Selective Insurance Company of America

VP, Brokerage Underwriting

US-AZ-Scottsdale
Experience (Years)
10
Category
Underwriting
Status
Full-Time Regular
FLSA Status
Exempt/Salaried
Job ID
5508
Travel %
0-5%
Auto Reimbursement
No

Overview

We have an exciting opportunity available with our E&S organization for a VP of Brokerage Underwriting.  In this role, you will manage company underwriting policies, practices, procedures, and delegated authority.   You'll also be responsible for premium and expense planning, underwriting pricing reviews, and performance analysis that provide for profitability and retention of business consistent with departmental, regional, and corporate objectives.  You may also manage premium audit function.  All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

 

MUSIC is a wholly-owned excess & surplus lines subsidiary of Selective Insurance Group, Inc. that writes a wide array of property and liability insurance, on a contract binding authority basis, through a strong network of wholesale general agency partners in all fifty states. Our team of insurance specialists has extensive knowledge in writing contractors, bar & tavern, habitational, vacant property and many other small commercial business classes along with brokerage and program business in the E&S marketplace. MUSIC is headquartered in Scottsdale, Arizona and issues policies through Mesa Underwriters Specialty Insurance Company, one of eight property and casualty insurance companies owned by Selective Insurance Group, Inc. 

Responsibilities

  • Ensures department’s compliance with company’s underwriting philosophy and procedures.
  • Works with VP, Marketing to prepare premium plan budget.  Evaluates market conditions, line of business and segment profitability, retention, rate, diversification and market planning to ensure profitable growth.  Provides analysis of all premium plan budget variances.  Identifies and implements needed actions.
  • Prepares expense plan budget for department and monitors and controls department’s expenses.  Review analysis of all expense plan budget variances.  Identifies and implements needed actions.
  • Participates with senior management in annual meetings, producer council meetings and internal conferences.
  • Evaluates and gives guidance to staff on an ongoing basis as to their abilities and duties and makes personnel recommendations to insure proper and optimum use of personnel. Ensures continuous professional development of staff.  Evaluates personnel for underwriting authority and insures they are in compliance with those authority levels.
  • Maintains administrative records for management staff which includes: performance and salary reviews, attendance and various production figures within the department.
  • Works in collaboration with staff from underwriting, operations, marketing and, actuarial all pricing reviews to ensure growth and profitability. Conducts agency visits as necessary.
  • Manages and directs underwriting actions to meet specific annual goals.  Communicates results to management team and staff.  Develops strategies to assists in meeting the objectives.
  • Establishes procedures and controls to ensure accomplishment of service standards.
  • Work in collaboration with Marketing to mediate and resolves insurance department, agents and consumer complaints.

 

Qualifications

  • Requires a strong analytical and financial acumen along with superior leadership skills.  
  • College degree preferred.
  • 15+ years of recent insurer or commercial casualty and property underwriting, or agency management experience. 
  • 10+ years of supervisory/management experience.
  • CPCU, CIC designations preferred.

Selective is an Equal Employment Opportunity employer. Selective maintains a drug-free workplace.

 

 

 

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed