AVP, Professional Lines Underwriting

Requisition ID: 94549

At PALMS Insurance, a NextEra Energy company, we specialize in offering customized insurance solutions that address the unique needs of our clients. Our commitment to excellence, reliability, and customer satisfaction sets us apart as a trusted provider in the insurance industry. Are you ready to make a meaningful difference? Become a part of our team today.

Position Specific Description

Palms Insurance is currently looking for an AVP or VP, Underwriting, for the Professional Lines team. This position is responsible for managing their own portfolio's performance, including new business production, retention, rate/tiering execution, and portfolio management actions. Additionally, they will be responsible for managing broker relationships, underwriting referrals, and maintaining a production portfolio.

Specifically, the Underwriter is expected to:

• Identify and pursue new business opportunities, cultivating strong broker and cedant relationships across the U.S. and international markets.
• Lead the underwriting and negotiation of treaty reinsurance contracts as well program manager agreements, ensuring alignment with company risk appetite and profitability goals.
• Collaborate with Actuarial, Claims, and Finance teams to analyze portfolio performance and inform pricing and risk selection.

The ideal candidate will bring significant Professional Lines Underwriting experience, with demonstrated expertise in Professional and/or Management Liability as well as Cyber Liability. Prior experience as either a treaty underwriter or program underwriter is desired, and the successful candidate will have a proven ability to underwrite sophisticated risks requiring deep technical knowledge, sound judgment, and a consultative approach with cedents and business partners.

Job Overview

This position will manage a team of underwriters and/or actuaries, and have responsibility for multiple underwriting books of business. This employee would manage customer and broker relationships, and have budget authority over their organization.

Job Duties & Responsibilities

• Manages profitable book of business by implementing underwriting decisions (in compliance with state laws and company guidelines), evaluating results and conducting portfolio reviews
• Reviews integrated pictures of factors that affect profitability, growth, retention prepared by subordinates and recommends, implements and monitors necessary action plans
• Reviews analysis and reports to management and executive management
• Makes underwriting decisions to accept, decline or modify risks within assigned underwriting authority level in partnership with management team
• Executes underwriting strategy, including portfolio management and self-audits
• Regularly travels to key accounts and remains a visible presence in the marketplace by participating in industry events and/or committees
• Performs other job-related duties as assigned

Required Qualifications

• Bachelors Degree
• Experience: 10+ years specialty underwriting
• Supervisor/Management Experience: 4+ years

Preferred Qualifications

• Masters Degree
• Certification: American Institute for Chartered Property Casualty Underwriter(AICPCU) or Registered Professional Liability Underwriter (RPLU), or equivalent
• Experience: Excess and surplus underwriting

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.

Employee Group: Exempt

Employee Type: Full Time

Job Category: Finance, Accounting & Business Analytics

Organization: Palms Management Services, LLC

Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

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