VP, Underwriting - Specialty and Commercial
Primary Details
- Time Type: Full time
- Worker Type: Employee
Accountable for building and leveraging existing broker relationships to win and retain business. Responsible for applying technical expertise based on best practice and industry standards. Contribute to the achievement of business results that enable organizational growth through consistent application of processes, ensuring appropriate risk selection and pricing. Maintain knowledge base around full spectrum of products and provide input on the introduction of potential new products. Will be responsible for product(s) within a line of business, such as Accident and Health, Aviation, Retail P&C, Wholesale P&C, Financial Lines, and Transactional Liability.
The Opportunity
The Specialty Casualty Team is currently hiring an experienced excess & surplus (E&S) Lines underwriter with established wholesale broker relationships in the Southeastern region of the United States. This is an exciting opportunity to join a newly formed team with exceptional reputations in the industry and to influence the buildout of Specialty Casualty.
Primary Responsibilities
- Underwrite and grow profitable E&S book of primary general liability, lead umbrella and excess casualty business focusing on general casualty, products liability, construction, and transportation.
- Build and develop wholesale broker relationships in the Southeastern region through visibility, superior service, and product expertise.
- Demonstrate disciplined underwriting through risk selection, exposure evaluation, and pricing.
- Apply understanding of industry trends, loss trends, and market dynamics to underwriting.
- Negotiate pricing, terms & conditions, and deal structure with brokers.
- Maintain files with detailed documentation supporting all underwriting decisions and compliance with guidelines.
- Operate with broad appetite and high levels of authority using pricing tools, underwriting resources, and team collaboration.
- Maintain knowledge base around full spectrum of products and provide input on the introduction of potential new products.
Required Education
- Bachelor's Degree or equivalent combination of education and work experience
Required Experience
- 10+ years relevant experience
Preferred Competencies/Skills
- Minimum of 10 years' experience underwriting excess & surplus casualty - both primary and excess
- Experience with general casualty, products, transportation, and construction classes of business
- Existing casualty wholesale broker relationships in the Southeastern region
- Proven ability to create and maintain relationships internally and externally
- Deep knowledge of casualty coverages/forms
- Ability to quickly evaluate and prioritize large volume of submissions efficiently and consistently
- Working knowledge of market competition, insurance principles, trends, best practices
- Ability to collaborate with people at different levels within the global organization to accomplish a common goal
- Understand the needs and goals of a customer and actively look for ways to meet them
- Effectively and efficiently present logic, reasoning, and analysis to others
- Ability to thrive in dynamic environment through resourcefulness, flexibility, and leadership
- Effectively communicate with all internal and external stakeholders
Preferred Experience
- Minimum of 10 years' experience underwriting excess & surplus casualty - both primary and excess
- Experience with general casualty, products, transportation and construction classes of business
- Existing casualty wholesale relationships in the Southeastern region
Preferred Knowledge
- Strong working knowledge of products and insurance operations
- Strong working knowledge of Microsoft Office Suite
- Strong working knowledge of underwriting processes and procedures
- Strong working knowledge of laws and regulations related to area of responsibility
- Events affecting the industry, including understanding of competition and the marketplace for assigned line(s) of business
QBE Cultural DNA
We can never really predict what's around the corner, but at QBE we're asking the right questions to enable a more resilient future by helping those around us build strength and embrace change to their advantage.
We're an international insurer that's building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.
And our people will be at the center of our success. We're proud to work together, and encourage each other to enable resilience for our customers, our environment, our economies and our communities.
With more than 12,000 people working across 27 countries, we're big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.
We believe this is our moment: What if it was yours too?
Your career at QBE - let's make it happen!
US Only - Travel Frequency
- Infrequent (approximately 1-4 trips annually)
US Only - Physical Demands
General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.
US Only - Disclaimer
To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.
Job Type
Global Disclaimer
The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.
Inclusion of Diversity
At QBE, we are deeply committed to fostering an inclusive workplace where each person is valued and respected for their authentic selves. If you require any assistance, such as alternative interview accommodations during the recruitment process, please do not hesitate to inform our Talent Acquisition team.
Compensation
Base pay offered will vary depending on, but not limited to education, experience, skills, geographic location and business needs
Annual Salary Range: $178,000 - $266,000
AL, AR, AZ, CO (Remote), DE, FL, GA, IA, ID, IL (Remote), IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NV, OH, OK, OR, PA, SC, SD, TN, TX (Remote, Plano), UT, VA, VT, WI, WV and WY
Annual Salary Range: $196,000 - $293,000
CA (Remote, Fresno, Irvine and Woodland), Greenwood Village CO, CT, Chicago IL, MA, MD, NY (Remote), RI, Houston TX and WA
Annual Salary Range: $223,000 - $333,000
NJ and New York City NY
Benefit Highlights
You are more than your work - and QBE is more than a workplace, which is why QBE provides you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. Employees scheduled over 30 hours a week will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.
We also offer a competitive 401(k) contribution and a paid-time off program. In addition, our paid-family and care-giver leaves are available to support our employees and their families. Regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance.
At QBE, we understand that exceptional employee benefits go beyond mere coverage and compensation. We recognize the importance of flexibility in the work environment to promote a healthy balance, and we are committed to facilitating personal and professional integration for our employees. That's why we offer the opportunity for hybrid work arrangements. If this role necessitates a hybrid working model, candidates must be open to attending the office 8-12 days per month. This approach ensures a collaborative and supportive work environment where team members can come together to innovate and drive success.
Application Close Date: 10/10/2024 11:59 PM
How to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Helping diverse candidates find great careers is our goal. The information you provide here is secure and confidential.
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