Job Description
Job Title: Director - West Coast Inland Marine Hull & Liabilities Underwriter
Job Summary
The Director of West Coast Inland Marine Hull & Liabilities Underwriting will oversee and direct all aspects of the underwriting process within a specialized product line. This leadership role involves the development and execution of a marketing plan, managing and developing underwriting staff, and performing risk analysis. The Director will ensure accurate evaluation, acceptance, declination, rating, quoting, and binding of new and renewal submissions, with a focus on achieving business goals.
Responsibilities
- Lead and manage all underwriting activities within the Inland Marine Hull & Liabilities product line.
- Develop and execute a strategic marketing plan to attract new brokers and clients, while attending relevant industry events and meetings.
- Supervise, train, and mentor underwriting staff, fostering professional growth and improved team performance.
- Conduct risk analysis to monitor and assess risk levels for all commercial accounts.
- Evaluate, accept, decline, rate, quote, and bind new submissions and renewals in line with company policies and market conditions.
- Participate in and lead special projects as required to improve departmental processes and underwriting efficiency.
- Provide regular reports and updates to senior management on underwriting matters and team performance.
Qualifications/Requirements
- Bachelor’s degree in business, insurance, or a related field required; advanced degree preferred.
- 8+ years of underwriting experience in Inland Marine Hull & Liabilities or related insurance fields.
- Proven ability to manage a team, with experience in training, coaching, and developing staff.
- Strong analytical skills with experience using software to process and analyze large data sets.
- Excellent communication skills to present findings and recommendations to senior management.
- Strategic thinking ability to enhance underwriting functions and improve operational efficiency.
Compensation Package
- Salary: $175K - $250K per year (based on experience).
- Bonus structure: Performance-based bonus opportunities.
- Profit-sharing: Up to 15% based on company performance.
- Competitive benefits package, paid time off, professional development opportunities, etc.
Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.
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