AVP Underwriting job in Boston

Our client is actively seeking a Qualified Personal Lines Underwriting AVP (Assistant Vice President) to successfully lead a large team of underwriters and underwriting technicians to achieve the collective goals of the personal lines organization. This position will have responsibilities to build, enhance and maintain strategic relationships with independent agents to drive positive business results. Develop and provide customized approaches to opportunities based on market conditions and agency needs. Provide expert oversight of and responsibility for the growth, profit, profile, retention and business written by the department. Lines of business include auto, home, dwelling fire and personal umbrella liability.

We will consider candidates that may be in a Sales/Marketing leadership role who has underwriting experience as well. This role has key responsibilities to maintain relationships with the agency’s in the defined territory.

This role is a highly visible role within this organization. Our client offers an excellent work environment and a competitive salary up to $190k with an annual bonus of 40%. This position is located in MA and there is relocation assistance offered for this position.

Experience and Knowledge Requirements
• Intimate working knowledge of the Personal Lines Property and Casualty insurance industry including underwriting practices, pricing, product, and competitive analysis
• Ability to represent the needs of the organization at the highest levels of the company, with regulators, residual market mechanisms, and agencies.
• In depth experience developing, leading and retaining a highly qualified underwriting team.
• Ability to develop and maintain strong relationships with independent agents that yields positive results.
• The ideal candidate will have at least seven years of progressive leadership experience and the ability to access/ interpret management information that achieves positive change.

Key Responsibilities
• Help develop, manage and execute Personal Lines Underwriting strategy
• Assists SVP and PL Product Director design and execute key strategies to enable the organization to grow and be profitable.
• Collaborates with Director of PL Product and SVP of PL on rate decisions
• Responsible for management of Underwriting Managers and Team Managers.
• Designs and implements plan to expand penetration in Personal Lines niches
• Assists in the preparation of salary and expense budget, controlling expenses accordingly. Manages and executes daily business objectives with reference to budget, customer service, production, and business plan objectives
• Keeps abreast of regulatory rulings, industry trends and legal developments which affect underwriting practices.
• Sets underwriting guidelines and practices. Authorizes exceptions to underwriting rules and monitors those of staff.
• Measures underwriting effectiveness through monthly reporting of key metrics and processes.
• Collaborate closely with operations and Service Center on end to end underwriting and services processes to ensure efficient, profitable and accurate outcomes.