Vice President of Underwriting

Carolina Casualty (a Berkley Company); North Royalton (OH); Hybrid; USD 120,000 - 160,000; Full time

Job summary

Carolina Casualty (a Berkley Company) is seeking a Vice President Underwriting in North Royalton, Ohio. This role involves developing strategic direction for underwriting, managing daily operations, and providing leadership to teams. Candidates should have over 10 years of commercial auto underwriting experience and a CPCU designation is preferred. Leadership in developing insurance products and policies is crucial, with options for remote work. Join us to drive growth and profitability in a dynamic environment.

Qualifications

• 10+ years of related commercial auto (trucking preferred) underwriting experience.
• 5+ years underwriting management experience.
• Expert understanding of casualty insurance market and trends.

Responsibilities

• Develop strategy and oversee underwriting department operations.
• Execute and monitor underwriting plans and policies.
• Provide leadership and training for underwriting teams.

Skills

CPCU Designation Preferred

10+ years of commercial auto underwriting experience

5+ years underwriting management experience

Expert understanding of casualty insurance market

Experience setting strategy

Job description

Overview

Vice President Underwriting will play a vital role in developing the strategic direction of the Company, while overseeing the daily operations and functionality of the underwriting department, managing, developing, and implementing sound underwriting and pricing practices.

Key Functions will include, but not be limited to:

• Participate as a member of the leadership team in the development of strategy and objectives, including critical decisions affecting risk, profitability and growth.
• Responsible for the development, execution and monitoring of all underwriting plans, guidelines, policies and procedures to achieve growth, retention and profitability goals.
• Develop and delegate underwriting authority as appropriate, and monitor the quality, effectiveness, and appropriateness of the use of that authority.
• Provide effective leadership for the underwriting teams, including developing and instituting appropriate training.
• Participate in the Company’s budgeting process and responsible for the underwriting budget, and the development of alternative insurance products, policies and endorsements.
• Monitor and analyze underwriting results, working with actuarial and claims to maximize Company profitability and change underwriting direction as appropriate.
• Assist in managing distribution and in designing and executing the Company’s marketing plan, as well as analyzing agency performance and assisting in appointment and termination decisions.
• Work with the distribution to market casualty insurance products and target and cultivate relationships with current and new production sources.
• Assist in the assessment and implementation of initiatives to improve efficiency and profitability.
• Perform other duties and projects as assigned.
• Maintain strict confidentiality of all aspects of position.

This role is preferably based in Ohio; however, remote candidates are also welcome to apply.

Qualifications

• CPCU Designation Preferred
• 10+ years of related commercial auto (trucking preferred) underwriting experience
• 5+ years underwriting management experience
• Expert understanding of casualty insurance market and trends, competitor landscape and legal and regulatory environment
• Demonstrable experience setting strategy and monitoring production and profitability on a regional and/or national level