Overview

Underwriting Director, Commercial Lines at Safety Insurance. Responsible for the successful leadership and management of the Commercial Lines Underwriting Department.

Responsibilities

• Manages the Commercial Lines Underwriting process, including developing, implementing, monitoring, and controlling processes, systems, and budgets.
• Works with senior management to define priorities, objectives, and Underwriting Strategy and monitor success throughout the year, as well as setting an overall underwriting philosophy.
• Interacts with other departments such as Claims, Insurance Operations, Actuarial Services, and MIS to accomplish department, Underwriting, and corporate objectives.
• Works closely with Marketing to monitor policy production and develop and implement growth plans with existing, as well as new, agents through product development, and coordination with Product Management, and visits to/interactions with agencies.
• Works with and listens to our customer, the Independent Insurance Agent, regarding their needs for competitive products and rates, as well as professional service.
• Initiates and responds to requests for evaluation of various policies, practices and actions regarding underwriting Safety’s Commercial policies, products, underwriting guidelines, target markets, pricing, and reinsurance analysis/coverage.
• Evaluates product needs and works with Product Management to implement.
• Prepares annual department goals and objectives that work toward the strategic direction of the company and monitors goal progress and achievement throughout the year.
• Selects, develops, and appraises department managers and employees and determines appropriate staffing and training, including training plan implementation and ongoing training review and refinement.
• Keeps department and other areas appraised of current and emerging topics and market trends associated with Commercial Lines.

Qualifications

• Undergraduate Degree (business preferred); MBA preferred.
• CPCU preferred.
• At least 10 years of Underwriting and insurance management experience.
• Successful experience managing Commercial Lines Underwriting required.
• Strong analytical ability, including strong data analysis skills and the ability to understand, utilize, and present findings and insights.
• Ability to develop and implement strategic plans.
• Excellent verbal and written skills, including good public speaking skills.
• Highly knowledgeable of the New England Commercial Lines marketplace and products.

Details

• Seniority level: Director
• Employment type: Full-time
• Job function: Finance and Sales
• Industries: Insurance

Location

Boston, MA

Compensation

Salary ranges observed: "$150,000.00-$200,000.00" etc. (note: location-based postings and ranges shown in the original description; verify current posting for exact figures).

Benefits

• 3 weeks accrued paid time off + 14 paid holidays per year
• Health insurance (medical, dental, vision)
• Annual 401(k) Employer Contribution (up to 8% of base salary)
• 100% tuition reimbursement
• Free on-site fitness center
• Complimentary coffee and breakfast service
• Hybrid work schedules
• Working Advantage Discount Program
• Employee Assistance Program
• Hybrid work options and 37.5-hour workweek

Safety Insurance is proud to be one of the leading property and casualty insurance providers in Massachusetts. We are committed to supporting independent agents and their customers through our dedication to excellence. We believe in delivering high quality insurance products at competitive rates with exceptional service at every step.