all stakeholders
- Embraces innovation and continuous improvement
- Excellent communication skills ability to effectively present to small or large groups.
- Team player positive by nature!
- Experience building or managing a specialty vertical
- Skilled in vendor/association relationship management and business development.
- Travel up to 20%
Additional Company Details
The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Key Skills
- Presentation Skills
- Risk Management
- Financial Services
- IFRS
- Banking
- Pricing
- Analysis Skills
- Securities Law
- Investment Banking
- Relationship Management
- Strategic Planning
- Leadership Experience
About Company
Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.
