Assistant Vice President, Underwriting - D&O

Overview

***Multiple Locations and/or Remote available

Skyward Specialty is a property and casualty insurance holding company formed in 2007. Based in Houston, Texas, and with staff throughout the country, Skyward Specialty provides admitted and non-admitted solutions to retail and wholesale distributors, managing general agents and captive markets. We have built highly respected businesses in specialty lines including management professional liability, medical stop loss, surety, E&S property and liability, and large commercial property, as well as multi-line solutions for the energy, trucking and construction industries.

At Skyward Specialty, we approach this business differently. In fact, we’re different from most others in our industry in just about every way. We have the spirit of a start-up with the security of nearly $1 billion in Written Premium. We put immense brain power and energy into finding greater insights to uncover better opportunities for our clients, partners, and people. We think at a higher level, so they can succeed at a higher level.

Skyward Specialty is a privately owned company with Total Assets exceeding $2.1B and Shareholders' equity of $425 million at December 31, 2021.

We are committed to a Diverse Workforce

Skyward Specialty is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, nativity, neurodiversity, genetics, disability, age, or veteran status. For more information about us please visit www.skywardinsurance.com

Responsibilities

Responsible for underwriting complex new/renewal business accounts at a profitable level and managing the relationships involved to ensure the alignment with overall company goals. Fully knowledgeable on all aspects of Management Liability risk evaluation for in force and new business underwriting and implementation.   

Essential Duties and Responsibilities:

• Responsible for determining acceptability of insurance risks and appropriate premium rates for Management Liability new business & renewals in accordance with underwriting guidelines and authority limits.   
• Relies on extensive experience and judgment to develop pricing, negotiate terms & conditions, and accomplish goals. 
• Independently provides detailed explanations to sales regarding conditions and requirements of quotes, rating decisions and underwriting guidelines.    
• Analyzes Management Liability claims experience; combines with underwriting guidelines & strategy in accordance with credibility factors to determine appropriate rate levels for new business and renewal accounts using thorough judgement and thought process.
• Develops and communicates new business and/or renewal rate recommendations and decisions in accordance with level of underwriting authority.
• Processes sold accounts and/or confirmed renewals following established procedures.
• Manages new business and/or renewal accounts to balance profitability and growth.
• Monitors performance of assigned book of business and initiates actions to improve performance when needed.
• Develops and maintains relationships with clients, producers, and sales representatives to support Company’s production goals and persistency.
• Provides competitive feedback on rates, products, pricing and marketing strategies.
• Makes presentations to peers, producers, and leadership as necessary.
• Performs lead underwriter functions for all underwriters including providing assistance and training development as needed.
• Provides recommendations on complex cases for lower level underwriters. 
• Collaborates with the Director & Vice President on special projects.
• Additional duties as assigned

Qualifications

Education / Experience:

• 10 years of related Management Liability (D&O, EPL, Fid, & Crime) underwriting experience.
• Bachelor's degree highly preferred.

Specialized Knowledge/Beneficial Skills and Experience:

• Professional certifications (RPLU, MLIS, etc) beneficial.
• Proficient with Management Liability industry concepts, practices and procedures.
• Proficient in Microsoft Office Suite (Outlook, Word, Excel).
• Excellent written & verbal communication as well as presentation skills.
• Strong analytical skills and the ability to pay attention to details.
• Ability to work independently as well as within a team environment.

#LI-Remote

Salary : $1 - $2