Vice President Underwriting

Company Details

 

 

Carolina Casualty is a member company of W. R. Berkley Corporation, an insurance holding company that is among the largest commercial lines insurance writers in the United States. We specialize in liability, physical damage, cargo and other insurance solutions for the commercial auto markets including trucking, public transportation and others. 

 

We maintain some of the lowest claim adjuster pending claim counts in the industry. Our adjusters are part of a culture that emphasizes inclusion, collaboration, innovation, and team. Our culture is one where your work is recognized and appreciated. If you want to contribute to an organization where you matter and where you can make a difference, then search no further. 

 

The company is an equal opportunity employer.

Responsibilities

The Vice President Underwriting will play a vital role in developing the strategic direction of the Company, while overseeing the daily operations and functionality of the underwriting department, managing, developing, and implementing sound underwriting and pricing practices.

 

Key Functions will include but not be limited to:

• Participate as a member of the leadership team in the development of strategy and objectives, including critical decisions affecting risk, profitability and growth.
• Responsible for the development, execution and monitoring of all underwriting plans, guidelines, policies and procedures to achieve growth, retention and profitability goals.
• Develop and delegate underwriting authority as appropriate, and monitor the quality, effectiveness, and appropriateness of the use of that authority.
• Provide effective leadership for the underwriting teams, including developing and instituting appropriate training.
• Participate in the Company’s budgeting process and responsible for the underwriting budget, and the development of alternative insurance products, policies and endorsements.
• Monitor and analyze underwriting results, working with actuarial and claims to maximize Company profitability and change underwriting direction as appropriate.
• Assist in managing distribution and in designing and executing the Company’s marketing plan, as well as analyzing agency performance and assisting in appointment and termination decisions.
• Work with the distribution to market casualty insurance products and target and cultivate relationships with current and new production sources.
• Assist in the assessment and implementation of initiatives to improve efficiency and profitability.
• Perform other duties and projects as assigned.
• Maintain strict confidentiality of all aspects of position. 

 

Qualifications

• Bachelors Degree
• CPCU Designation Preferred
• 10+ years of related commercial auto (trucking preferred) underwriting experience
• 5+ years underwriting management experience
• Expert understanding of casualty insurance market and trends, competitor landscape and legal and regulatory environment
• Demonstrable experience setting strategy and monitoring production and profitability on a regional and/or national level
• 25% travel required.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role

Responsibilities

The Vice President Underwriting will play a vital role in developing the strategic direction of the Company, while overseeing the daily operations and functionality of the underwriting department, managing, developing, and implementing sound underwriting and pricing practices.
 
Key Functions will include but not be limited to:
- Participate as a member of the leadership team in the development of strategy and objectives, including critical decisions affecting risk, profitability and growth.
- Responsible for the development, execution and monitoring of all underwriting plans, guidelines, policies and procedures to achieve growth, retention and profitability goals.
- Develop and delegate underwriting authority as appropriate, and monitor the quality, effectiveness, and appropriateness of the use of that authority.
- Provide effective leadership for the underwriting teams, including developing and instituting appropriate training.
- Participate in the Company’s budgeting process and responsible for the underwriting budget, and the development of alternative insurance products, policies and endorsements.
- Monitor and analyze underwriting results, working with actuarial and claims to maximize Company profitability and change underwriting direction as appropriate.
- Assist in managing distribution and in designing and executing the Company’s marketing plan, as well as analyzing agency performance and assisting in appointment and termination decisions.
- Work with the distribution to market casualty insurance products and target and cultivate relationships with current and new production sources.
- Assist in the assessment and implementation of initiatives to improve efficiency and profitability.
- Perform other duties and projects as assigned.
- Maintain strict confidentiality of all aspects of position.