Director, Product & Underwriting, Financial Institutions
Job
OREGON EMPLOYMENT DEPARTMENT
Salem, MA (In Person)
Part-Time
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Job Description
Job Listing ID:
4474606Job Title:
Director, Product & Underwriting, Financial Institutions Application Deadline:
Open Until FilledJob Location:
SalemDate Posted:
04/17/2026Hours Worked Per Week:
Not Provided Shift:
Not Provided Duration of Job:
Either Full or Part Time, more than 6 months You may contact this employer directly. (Obtain the contact information to print or add to your jobs.)Job Summary:
Product Director - EM06KE We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future. The Director, Product & Underwriting, will be responsible for product management & development and portfolio underwriting of assigned product(s) and acting as "subject matter expert." Assigned products include management and professional liability products for financial institutions.Specific responsibilities include:
Review, draft and maintain the suite of policy forms and corresponding endorsement libraries within the area of expertise and assigned product responsibilities. Develop and maintain underwriting guidelines and underwriting authority. Provide internal and external training and collaborate with peers and UW community. Continuously research the competitive landscape, economic, industry, product, actuarial trends, risk assessment and financial metrics to keep products current and appropriate for industry needs (competitiveness, profitability and compliance) and provide recommendations for new product/coverage opportunities and strategies to drive profitable business and increased market penetration. Work closely with the Financial Liability Underwriting Officer, other members of the Financial Lines Product & Underwriting team, and organization stakeholders to advance pricing and portfolio segmentation for portfolio analysis and shaping. Work closely with senior leaders, including the Financial Lines Underwriting Officer, other members of the Financial Lines Product & Underwriting team, and stakeholders throughout the organization to develop and implement underwriting strategies across multiple distribution channels to achieve performance goals, and develop recommendations for improvement, as needed. Support underwriting on key business initiatives and maintain relationships throughout the organization to support multi-disciplinary problem solving and execution and input across all levels of the business. Provide thought leadership in area of expertise, including drafting white papers and first alerts, and participating on industry panels.Qualifications:
7+ years' experience in Financial Lines underwriting or product roles; focus and expertise in the financial institutions industry, including crime and financial institution bonds Superior understanding of Product Management & Product Development, inclusive of policy form development and interaction with actuaries and reinsurers Strong understanding of all aspects of underwriting execution across multiple distribution channels, digital experience preferred Ability to use data and analytics to understand and drive underwriting strategy Understanding of financial concepts Strong project management, negotiation, influencing, legal and analytical skills Ability to absorb multi-disciplinary input and translate into effective actions Superior communication skills, both oral and written Ability to collaborate to drive effective partnerships and deliver outcomes Leadership and mentoring skills Excellent verbal and written communication skills Demonstrate a talent to motivate and inspire team employees and cross functional teams Bachelor's degree strongly preferredLocation:
This role can have a Hybrid or Remote work arrangement. Candidates who live near one of our office locations will have the expectation of working in an office 3 days a week (Tuesday...Job Classification:
Financial Managers Access our statewide or regional occupation report for more information about wages, employment outlooks, skills, training programs, related occupations, and more. CompensationSalary:
Not Provided Job RequirementsExperience Required:
See Job SummaryEducation Required:
NoneMinimum Age:
N/A Gender:
N/ASimilar remote jobs
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