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Senior VP, Undewriting

Posted 7 days agoViewed

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💎 Seniority level: Vp, 15 years

💸 Salary: 160000.0 - 175000.0 USD per year

🏢 Company: Safesite and Foresight Insurance

⏳ Experience: 15 years

Requirements:
  • Bachelor’s degree in finance, business administration, or a related field required
  • Minimum of 15 years of experience in underwriting, with at least 5 years in a leadership role.
  • Strong understanding of insurance products, market dynamics, and regulatory environment.
  • Proven ability to lead and motivate teams, drive change, and achieve business objectives.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Exceptional communication and interpersonal abilities.
Responsibilities:
  • Working along with the Chief Insurance Officer, develop and implement underwriting strategies aligned with the company's overall business objectives.
  • Provide vision and direction recommendations for the underwriting department to optimize performance and efficiency.
  • Oversee the evaluation of risk exposure for various insurance products.
  • Ensure adherence to risk management policies and regulatory requirements.
  • Lead, mentor, and develop a high-performing underwriting team.
  • Foster a culture of collaboration, accountability, and continuous improvement.
  • Implement underwriting guidelines and pricing strategies that support profitability and competitiveness.
  • Work closely with the Chief Insurance Officer to align underwriting practices with marketing, sales, and claims functions.
  • Engage with brokers, agents, and clients to build strong relationships and understand market needs.
  • Analyze underwriting performance metrics and implement strategies for improvement.
  • Prepare reports for the executive team on underwriting results and trends.
  • Leverage technology and data analytics to enhance underwriting processes and decision-making.
  • Stay updated on industry trends and innovations to maintain a competitive edge.
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