AVP, Lead Underwriter – Management Liability – Financial Institutions

Sacramento, California
QBE Insurance
Primary Details
Time Type: Full time

Worker Type: Employee

The opportunity

This role will plan, coordinate and manage the day to day underwriting operations for the Financial Institutions team within management liability by directing team operations, mentoring professional staff of underwriters, communicating underwriting vision and objectives, developing policies and procedures that align with department goals, and communicating risk assessment best practices to align underwriting strategy with portfolio growth goals.

Primary Responsibilities
• Oversee day to day operations of underwriting team for assigned line/s of business by delegating risk assessment, managing workflow, reviewing and approving recommendations and communicating correspondence best practices to ensure achievement of service standards and alignment with department growth strategy
•Optimize assigned line/s of business portfolio growth by reviewing, classifying, evaluating and rating complex business, communicating high-risk exposures to senior leaders, guiding team on effective risk analysis strategies and providing feedback on recommendations to ensure team achieves department profitability objectives
•Build relationships and facilitate projects by sharing expertise with peers, guiding product review/launch process, leading staff training, resolving escalated issues and monitoring impact of change to ensure department initiatives enhance the business
•Lead profitability and process/automation improvement initiatives by informing senior leaders on innovative underwriting best practices, guiding the development and implementation of strategic plans and training programs and tracking team performance within assigned territory to identify gaps and promote efficiencies for alignment with department objectives
•Guide key stakeholder decision-making and understanding of operations by sharing underwriting technical expertise with team, agents and regulators and clarifying complex escalated inquiries to transfer information and cultivate a strong department reputation
•Ensure adherence to organizational and regulatory requirements by leading and reviewing audits, communicating feedback to managers and influence the adoption of long-term continuous improvement initiatives
•Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility

Required Education
• Bachelor’s Degree or equivalent combination of education and work experience

Required Experience
• 7 years relevant experience

Preferred Competencies/Skills
• Assume a methodical approach to evaluate complex situations; conduct gap analysis of current state and desired future state
•Provide vision and think creatively and innovatively; implement strategies to improve efficiency
•Anticipate obstacles and challenges, identify root cause and strategize plans to address
•Organize people, tasks and activities to yield efficient work flow
•Build consensus through persuasion and influence
•Critically review, analyze, and synthesize information for reporting purposes
•Effectively present information to influence organizational leaders and key stakeholders
•Analyze risks, benefits and opportunities to ensure organizational competitiveness and satisfaction of established long-range objectives
•Foster and promote collaboration and teamwork
•Participate in continuing education related to the job
•Creativity and alternative, open thinking to generate and support new or better ways of doing things
•Communicate information in a clear, well-organized, and professional manner
•Use relevant information and individual judgment to identify need for change
•Establish a high degree of trust and credibility with others
•Provide appropriate structure, direction and feedback
•Build long-term collaborative working relationships with senior managers
•Adapt and be flexible in a complex changing environment
•Mentor others by providing guidance and encouragement
•Foster and promote collaboration and teamwork
•Utilize personal credibility to influence others

Preferred Experience
• Underwriting experience is required
•specific experience required will vary based on assigned line/s of business
•experience managing or leading others required

Preferred Licenses/Certifications
• Depending on assigned line/s of business
•specific participation and memberships are preferred and may include one or more of the following: Professional Liability Underwriting Society
•Surety & Fidelity Association of America
•American Bankers Association and Professional Liability Underwriting Society
•or RIMS

Preferred Knowledge
• Advanced working knowledge of products and insurance concepts
•Advanced working knowledge of Microsoft Office Suite
•Advanced working knowledge of underwriting processes and procedures
•Advanced working knowledge of laws and regulations related to area of responsibility

About QBE

We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future by helping those around us build strength and embrace change to their advantage.

We’re an international insurer that’s building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.

And our people will be at the center of our success. We’re proud to work together, and encourage each other to enable resilience for our customers, our environment, our economies and our communities.

With more than 12,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.

We believe this is our moment: What if it was yours too?

Your career at QBE – let’s make it happen!

US Only – Travel Frequency
• Frequent (approximately 10+ trips annually)

US Only – Physical Demands
• General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.

US Only – Disclaimer
• To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

Job Type
• Manager

Global Disclaimer
• The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee’s normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.

Compensation

Base pay offered will vary depending on, but not limited to education, experience, skills, geographic location and business needs

Annual Salary Range: $143,000 – $215,000

AL, AR, AZ, Fresno, CA, CO (Remote), DE (Remote), FL, GA, IA, ID, IL (Remote), IN, KS, KY, LA, MI, MN, MO, MS, MT, NC, ND, NE, NH, NV, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, VT, WI, WV and WY

Annual Salary Range: $157,000 – $237,000

CA (Remote, Irvine and Woodland), Greenwood Village CO, CT, Chicago IL, MA, MD, NY (Remote), RI, Houston TX and WA

Annual Salary Range: $179,000 – $269,000

San Francisco CA, NJ and New York City NY

Benefit Highlights

You are more than your work – and QBE is more than a workplace, which is why QBE provides you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. Employees scheduled over 30 hours a week will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.

We also offer a competitive 401(k) contribution and a paid-time off program. In addition, our paid-family and care-giver leaves are available to support our employees and their families. Regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance.

QBE recognizes that exemplary benefits extend beyond benefits coverage and compensation. Flexibility in your working environment is important to maintaining balance and QBE is dedicated to ensuring employees achieve personal and professional integration by providing the opportunity for hybrid work arrangements.

How to Apply:

To submit your application, click “Apply” and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.