What are the responsibilities and job description for the Vice President of Underwriting position at The Jacobson Group?
Job Description
Job Description
Job Description :
A medical professional liability insurance company is seeking a Vice President of Underwriting to provide the leadership necessary to ensure the overall operation of the underwriting department. The Vice President is responsible for promoting a desired book of business by recommending and maintaining appropriate underwriting standards, managing client and broker relationships, and providing technical support to attract and retain business. This individual will also ensure the organization achieves its strategic direction and is responsible for goal-setting, planning, problem-solving, leading, and fostering interdepartmental communication and collaboration. This role is onsite in Arizona. The client will assist with relocation.
Responsibilities :
- Act as a strategic partner on the leadership team and collaborate with team members to develop strategic plans for the organization.
- Work with leadership team members to execute tactical plans aligned with strategic objectives, budgets and timelines.
- Ensure key execution targets are met and lead teams to develop sophisticated solutions to challenges along the way.
- Make recommendations and / or report to the board and board committees on various matters, including underwriting decisions, rate analyses and business development.
- Work closely with the Chief Executive Officer and Chief Operating Officer to define underwriting strategy and recommend business plans that will generate profitable, sustainable business in current and future markets.
- Develop and manage underwriting revenue and expense budgets.
- Identify, design and implement processes to improve policyholder satisfaction, quality, efficiency and productivity.
- Work closely with IT to ensure operating systems are effective and efficient.
- Spearhead system improvement initiatives for underwriting and customer service, and influence billing system initiatives.
- Act as company representative for state regulators and rating agencies, responsible for rate, rule and form filings with regulators.
- Review and negotiate contracts, including broker agreements and considerations, ensuring compliance with terms and conditions.
- Monitor and analyze competitor landscape, market trends and regulatory changes.
- Proactively develop and implement underwriting strategies accordingly.
Requirements :
Contact : Erin Gamez
eshaughnessy@jacobsononline.com
