Director, Ocean Marine Underwriting

Universal Shield Insurance Group; Dublin (OH); On-site; USD 150,000 - 210,000; Full time

Benefits offered by this job

Health Insurance

401(k) Matching

Dental & Vision

Job summary

Universal Shield Insurance Group in Dublin, Ohio seeks a Director of Ocean Marine Underwriting. Lead the Ocean Marine and Inland Marine product suite across the US, shaping underwriting guidelines, pricing, and broker distribution. Build and guide a skilled underwriting team in collaboration with the Vice President of Special Risk.

The role emphasizes strategic growth, profitability, and strong broker partnerships, with travel as needed to support national markets and vendor relations.

Qualifications

• Senior-level underwriting experience with leadership
• Extensive Ocean Marine underwriting knowledge
• Experience building and leading an underwriting team
• Ability to develop and manage product and book of business

Responsibilities

• Develop, launch, and manage Ocean Marine and Brokerage Inland Marine offerings
• Establish GWP goals and profitability strategies
• Oversee loss ratio and underwriting profitability
• Develop guidelines, pricing strategy, and product standards
• Underwrite new and renewal Ocean Marine business
• Build and mentor a high-performing underwriting team
• Foster broker and production-partner relationships across the US
• Market products to brokers and pursue new accounts
• Monitor portfolio performance and market trends
• Support Strategic Planning and growth of Special Risk

Skills

Leadership

Underwriting expertise

Ocean Marine knowledge

Product development

Broker relationships

Strategic planning

Team building

Communication

Travel willingness

Education

Bachelor's degree

Professional designations preferred

Tools

Microsoft Office Suite

Job description

Director, Ocean Marine Underwriting

Universal Shield Insurance Group Dublin, Ohio, United States

About this position

Universal Shield Insurance Group has created a new Special Risk Underwriting Team to build out our specialty brokerage capabilities and further our success in the Specialty and Excess & Surplus Lines market. Creating and developing this product andbook of businessis where this role begins.

This roleis responsible forUSIG's Ocean Marine and Brokerage Inland Marine product offerings across the United States, including product development and management, underwriting guidelines, broker distribution relationships, and building and managing an underwriting team in collaboration with the Vice President of Special Risk.

The position will drive strategic business development, including the origination, growth, and maintenance of the Ocean Marine and Inland Marine product offerings. This role will also play an integral part in strategic planning and the profitable growth and overall performance of the division through sound technical underwriting and effective product management.

Key Responsibilities:

• Develop, launch, and actively manage USIG's Ocean Marine and Brokerage Inland Marine product offerings.
• Establish and manage Gross Written Premium (GWP) goals and execute strategies to achieve profitable growth.
• Manage loss ratio and overall underwriting profitability to achieve established financial and performance objectives.
• Develop, implement, and maintain underwriting guidelines, appetite, pricing strategy, and product standards.
• Underwrite new and renewal Ocean Marine and Inland Marine business using sound technical and profitable underwriting practices.
• Build, manage, mentor, and develop a high-performing underwriting team.
• Develop and maintain strong relationships with brokers and other production partners across the United States.
• Market USIG's Ocean Marine and Inland Marine products to existing and prospective broker partners.
• Proactively identify and pursue new account opportunities while managing and retaining existing renewal business.
• Monitor portfolio performance, market conditions, competitive trends, and emerging risks and adjust underwriting and product strategies as appropriate.
• Participate in the Strategic Planning Process and contribute to the development and achievement of short- and long-term business goals.
• Collaborate with the Vice President of Special Risk and other internal stakeholders to support the continued development and growth of the Special Risk division.

Job Requirements:

• Ability to effectively lead, coach, mentor, and develop an underwriting team.
• Senior-level technical underwriting ability and strong business management acumen.
• Extensive knowledge of Ocean Marine underwriting principles, practices, procedures, and market conditions.
• Strong product development and product management capabilities.
• Ability to manage a book of business with a focus on GWP growth, loss ratio, and overall profitability.
• Strong marketing and relationship-building skills with the ability to develop and maintain productive broker relationships.
• Excellent analytical and problem-solving skills with the ability to manage multiple projects and priorities.
• Ability to effectively navigate ambiguous situations and complex business issues.
• Creativity in resolving unique and challenging business problems.
• Ability to achieve results by taking a proactive, long-term view of business goals and objectives.
• Strong communication and collaboration skills with the ability to work effectively with internal and external business partners.
• Knowledge of Microsoft Office Suite and other business-related software.
• A minimum of 10 years of Ocean Marine underwriting experience, including experience in a management or leadership capacity.
• Demonstrated experience developing and managing an underwriting product or book of business.
• Proven experience building, managing, and developing an underwriting team.
• Demonstrated ability to underwrite and market Ocean Marine business.
• Experience managing GWP, loss ratio, profitability, and growth objectives.
• College degree or equivalent work experience. Professional designations preferred.
• Ability to travel as needed.

Universal Shield Insurance Group offers a competitive benefits package that supports employees’ health, wellness, financial well-being, and work-life balance. Benefits include medical coverage with company-contributed HSA, dental and vision insurance, company-matched 401(k), and optional voluntary benefits.