Property Casualty Underwriting Director jobs in New York
Property Casualty Underwriting Director directs and oversees the property/casualty insurance underwriting program for individuals and/or groups. Ensures the quality and integrity of underwriting activities and processes. Being a Property Casualty Underwriting Director develops guidelines and procedures regarding risk exposure, application renewal, acceptance, modification, and denial. Manages staff of property/casualty underwriters at the organization. Additionally, Property Casualty Underwriting Director provides assistance to underwriters on more complex applications. Has extensive knowledge of the underwriting discipline. Requires a bachelor's degree. Typically requires certification as a Chartered Property Casualty Underwriter (CPCU). Typically reports to top management. The Property Casualty Underwriting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Property Casualty Underwriting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Recently Added Property Casualty Underwriting Director jobs
AVP, Underwriting - National Accounts Property (Risk Management)
- Continental Casualty Company
-
New York, NY
FULL_TIME
- You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. Officer position responsible for providing overall underwriting direction and execution for National Accounts Property Risk Management business in the Northeast region. Leads a team of underwriters and ensures effective management to drive underwriting excellence and implementation of strategic objectives and policies for large property business unit, in accordance with the company’s strategic plans. The National Accounts Property (NAP) business unit offers policy holder’s solutions for large national and global businesses with unique, complex risk profiles to provide customized risk management and insurance solutions via retail and wholesale distribution channels. Our underwriting departments are specialized based on program structure type (ground up vs. shared and layered) and distribution channel (retail vs. wholesale). NAP consists of four sub-business units: • Structured Risk – Ground Up and Large Quota Share Placements • Risk Management – Retail Broker driven Shared & Layered Placements • E&S Select Risk – Wholesale Broker driven Shared & Layered Placements • Equipment Breakdown JOB DESCRIPTION: Essential Duties & Responsibilities Performs a combination of duties in accordance with departmental guidelines: Implements strategic objectives, underwriting strategies, operational plans and best practices with substantial impact on the short-term success of a product line or segment. Ensures the achievement of continued profitability, growth and/or operational efficiencies for large property business through assessment of risk tolerance, market appetite and emerging risk issues. Effectively manages a team with diverse levels of experience with a strong focus on retaining and providing continuously learning and growth opportunities for those individuals Can attract top talent as the need arises Leads, directs and has full management accountability for staff in area of responsibility with an emphasis on talent management and succession planning in accordance with strategic direction. Manages performance, execution of underwriting strategies and guidelines and external visibility. Evaluates underwriting performance based on financial analysis. Includes rate, reserve adequacy, operational, planning and product reviews. Provides results to members of the underwriting management team and develops plans to resolve issues. Monitors the usage and profitability of alternative pricing programs. Drives adherence to underwriting authority delegation, audit criteria and catastrophe management for large property. Collaborates with CNA field and business unit leaders across the company to promote one CNA with key distribution partners and cross-sell opportunities. Maintains relationships with brokers, agents and customers to assess risk tolerance, market appetite and emerging issues. Collaborates with business partners in Risk Control, Actuarial, Claim, Operations and Compliance to address governance and compliance issues related to underwriting practices. Provides guidance and direction in the development of underwriting and training tools in partnership with Global Property Organization. May take lead responsibility for the development of underwriting strategies and position papers for emerging issues when assigned. May perform additional duties as assigned. Reporting Relationship Vice President and Head of Risk Management Skills, Knowledge & Abilities Knowledge of critical catastrophic loss with international exposure on large and complex deals generally greater than $1B in TIV. Understanding of working through broker manuscript forms or other company forms in addition to experience on globally fronted deals as a reinsurer. Experience working with Actuary, ERM, Claims, CAT modeling, CededRe, etc. in order to effectively book manage in addition to compiling reports and analysis of large amounts of information. Remains informed on key issues and nuances of the commercial property insurance market at a macro level and be able to communicate that with our brokers, clients and more junior underwriters. Leadership and management skills demonstrating a high level of integrity and professionalism with experience leading underwriter at varying levels of experience. Strong broker relationships in the Northeast with senior property leadership contacts at all the large and mid-tier brokers. Excellent written and verbal communication skills internally but also externally with brokers, client meetings and industry events. Knowledge of Microsoft Office Suite with an emphasis on Excel in addition to other business related platforms. Education & Experience Bachelor’s degree with Master’s preferred in a related discipline, or equivalent. Typically a minimum of 10 years of related work experience, with five years management experience. Experience underwriting and leading a team of underwriters in the shared and layered and quote shared space. Experience evaluating risks vis a vis potential to purchase facultative reinsurance on a direct and broker basis Experience working in a highly collaborative environment #LI-AN1 #LI-hybrid In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In California, Colorado, Connecticut, New York and Washington, the national base pay range for this job level is $143,000 to $228,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com. CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com At CNA, we are focused on success, individually and collectively. We pride ourselves on promoting a culture that challenges and engages people. We strive to connect people, departments and business areas, to function as a team, and to serve our customers and communities with professionalism and respect. Our dedication to employee engagement, continuous learning and the open exchange of ideas is the cornerstone of our business. These ideals, combined with our focus on the customer, enable us to explore new market opportunities and build on our success. Our values, culture and financial strength are what differentiates us from other employers and make CNA the place you want to work. CNA is committed to fostering a diverse and inclusive culture grounded in equity that supports our organization, clients, and communities by prioritizing talent and programs that represent our current environment and empower all employees and partners to be active allies and advocates for equality. Globally, our Employee Resource Groups — Advocacy for Visible & Invisible Disabilities (AVID), Asian Professionals for Excellence (APEX), Empowering Black Professionals (EBP), Generational Perspectives (GP), Organization of Hispanics and Latine Americanos (¡OHLA!), Pride, Women Impacting Leadership (WIL) and Veterans — make CNA, and our communities, even stronger. At CNA, we have a long standing commitment to the diverse communities in which we live and work. We actively make a difference for the greater good through partnerships, sustainability, initiatives, and working together for a better tomorrow. Corporate Social Responsibility is not one person, or one department, it's the entire enterprise coming together to make the world a better place.
