Director of Underwriting Position Available In Duval, Florida

Job Title:

Director of Underwriting Job Description The Integris Assurance Company (IAC) Director of Underwriting is a leader and conduit to the Chief Underwriting Officer (CUO). The IAC Director of Underwriting oversees the IAC Underwriting Team and its book of business, directing the team in alignment with the Company’s strategies and processes. The Director is responsible for following and guiding the Underwriting Team with the strategy and guidelines that have been set, as part of the Company’s strategies and goals. As the gatekeeper for IAC, following underwriting discipline and strategies, the Director plays a pivotal role in ensuring the financial health of the Company. This position partners with the IIC Director of Underwriting in fostering the same strategies and guidelines set by the Company, where applicable. The Director’s role includes partnering with the Chief Underwriting Officer in setting guidelines for underwriting practices, determining acceptable risk and premium levels, and ensuring compliance with regulatory requirements. The Director must stay abreast of regional industry trends and regulatory changes in licensed states to adapt policies accordingly. The Director will be a clear and transparent communicator who works collaboratively to build consensus. The Director will be a problem-solver who seeks to understand the underlying drivers of the responsible policy portfolio. The role involves recruiting, retaining, training, and mentoring the staff to ensure they have the skills and knowledge necessary to perform their roles effectively. The position is required to foster a collaborative and high-performance culture within the UW team, promoting continuous learning, professional development, and staff succession. Reporting Relationship The Director currently reports directly to the CUO of Integris Group. The role currently has 5 direct reports. Location This Director position is located in the Jacksonville, FL office.

Responsibilities & Competencies Risk Assessment & Management:

Oversee the Underwriting Team to: o Assess risks and manage processes including charging the proper premium for each risk. o Evaluate potential risks associated with underwriting policies and ensure that these risks are adequately mitigated. o Ensure that files are properly documented with a well thought out analysis depicting the insureds exposures. o Develop and implement strategies to balance risk and reward, ensuring the company’s policy portfolio remains profitable while minimizing exposure to high-risk policies.

Underwriting Policy Development:

Develop and refine underwriting standards, processes and policies. Establish guidelines for underwriting processes and practices, determining acceptable risk levels, and ensuring compliance with regulatory requirements. Coordinate with the CUO and CMO to develop Policy Application submission standards for both Direct (Integris RSE) and agent/broker submissions. Stay abreast of MPL industry trends and state regulatory changes to adapt policies accordingly.

Technological Integration:

Leverage technology to enhance underwriting processes including adopting advanced underwriting software (ISI Policy Administration), data analytics tools, and artificial intelligence to improve risk assessment accuracy and efficiency. Collaborate with the Directory of Policyholder Services to organize processes and understand department policy production standards internally and externally to the ISI Policy Administration module. Create efficiencies and effectiveness for policy distribution and premium payment administration for our policyholders. Utilize data insights and metrics to inform underwriting decisions and strategy. Capitalize on the utilization of Preverity and like analytical tools. Strategic Planning (in conjunction with the CUO): Conduct market analysis to identify emerging trends, opportunities, and threats in the insurance landscape. Analyze data on market conditions, competitor activities, and customer needs to provide supporting data for strategic decision-making. Foster top-line growth and expansion opportunities in the dual distribution network. Coordinate on expansion of the current agent/broker base, particularly in states or territories of diminished or low market share presence. Foster innovation & product development by working closely with other departments that meet market demands and create competitive differentiation. Identify gaps in the current product offerings and develop solutions that address these gaps while aligning with the company’s risk appetite.

Financial Oversight:

Monitor the profitability of the IAC underwriting portfolio, in coordination with actuarial resources, by analyzing territorial or medical specialty financial performance data, such as loss ratios and expense ratios, to identify areas for remediation. In conjunction with the Chief Underwriting Officer, manage the underwriting department’s budget by allocating resources effectively to support underwriting activities, including investments in technology, training, and personnel.

Regulatory Compliance:

Ensure compliance with regulatory requirements by staying informed about relevant laws and regulations. Implement policies and procedures to ensure the company’s underwriting practices comply with the various Integris carrier’s state (and any Federal) regulations. Ensure that all policy documentation is up-to-date and accurately reflects the company’s underwriting practices.

Leadership:

Inspire and guide the Underwriting Team, foster a collaborative work environment, and ensure that the team operates efficiently and effectively. Manage change is critical. Be adept at leading the Underwriting Team through transitions, whether involving new technologies, market shifts, or regulatory changes. This includes managing resistance to change and ensuring smooth implementation of new initiatives. Assess and maintain staff levels to uphold high level customers/RSE service and fuel organization growth initiatives. Qualifications and Skills Bachelor’s degree is required. Master’s degree and/or CPCU designation a plus. A minimum of 10 years’ experience in leading a team of casualty underwriters for a PC carrier. At least 5 years of experience specific to Medical Professional Liability (MPL), underwriting preferred. Florida 2-20 General Lines Agent License plus property & casualty licenses in other states as required by the Company. Strong leadership skills that include creating and executing on annual strategic initiatives and developing your team. Knowledge and experience with state regulatory filing requirements. Ability to form effective and trusting relationships while assessing and meeting the needs of key stakeholders. Ability to articulate views, attain group thought leadership, analyze data for insights, weigh alternatives, own the final decision, and communicate decisions clearly. Ability to proactively assess processes/workflows, make recommendations and implement changes for operating and cost efficiencies. Proficiency in Microsoft Office software including Excel, PowerPoint, Word. High-level organizational skills to coordinate work to meet strict deadlines. Strong communication skills and the ability to demonstrate and maintain confidentiality.