Manager - AVP/VP, Underwriting (Environmental)

Come grow with James River Insurance!

James River Insurance is an excess and surplus lines segment of James River Group Holdings, Ltd. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.

At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of our recent national recognition as a 2023, 2022, and 2021 Top Workplaces USA awards.

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.

Manager - AVP/VP, Underwriting

Job Summary

Successfully lead and direct the assigned underwriting division to accomplish the divisional goals, initiatives and objectives for profitability, production, compliance, and new product development.

Duties And Responsibilities

• Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service
• In coordination with the Division Manager, develop and execute annual business plans for the division to include a profitable underwriting strategy.
• Responsible for the management of underwriting staff to include establishing and communicating division goals, setting individual performance goals, performance management and training.
• Handle most complex accounts, accurately assessing ineligible verses eligible accounts.
• Ensure submissions are reviewed within 24 hours of receipt.
• Write and refine Underwriting and Pricing Guidelines in response to market conditions.
• Lead new product development effort for the division to include initiation, research and implementation of new products as well as product/process enhancements.
• Working with Actuarial, establish base rates and rating methodology designed to produce underwriting profit.
• Establish proper underwriting authority for underwriters.
• Review submissions over underwriters’ authority
• Conduct underwriting audit of files to ensure practices are implemented consistently.
• Monitor rate level to ensure portfolio and individual account pricing objectives are met.
• Evaluate the performance of the Division’s book of business including utilizing actuarial techniques.
• Working with Marketing, identify broker distribution to achieve division objectives.
• Travel with underwriters as needed and represent James River at national conferences and broker events.
• Collaborate with Actuarial, Claims, IT, and other Underwriting Division as needed
  
  

Knowledge, Skills And Abilities

• Demonstrated experience in the ability to lead, motivate, influence, and mentor staff.
• Excellent verbal and written communication skills
• Strong interpersonal skills
• High degree of personal initiative and self-motivation
• Ability to organize and prioritize work effectively in a fast-paced environment
• Proficiency in MS Office (Word, Excel, Outlook)
• Understanding of current market conditions, trends competition and new product development
• Demonstrated ability to effectively assess risks, price, and negotiate business in accordance with established guidelines.
• Thorough understanding of key exposures and portfolio pricing techniques
• Ability to sell difference between our coverage and leading competitor’s product.
• Knowledge of forms and coverages
• Ability to propose, research and implement new product development.
• Recognize variances to plan and propose corrective actions
  
  

AVP - VP, Underwriting

Experience and Education

• 10 years of experience preferably in Excess and Surplus lines
• Extensive experience in underwriting and marketing of division-related products
• Experiences and knowledge of the wholesale distributions system
• Bachelor’s degree or equivalent work experience
  
  

Manager, Underwriting

Experience And Education

• Bachelor’s Degree preferred
• Minimum of eight years of experience in commercial underwriting required
• Minimum of five years of experience in excess and surplus product lines preferred
• Minimum of two years of experience managing employees preferred
  
  

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