Highlights
Job Type: Full Time Work Type: Onsite Duration: Full Time Pay Rate:$150K-$180K Yearly Overview: TekWissen is a global workforce management provider headquartered in Ann Arbor, Michigan that offers strategic talent solutions to our clients world-wide. Typically holds highest level of underwriting authority and works closely with leadership to drive underwriting and portfolio quality, sales and operations excellence, talent development, strategy development and execution.
Numbers & Facts
| Location | Itasca, IL |
| Industry | Computer/IT Services |
| Salary | $150,000–$180,000 |
| Company Size | 100 to 499 employees |
| Year Founded | 2009 |
| Website | http://www.tekwissen.com/ |
Description
Job Title: Exec Underwriter Inland Marine
Work Location: Itasca, IL; Bloomington, MN; Brookfield, WI; or Iowa.
Job Type: Full Time
Work Type: Onsite
Duration: Full Time
Pay Rate:$150K-$180K Yearly
Overview:
TekWissen is a global workforce management provider headquartered in Ann Arbor, Michigan that offers strategic talent solutions to our clients world-wide.
Job Description:
POSITION OVERVIEW:
- This role operates as the most experienced underwriter position and depending upon the business function may focus on production goals or supporting territories in driving underwriting excellence.
- Typically holds highest level of underwriting authority and works closely with leadership to drive underwriting and portfolio quality, sales and operations excellence, talent development, strategy development and execution.
- Provides technical insight and guidance to local team and leaders on accounts and execution of the strategy within the territory.
IN THIS ROLE, YOU WILL:
- Underwrite new business, renewal business, and endorsement referrals.
- Achieve financial targets for overall growth and profitability.
- Drives execution of plans to achieve results.
- Collaborates with and provides oversight to the junior underwriting staff on portfolio management and strategic underwriting decisions to ensure production, financial and underwriting objectives with respect to profitability are achieved.
- Assures compliance with corporate and regulatory requirements and ensures the integrity of underwriting discipline by identifying underwriting issues.
- Develop new business opportunities with new and existing agents. Build strong partnerships and promote the Client franchise.
- Provides input and may assist in broader strategy formulation with primary focus on execution of strategies.
Business Development:
- Identify and drive enhanced business opportunities and create growth within other lines of business and customer segments.
- Utilize our value proposition to enhance agency economics, partner conversion and product specialization in partnership with local management.
- Prioritizes and drives effective relationship management and producer activities to build trust, facilitate negotiation, and secure commitment in order to improve yield and retention ratios.
- Engage at the customer level for the most complex and prominent accounts within their territory.
- Independently implements territory business plans, monitors performance, adjusts plan to ensure a substantial pipeline for future profitable growth.
- Actively engages with distribution and field leadership to develop business opportunities. Regularly liaise with BDM function.
- Coaches field underwriters on top selling techniques specific to the industry space.
- Collect market intelligence (price, product, services); advocate for change as needed.
- Assist in the development of new product capabilities, emerging market opportunities, and identifying growth opportunities.
Portfolio Management:
- Manages portfolio for assigned territory with guidance from Leader.
- Provides input to and feedback on Portfolio, Distribution and Infrastructure strategy.
- Analyzes industry financial performance and proactively manages the performance of portfolio, recommending corrective action as needed.
- Gathers critical local intelligence that will aid in the development product, service, and appetite improvements.
- Proactively responds to regulatory and legal environment.
- Maintains keen understanding of industry competitors, Identifies trends and emerging issues.
- Closely monitors underwriting results for assigned regions and recommends actions to improve profitability.
Underwriting Development and Support:
- Reviews key metrics and uncovers trends that may lead to new business opportunities with agents while achieving profitable growth in accordance with business strategies.
- Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status, and declinations in order to drive results within the assigned territory.
- Understands the relationship between changes in business strategies and financial results (e.g. loss ratio's, premium, retention, and non-rate and book mix strategies).
- Keeps current on state/territory issues, regulations, and trends.
- Supports execution of profit improvement initiatives with key agents.
WHAT YOU NEED TO APPLY:
- Bachelor's degree or experience equivalent; professional designations preferred.
- 10+ years of Inland Marine underwriting experience, with broad underwriting experience across numerous classes of business.
- Strong proficiency with specific knowledge in the areas of underwriting, book management, marketing, and product development.
- Ability to effectively coach underwriters and balance multiple priorities in a dynamic and very fast-paced environment.
- Excellent communication skills are essential; effective face-to-face interactions and presentations to groups, as well as strong phone skills, along with sound written communications, including impeccable follow through.
- Demonstrated ability to effectively collaborate and influence across multiple levels of the organization within senior and field management and underwriters.
- High degree of business, insurance and marketplace knowledge.
- Ability to travel by plane or car as needed.
TekWissen Group is an equal opportunity employer supporting workforce diversity.
About Company
WE THE TEKWISSEN PEOPLE
TekWissen offers you a broader portfolio of services, industry-leading solutions, and the meaningful innovations that give you greater flexibility and speed to respond to market dynamics, reduced costs and risk to improve enterprise performance, and increased productivity to enable growth.
To keep pace with global market demands, TekWissen keeps its finger on the pulse of change. Our organized approach to guiding a project from its inception to closure. Managing projects is becoming more and more important as we enter the digital era. To cope with the pace that this transition demands, a method is required to manage projects so they can yield quality work, while incorporating efficient use of time and resources.
Project involves identifying which quality standards are relevant to the project and determining how to satisfy them.
It is important to perform quality planning during the Planning Process and should be done alongside the other project planning processes because changes in the quality will likely require changes in the other planning processes, or the desired product quality may require a detailed risk analysis of an identified problem. It is important to remember that quality should be planned, designed, then built in, not added on after the fact.
Capabilities and accomplishments in one TekWissen business enhance the opportunity for success in the others. Put simply, TekWissen's unique combination of attributes promotes success.