Small Business Underwriting Consultant
Westfield Health
full-time
Posted on:
Location: Ohio • 🇺🇸 United States
Visit company websiteJob Level
SeniorLead
About the role
- Support profitable growth by identifying opportunities and obstacles and shaping underwriting appetite, guidelines, and pricing strategies through collaboration with Product, Sales, Claims, Legal, Compliance, Risk Control, and others.
- Serve as a Small Business underwriting expert, reviewing and approving underwriting decisions and providing referral support for complex risks.
- Ensure underwriters' decisions are consistent with established authority levels and support sound, profitable underwriting outcomes.
- Establish clear policies, deliver market intelligence, provide training, and offer subject matter expertise to foster a disciplined underwriting culture.
- Provide clear, actionable underwriting guidelines that enable development and maintenance of automated underwriting rules.
- Ensure pricing strategies reflect individual risk characteristics and portfolio objectives by leveraging data-driven insights and collaborating with actuarial and analytics teams.
- Implement and monitor performance objectives aligned with strategic goals to support strong underwriting outcomes and accountability.
- Support large account execution by offering risk and market insights and contributing to large loss and large line meetings.
- Participate in claims reviews to identify loss drivers and emerging market trends and inform underwriting appetite and guidelines.
- Develop and maintain relationships with reinsurers and secure facultative reinsurance as needed.
Requirements
- 8+ years of multi-line Commercial Underwriting experience.
- Bachelor's degree in a related field and/or commensurate work experience.
- Professional designations such as Associate in Commercial Underwriting (AU) or Chartered Property Casualty Underwriter (CPCU) preferred.
- Consulting experience.
- Commercial Lines, specifically Small Business Underwriting expertise.
- Data Analysis and Reporting skills.
- Insurance Regulatory Compliance knowledge.
- Property and Casualty Insurance experience.
- Risk Management knowledge.
- Underwriting Strategy experience.
- Collaboration and influencing skills.
- Analytical thinking and problem solving.
- Change management experience.