Senior Underwriting Consultant/Product Lead Misc E&O (Hybrid or Remote)
About The Position
Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community. Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It’s our promise to you. Who we are At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team. The opportunity We currently have an opportunity for a Senior Underwriting Consultant/Product Lead to join our Management Liability team based in our Chicago, IL, New York, NY or Alpharetta, GA offices or remotely nationwide. This is an individual contributor role that assists in the development and execution of strategic initiatives that contribute to the growth and profitability for a line of business. Key advisor to Senior Management, leader or participant on projects, and high-level referral point for a particular line of business. Manages all components of development, growth and profitability for book of business in assigned territory. Focused on new business production, renewals and large account management. Underwrites and manages a book of business of highly complex accounts within highest line of business authority levels of new and some renewal business.
Requirements
- Bachelor’s degree or equivalent experience.
- Minimum of 10 years of Misc E&O experience.
Nice To Haves
- Professional insurance designation is preferred (AICPCU, RPLU).
Responsibilities
- Maximizes opportunities for profitable new business, as appropriate based on market conditions, by leveraging business relationships, product knowledge and underwriting acumen.
- Develops and maintains an active target account list tracking prospects and account rounding and/or missed opportunities.
- Manages financial performance of all assigned products in assigned territory.
- Underwrites a complex book of business.
- Manages underwriting quality and book management.
- Executes underwriting strategy, including portfolio management, self-audits new and renewal business and well documented approvals of underwriting edits.
- Ensures compliance with standards and assigned underwriting authorities.
- Regularly travels to key producers/accounts and remains highly visible in the marketplace.
- Anticipates the needs of the agency plant, analyzes trends, and implements proactive strategies that best position the business.
- Communicates the company’s underwriting appetite and generates qualified business in support of that appetite.
- Monitors agency action plans and participates in agency planning and marketing meetings with other staff.
- Assists with the implementation and execution of underwriting audits.
- Responds to Field Underwriters on individual risks or program analysis with recommendations and/or approvals.
- Responds to requests for assistance or consultation from other company businesses or Home Office staff and may participate on related project task forces and committees as a subject matter expert.
- Develops and leads training initiatives as needed.
- Integrates line of business actions and priorities with overall company or business unit strategies.
- Influences the direction of underwriting appetite, production and pricing by assisting with line of business planning process as needed.
- Identifies and communicates needs and opportunities for product refinement and/or development to Sr. Management.
- May assist with the creation of pertinent underwriting guidelines, product and system modifications, and coverage forms.
- May be recognized as a subject matter expert for a particular segment or line of business.
- Leads and/or participates in various projects in support of the line of business related to operations, processing and IT.
- Participates in industry events as a subject matter expert and representative of the company.
- Mentors and coaches less experienced underwriters.
- Develops and leads technical training and provides guidance to others as needed.
Benefits
- Comprehensive medical, dental and vision insurance with no waiting period
- Competitive paid time off programs
- 401(k) savings and annual contributions of up to 12% of annual salary
- Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits
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What This Job Offers
Job Type
Full-time
Career Level
Senior
