Underwriting Specialist, Management Liability, Public D&O
Zurich Insurance
Director, Underwriting
CareQuest Institute for Oral Health
full-time
Posted on:
Location: Massachusetts • 🇺🇸 United States
Visit company websiteJob Level
Lead
Tech Stack
SQL
About the role
- The Underwriting Director leads and manages a team of underwriters, overseeing the underwriting process to ensure accurate risk assessment, compliance with company policies and industry regulations, and the achievement of profitability goals.
- Oversees new business pricing, renewals, and related reporting and analysis for all products and business segments.
- Supports development and execution of strategic plans in support of department and company goals.
- Manages the pricing and financial risk to meet defined gross margin goals and membership growth objectives.
- JOB DUTIES AND RESPONSIBILITIES: Strategic Planning and Execution; Pricing and Risk Management; Team Leadership and Development; Operational Efficiency and Underwriting Data Management; Annual Filings, Underwriting Reserves, Reporting and Analysis; Relationship Management.
- Build and maintain relationships with internal departments and external partners including regulators, brokers, and customers ensuring effective communication and collaboration. (From requisition description)
- Work closely with Directors of Sales, and Director of Client Experience to ensure renewal of group clients, achievement of sales goals, and overall loss ratio management.
- Collaborate with Sales, Marketing and core internal departments in support of RFP/RFI’s for prospects and existing clients.
- Represent the underwriting department at internal and external forums.
- The statements emphasize compliance, strategic planning, and cross-functional collaboration across the organization.
Requirements
- Bachelor’s Degree in Business, Mathematics, Actuary, Economics or related field with a minimum of fifteen years’ related health or dental plan underwriting experience with progressive managerial responsibilities.
- MBA, actuarial certification, or related advanced degree preferred; related industry health insurance designations a plus.
- Technical skills: Advanced proficiency in Microsoft Excel, Word, PowerPoint and Outlook required.
- Experience with SQL, BI data management tools, data mining, statistical analysis and query tools preferred.
- Ability to relate underwriting processes to the financial performance of the company through the use of internal financial reporting, renewal pricing metrics, and market feedback to optimize outcomes.
- Demonstrated ability to manage staff to execute multiple financial, growth and strategic goals.
- Demonstrated comfort level working to solve practical problems or resolve business issues.
- Demonstrated success in creating new processes or solutions when external markets or competitors actions create roadblocks to our strategy.
- Ability to represent Department in management, strategy, project or client meetings when Vice President is not available.
- Proven record of team building, motivating staff and goal attainment.
- The specific statements shown in each section of this description are not intended to be all-inclusive.
