SVP, Head of Inland Marine

Position: SVP, Head of Inland Marine Company: National Property & Casualty Insurance CompanyLocation: Multiple Locations AvailableHybrid PositionSummaryThe Senior Vice President, Head of Inland Marine leads a team of approximately 10 underwriters and 6 underwriting assistants to execute the country-wide strategic and operational plans for the Inland Marine business unit of the Company. In collaboration with the Chief Underwriting Officer and the Head of Field Underwriting, the you will set and implement priorities for the underwriters and ensures they are writing business within the Company appetite and within the underwriters' authorities.Must be a hands-on leader who will develop, mentor, retain and manage a team of skilled underwriters to meet business goals. M ust have a deep understanding of Inland Marine coverages and underwriting portfolio management. In addition, you will expand and strengthen relationships with Company's wholesale and retail Inland Marine producers (i.e., agents and brokers) in support of favorable submission flow, retention of key accounts and long-term profitability.ResponsibilitiesLeading the development of the annual financial plan.Driving growth and profitability initiatives to achieve financial targets for premiums and underwriting profit, while giving profitability top priority.Retaining, developing and recruiting highly qualified and well-trained Inland Marine underwriters to produce top-quartile levels of underwriting profitability.Managing the assignment of underwriters to producers and segments to optimize production, geographic coverage and profitability.Developing and managing strategies across intended to optimize mix of business, favorable new business and renewal retention rates, while maintaining catastrophe accumulation exposures within Corporate risk tolerances.Establishing and actively participating in initiatives that enhance relationships with producers/wholesalers, with the objective of improving service responsiveness and its submission flow for desired classes / risks.Collaborating with Corporate Underwriting, Actuarial and Claims to ensure underwriting strategy and pricing are updated for favorable and unfavorable trends, while creating an environment that is well positioned to adapt to dynamic market conditions.Keeping informed of external changes impacting producer, competitor and regulatory developments, while implementing strategies to address those changes.Holding frequent management meetings to discuss emerging trends, producer and competitor developments, renewal and target lists, and progress against new business and renewal goals and monitoring performance through Key Performance Indicators, e.g., quote activity, bind-to-quote ratios, premium by class, commission and loss ratios, both at the at the portfolio and the account level.Promoting a culture of underwriting expertise, careful risk selection, collaboration and service orientation while providing technical counsel, referral reviews and guidance to direct reports and underwriters.Reviewing for approval consideration the larger, more complex risks that exceed individual underwriter authorities.Managing ongoing compliance with underwriting guidelines and that risks underwritten are not excluded from existing and proposed reinsurance treaties.Presenting to and discussing underwriting practices and results with reinsurers during treaty renewals, with a mindset toward conservative underwriting and judicious use of capacity and to limit catastrophe exposure. Managing underwriting resources and operating expenses prudently and effectively.Requirements10+ years of experience in underwriting, predominantly Inland Marine risks.An expert technical underwriting background, with advanced knowledge of inland marine coverages including:o Builders' risk/renovation/installation floaters o Contractors' equipment, including heavy equipment o Riggers' liability o Motor truck cargo o Scheduled floaters o Commercial output policies o Warehouse legal liability o Automobile Physical DamageStrong leadership skills that will guide and inspire high-performance teams toward achieving strategic plans and financial targets.Ability to identify and utilize KPIs that drive profitable underwriting and manage results successfully across regional offices.Ability to allocate resources effectively and efficiently.Excellent verbal and written communication skills, with the ability to make effective presentations while dealing confidently with senior executives, underwriters, reinsurers and producers.Education / CertificationsRequired: a bachelor's degree from an accredited college/university, preferably with a major or coursework in economics, risk management, actuarial science or related fields. Post graduate degree a plus.Experience with managing and developing high-performance teams across multiple offices.CPCU or CIC a plus.About The Regent Group