Assistant Vice President, Underwriting Operations – Workers' Comp
Encova Insurance
full-time
Posted on:
Location Type: Hybrid
Location: Iowa • Maryland • United States
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Job Level
About the role
- Lead and manage direct reports in development and implementation of technical underwriting and product subject matter expertise to underwriting teams and other disciplines to support business plan objectives
- Lead collaboration with senior management on larger, more complex accounts requiring special expertise
- Lead enterprise development projects – including business requirements and timelines – that impact coverage, pricing, rating, systems logic, automation, and best practices
- Lead the development of pricing strategies from individual risk to portfolio levels using models and methodologies to support a profitable and competitive pricing approach to the market
- Lead enterprise gathering and analysis of competitor product, service and pricing intelligence (external) and product and service trends/results (internal) and recommend new and revised products, processes and systems
Requirements
- A Bachelor’s degree from an accredited four-year college or university required
- Master’s degree in management preferred
- A minimum of 10 years of experience with a property/casualty insurance carrier handling commercial lines products such as package lines and/or workers’ compensation products is required
- Three plus years management experience preferred
- Experience with project management preferred
- Professional insurance designations relevant to area of expertise desired
- Core proficiency in leading an underwriting, product development, or operations team tasked with responsibility for developing and managing a profitable book of business on a regional or national scale
- Knowledge of policy and procedures regarding underwriting administration, risk administration and classification, insurance and risk management, accounting or business administration, premium audit or underwriting and loss control
- Knowledge of cost rating plans and related pricing methods and procedures, and ability to use this information to determine and calculate business exposures, classifications, experience or other rating plan modifications
Benefits
- Health, Dental & Vision Insurance
- Company-provided life and income protection plans
- Eligibility to participate in a company incentive bonus program
- 401(k) Retirement Plan - 100% company match up to 7% on annual salary
- Paid Time Off, Paid Holidays, and Floating Holidays
- Flexible Work Arrangements - Hybrid and remote depending on the role
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
technical underwritingpricing strategiesrisk managementproject managementdata analysisbusiness requirementssystems logicautomationcost rating plansinsurance classification
Soft Skills
leadershipcollaborationcommunicationmanagementstrategic thinkingproblem-solvinginterpersonal skillsorganizational skillsanalytical skillsdecision-making
Certifications
professional insurance designations