Job description
Executive Director – Construction
Full Time
Remote, US
We are an energetic, team-driven, fast paced, and rapidly growing insurance brokerage seeking to celebrate success and reward results for our team members. We are looking for driven hunters with knowledge of underwriting and a passion for sales and growing their business to join our team as an Executive Director in Property Underwriting. If you know how to gain new customers, and want more freedom, autonomy, recognition, and want to be paid what you are worth, come work with us!
The Executive Director – Property is a critical member of our organization and is responsible for:
- Overall management of all Construction-based programs for growth and profitability with a heavy emphasis on Casualty-based products.
- Handles complex construction risks.
- Implementing and reviewing new and broader underwriting strategies and products in cooperation with the internal business development team.
- Working in close cooperation with the internal Program Manager(s), Compliance and Filings, Loss Control, Actuarial, Claims and other internal departments.
- Leading program underwriting audits and other meetings with program partners as required.
Ideal team member would possess the following skills:
Actuarial Fundamentals
- Ability to manage and customize data inputs and interpret pricing and exposure trends.
- Ability to understand loss trends, loss triangles, and ratemaking and to quantify risk based on experience history and forecasting methods.
Marketing and Communications
- Ability to sell and negotiate to achieve bottom line profitability for the company.
- Ability to make presentations and communicate articulately.
- Ability to base communications on strategic thinking.
- Ability to manage underwriting decisions in support of company strategy.
- Initiates appropriate actions to sustain profit on the Property Book.
- Develops pricing, coverage form, and guidelines proposals.
- Recognizes and evaluates the impact of risk transfer and various pricing mechanisms and recommends appropriate action to enhance long-term profitability.
- Deep understanding of CAT modeling.
- Offers creative solutions that contribute to achievement of Property Book goals.
- Recognizes and advocates certain expectations to underwriting standards and creates viable options.
- Assesses rate adequacy of Property Book relative to exposure.
- Interactive process of developing and satisfying existing and prospective producers/customers consistent with Citadel’s Mission.
Qualifications
- 7+ years underwriting experience.
- Strong marketing, sales, and presentation skills.
- Ability to develop strong broker relationships.
- Excellent negotiation and communication skills.
- Solid team orientation with proven ability to manage multiple priorities in a changing business environment.
- Ability to work well internally with varying levels of zone/branch management and underwriting personnel on communicating Real Estate Practice appetite/issues.
- Knowledge of underwriting concepts, practices, and procedures.
- Microsoft Word, Excel, Outlook, and Other Pricing / Modeling software.
- Ability to self-manage, organize, and prioritize work with limited direction.
- Enhanced leadership skills.
- State Licensing (where required)
- Ability to travel as needed.
Benefits
- Compensation packages that include generous new production and renewal bonuses tailored to your strengths
- Medical, dental, vision plans
- Life insurance
- Travel compensation
Job Type: Full-time
Salary: $100,000.00 - $150,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Life insurance
- Vision insurance
Schedule:
- Monday to Friday
Supplemental pay types:
- Bonus pay
Application Question(s):
- How large is your current book of business and how many customers would you be able to bring with you?
Experience:
- Underwriting: 3 years (Required)
- Sales: 2 years (Required)
License/Certification:
- State Licensing (if required) (Preferred)
Work Location: Remote
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