Chief Underwriting Officer

CWA Recruiting; New York (NY); Sur place; USD 180 000 - 260 000; Plein temps

Résumé du poste

CWA Recruiting in New York is seeking a Commercial Auto and Liability Underwriting Leader to shape and drive the underwriting strategy for an expanding portfolio. You will supervise guidelines and standards for risk selection, assess new business and renewals, and align pricing, terms, and conditions with profitability goals.

You will collaborate with claims, actuarial, finance, risk management, and executive teams to monitor losses and performance, recognize emerging risks, and implement

Qualifications

• Over ten years of experience in commercial property & casualty underwriting.
• Extensive experience dealing with complex or specialty risks.
• Background in underwriting management or senior leadership roles.
• Strong grasp of insurance principles, risk selection, pricing, and portfolio management.
• Experience in developing or overseeing underwriting guidelines and strategies.
• Strong analytical and financial abilities, with the capacity to assess risk and profitability.
• Capability to collaborate effectively with executive leadership, brokers, claims, actuarial, and other internal teams.
• Bachelor's degree in Business, Risk Management, Insurance, Finance, or related discipline preferred.
• Professional insurance designation, such as CPCU, advantageous.

Responsabilités

• Craft and implement underwriting strategy for expansion.
• Direct underwriting guidelines, policies, procedures, and standards for risk selection.
• Assess and authorize new business and renewals based on risk, exposure, pricing, and profitability.
• Establish suitable underwriting standards and ensure consistent application across the portfolio.
• Oversee portfolio performance, including loss trends and profitability.
• Set and evaluate pricing, limits, deductibles, and terms and conditions.
• Collaborate with claims, actuarial, finance, risk management, and executive teams.
• Analyze loss ratios and underwriting outcomes, implementing necessary adjustments.

Connaissances

Underwriting leadership

Risk selection

Pricing strategy

Portfolio management

Financial analysis

Stakeholder collaboration

Executive communication

Formation

Bachelor's degree in Business, Finance, Risk Management, Insurance

Description du poste

COMMERCIAL AUTO and LIABILITY underwriting LEADER required due to EXPANSION!!! This position entails the responsibility for crafting and implementing the underwriting strategy, managing the selection of risks and pricing, and ensuring the organization retains a robust and profitable portfolio. Direct the overarching underwriting strategy and vision of the company. Supervise underwriting guidelines, policies, procedures, and standards for risk selection. Assess and authorize new business and renewals based on factors such as risk, exposure, pricing, and profitability. Establish suitable underwriting standards and confirm their consistent application throughout the portfolio. Oversee the overall portfolio performance, including loss trends and profitability. Set and evaluate pricing, limits, deductibles, and terms and conditions. Recognize emerging risks and provide recommendations to senior leadership. Collaborate closely with claims, actuarial, finance, risk management, and executive teams. Analyze loss ratios and underwriting outcomes, implementing necessary adjustments.

Requirements:

• Over ten years of experience in commercial property & casualty insurance underwriting is required.
• Extensive experience dealing with complex or specialty risks is essential.
• A background in underwriting management or senior leadership roles is necessary.
• A strong grasp of insurance principles, risk selection, pricing, and portfolio management is expected.
• Experience in developing or overseeing underwriting guidelines and strategies is required.
• Strong analytical and financial abilities, along with the capacity to assess risk and profitability, are essential.
• The capability to collaborate effectively with executive leadership, brokers, claims, actuarial, and other internal teams is required.
• A bachelor's degree in Business, Risk Management, Insurance, Finance, or a related discipline is preferred.
• A professional insurance designation, such as CPCU, is advantageous.