Director of Product Development & Underwriting Operations

Essential Duties and Responsibilities:

• Grow the Company’s policy and premiums profitably
• Develop operating plans and budgets for these departments
• Develop and implement rates, forms, manuals, guidelines, for all lines of business
• Acquire and monitor the company’s  insurance policies
• Maintain a good working relationship with the insurance department
• Report to the CEO the status and projects of the department.
• Establish and monitor the underwriting budget
• Determine staffing of the department
• Evaluate performance of direct subordinates and approve evaluations complied by the department supervisors
• Experience in resolving underwriting and service issues
• Review audits of subordinates  and providing appropriate feedback and developmental plans.
• Determine training needs for the department
• Monitors and approves payroll for supervisors

• Advise senior management of any issues that relate to their department
• Review loss ration by line of business, agent and territory
• Review loss ration in determining loss assessment agents and develop and implement agency review program
• Assist in rating agency relationships
• Maintain an excellent working relationship will all managers to ensure company integrity
• Attend agent meetings, AFR’s convention, and other meetings or events as requested by the CEO
• Assist in Reinsurance Program procurement
• Maintain insurance designations, agent's license, and complete required educational updates
• Other duties may be assigned.

Job Requirements:

• Master's degree (M. A.) and ten years Underwriting experience and/or training; or equivalent combination of education and experience.
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
• Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• To perform this job successfully, an individual should have knowledge of Human Resource systems; Internet software; Payroll systems; Spreadsheet software and Word Processing software.
• Knowledge of all Personal Lines underwriting techniques, rates & policy forms
• Knowledge of Personal Lines and Auto policy systems
• Supervisory and product development experience
• Experience in pricing practices, underwriting practices, including scorecard development
• Knowledge of catastrophe management techniques related to wind, hail and earthquake

Certificates/Licenses

Two or more of the following are required for this position.

Certificate in General Insurance (Ins. 21, 22, & 23)

Associate in Underwriting (Personal or Commercial)

CPCU

CRM Designation

CIC Designation

CISR Designation

P&C Agent License

Work Environment:
 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to sit; use hands and finger to feel and handle; talk and hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. The noise level in the work environment is usually moderate.