- 15 Days Ago
Independent Property Inspector
- Venture Underwriting LLC
-
Manhattan, NY
CONTRACTOR,FULL_TIME,PART_TIME
- Our group is seeking Insurance Inspectors who can regularly service the New York County area in NYS by devoting anywhere from 3 to 5 days per week photographing residential and commercial properties. ...
- 15 Days Ago
Underwriting Associate(Commercial Construction)
- Continental Casualty Company
-
Melville, NY
FULL_TIME
- You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something ...
- 1 Day Ago
Underwriting Consultant (Technology)
- Continental Casualty Company
-
New York, NY
FULL_TIME
- You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something ...
- 3 Days Ago
Underwriting Associate (Technology)
- Continental Casualty Company
-
New York, NY
FULL_TIME
- You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something ...
- 15 Days Ago
Underwriting Consultant (Commercial Middle Market)
- Continental Casualty Company
-
Melville, NY
FULL_TIME
- You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something ...
- 15 Days Ago
Property Casualty Underwriting Director jobs at Popular Companies
Director of Underwriting
- TTCU
-
Tulsa, OK
- Position Summary Manage the functions and employees of the Indirect, Consumer and Mortgage Underwriting departments in o...
- 6/2/2024 12:00:00 AM
Contract Surety Underwriting Director
- CNA
-
Westerville, OH
- You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive...
- 6/2/2024 12:00:00 AM
Underwriting Director, Wrap- Ups Construction
- The Hartford
-
King Of Prussia, PA
- Underwriting Director - UQ06CD We're determined to make a difference and are proud to be an insurance company that goes ...
- 6/1/2024 12:00:00 AM
Director of Underwriting
- Global Recruiters of Denver
-
- Join a dynamic team dedicated to shaping the future of underwriting in a challenging yet rewarding environment! Our Fort...
- 5/31/2024 12:00:00 AM
Director of Underwriting
- Tulsa Teachers Credit Union
-
Tulsa, OK
- Position Summary Manage the functions and employees of the Indirect, Consumer and Mortgage Underwriting departments in o...
- 5/31/2024 12:00:00 AM
Underwriting Director
- Hadron Insurance
-
- Location: Remote (Preference for NY or ATL area) About Us: Hadron Specialty Insurance Company is a US Property and Casua...
- 5/30/2024 12:00:00 AM
Director, Commercial Underwriting
- Webster Bank
-
New York, NY
- If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to...
- 5/30/2024 12:00:00 AM
Director of Underwriting - Remote
- Idaho State Job Bank
-
Boise, ID
- Director of Underwriting - Remote at Prime Therapeutics in Boise, Idaho, United States Job Description Our work matters....
- 5/29/2024 12:00:00 AM
About New York
New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States.
New York covers 54,555 square miles (141,300 km2) and ranks as the 27th largest state by size.[3] The highest elevation in New York is Mount Marcy in the Adirondacks, at 5,344 feet (1,629 meters) above sea level; while the state's lowest point is at sea level, on the Atlantic Ocean.
In contrast with New York City's urban landscape, the vast majority of the state's geographic area is dominated by meadows, forests, rivers, farms, mountains, and lakes. Most of...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Property Casualty Underwriting Director jobs
$237,165 to $363,584
Most Popular Cities in New York for Property Casualty Underwriting Director Jobs
What does a Property Casualty Underwriting Director do?
Property Casualty Underwriting Director in Boulder, CO
Traditional underwriting practices may continue to appear perfectly logical to an experienced underwriter, but newer laws and regulations are forcing changes to some of those practices as longtime underwriting practices must give way to new concepts.
January 15, 2020
Property Casualty Underwriting Director in Boise, ID
Our work invariably impacts directly on the real estate industry, from construction, environmentalism, property management, lending and related risk management areas.
December 06, 2019
Property Casualty Underwriting Director in Fresno, CA
Digital tools such as Underwriting Decision Optimizer and Front Desk Assistant are part of our end-to-end underwriting solution, based on our Genpact Cora platform.
December 15, 2019