Leads the evaluation and underwriting of new and renewal business: Ensuring alignment with Company underwriting guidelines and risk appetite
Develops and implements advanced risk assessment models: To make informed decisions on coverage, pricing, and terms
Fosters strategic partnerships: With actuaries, agents, brokers, and clients to obtain necessary information and provide guidance
Procures and analyzes supplementary reports and screenings: Such as motor vehicle reports, loss history reports, and external inspections, to support underwriting decisions
Ensures proper documentation of underwriting decisions: And compliance with state and federal insurance regulations
Evaluates complex policy renewals and modifications: Identifying opportunities for policy enhancements and risk mitigation
Communicates underwriting strategies and decisions effectively: To internal teams, agents, and brokers
Monitors and shares insights on industry trends, regulatory changes, and market conditions
Maintains effective business relationships: With internal and external customers/coworkers, focusing on generating new business and retaining profitable business
Monitors and evaluates underwriting practices: Assisting with implementing strategic adjustments to improve overall effectiveness and outcomes
May have responsibility for performance and coaching of staff: And may have a participatory role in decisions regarding talent selection, development, and performance management for direct reports