Manager, Commercial Lines Product Management and Corporate Underwriting

Summary: Under limited supervision and with significant independent judgment, manages the staff and operation of Commercial Lines Product Management and Corporate Underwriting, collaborating with the Director to achieve business goals, by performing the following duties:

Essential Duties and Responsibilities:

Provides oversight and direction in conjunction with the Director for the Commercial Lines Product Management and Corporate Underwriting teams and directs and manages the product and underwriting functions, including profit and loss. The role includes working with the teams and Director to:

Collaborate with Profit Centers to develop the appropriate strategies, goals, and metrics for each individual line of business and segment. Measures performance against established corporate goals.
In conjunction with Profit Centers, set state strategies around LOB and Industry growth to optimize profit based on LOB, Industry and BRM reviews.
Establish underwriting authority and responsible for the execution of underwriting excellence to drive profitable growth.
Create framework for underwriting performance objectives through quality reviews.
Develop underwriting and pricing guidelines along with risk appetite and eligibility criteria based on specialized expertise. Arranges facultative reinsurance and motor carrier filings when needed.
Understand the market and competitive landscape and translates that understanding into sustainable product/service offerings in the marketplace to meet customer needs.
Ensure product and underwriting compliance with all applicable regulations including facilitating all rule, rate and form product changes, and communicating with regulatory agency representatives.
Monitor and evaluate insurance industry product development and trends. Develop and presents recommendations on product modifications or new products.
Analyze and reports to key stakeholders on product performance.
Coordinate with the actuarial function on matters such as product pricing, predictive analytics, and technical price.
Build IT business specifications based on product, pricing, underwriting, and process changes needed to improve profitability, enhance growth, stay current with ISO and Compliance changes, and lead to greater consistency and efficiency.
Assist in developing marketing and training materials based on new product introductions and risk appetite. Develop and deliver job skills training to address skill gaps and staff needs.

Functions as the Manager of employees of a major organizational business unit including but not limited to:

Collaborating on the development and communication of vision, along with strategic and operational plans.
Organizing and managing resources to achieve business results. Trains, coaches and leads staff.
Oversees and conducts performance management, including performance planning, performance appraisal, and development of subordinates.
Recommends and implements employment actions, including employment/termination, corrective action, promotions/demotions, salary changes, etc.

Serves as a member of the company’s management team, representing the Commercial Lines Product Management and Underwriting function in various planning and operational activities, including:

Providing input into functional strategic and operational plans, including product design and development and agency commission structures.
As requested, participates on the Corporate Planning Team, contributing to the development of company strategic and operational plans.
May serve as a Business or Technical Sponsor on one or more corporate projects.

Performs other duties as assigned.

Education/Experience:
Master’s degree (M.A.) or equivalent; or six to ten years related experience and/or training; or equivalent combination of education and experience.

Certificates, Designations and Licenses:
CPCU preferred