VP, Underwriting Leader - Life Sciences

Company:  QBE
Location: New York
Closing Date: 20/10/2024
Salary: £125 - £150 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Primary Details

Time Type: Full time

Worker Type: Employee

Represent QBE as a thought leader in assigned line(s) of business and maintain strong knowledge of full product suite across NA to promote brand awareness. Lead profitable underwriting operations for assigned line(s) of business by developing and communicating a strategic vision for department growth, setting team priorities and guiding adherence to quality metrics to ensure department risk selection aligns with organizational profitability objectives. Line(s) of business includes Healthcare Liability - Life Sciences.

The Opportunity

Lead profitable underwriting operations for assigned line(s) of business by developing and communicating a strategic vision for department growth, setting team priorities and guiding adherence to quality metrics to ensure department risk selection aligns with organizational profitability objectives.

Primary Responsibilities

  • Provide support to the continued enhancement of the capability of the broader Underwriting team through direct management and informal coaching/mentoring.
  • Develop and communicate a strategic vision for department growth by setting team priorities and guiding adherence to quality metrics.
  • Foster a collaborative approach to growing the business by communicating with peers, identifying profit and loss trends, and developing strategic portfolio growth initiatives.
  • Leverage advanced technical expertise to formulate innovative strategies for expanding QBE’s customer base.
  • Develop and maintain underwriting guidelines and best practices in accordance with federal and state regulations.
  • Manage the underwriting team for assigned line(s) of business by overseeing and evaluating new and renewal business.
  • Drive standardization of underwriting across assigned business line(s) by defining risk assessment parameters and setting quality service standards.
  • Capitalize on opportunities for continuous improvement by reviewing reports on loss ratios and conducting research on market trends.
  • Build and maintain internal and external relationships by leading the delivery of training and informing on risk exposure decision-making processes.
  • Develop sustainable underwriting operations for business line(s) by analyzing, refining, and enhancing current practices.

Required Education

  • Bachelor's Degree or equivalent combination of education and work experience.

Required Experience

  • 10+ years relevant experience.

Preferred Competencies/Skills

  • Provide vision and think creatively and innovatively; implement strategies to improve efficiency.
  • Strong technology and systems aptitude of underwriting practices and procedures.
  • Build and capitalize on beneficial internal and external relationships.
  • Collaborate with senior leaders within the organization to accomplish a common goal.
  • Utilize effective research and investigative techniques.
  • Analyze risks, benefits, and opportunities to ensure organizational competitiveness.
  • Foster and promote collaboration and teamwork.
  • Adjust plans, goals, actions, or priorities to meet changing situations.
  • Prioritize interests of the company and community during decision-making.
  • Leverage business and financial expertise.
  • Establish a high degree of trust and credibility with others.
  • Show empathy and sensitivity to the experience of others.
  • Inform team about organizational change and integrations.
  • Motivational, inspirational, and enthusiastic approach to team leading and management.

Preferred Experience

  • Extensive underwriting experience is required.
  • Specific experience required will vary based on assigned line(s) of business.
  • Experience managing or leading others.
  • Increasing levels of responsibility.
  • Participation in industry events that support continuous education and superior technical proficiency.

Preferred Licenses/Certifications

  • Depending on assigned line(s) of business, specific participation and memberships are preferred.
  • Professional Liability Underwriting Society.
  • RIMS.

Preferred Knowledge

  • Advanced working knowledge of products and insurance operations.
  • Advanced working knowledge of laws and regulations related to area of responsibility.
  • Advanced working knowledge of terminology, concepts, and principles related to strategic planning.
  • Advanced working knowledge of market trends and current organizational strategies.
  • Advanced working knowledge of competitive carriers’ best practices and market intelligence.

US Only - Travel Frequency

  • Frequent (approximately 10+ trips annually).

US Only - Physical Demands

  • General office jobs: Work is generally performed in an office environment. Must have the ability to remain in a stationary position for extended periods of time.
  • Must be able to operate basic office equipment including telephone, headset, and computer.
  • Incumbent must be able to lift basic office equipment up to 20 lbs.

US Only - Disclaimer

  • To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily.

Job Type

  • Manager

Global Disclaimer

  • The duties listed in this job description do not limit the assignment of work.

Inclusion of Diversity

At QBE, we are deeply committed to fostering an inclusive workplace where each person is valued and respected for their authentic selves.

Compensation

Base pay offered will vary depending on education, experience, skills, geographic location, and business needs.

Annual Salary Range: $217,000 - $325,000

Annual Salary Range: $239,000 - $358,000

Annual Salary Range: $271,000 - $406,000

Benefit Highlights

You are more than your work – and QBE is more than a workplace, which is why QBE provides you with the benefits, support, and flexibility to help you concentrate on living your best life personally and professionally.

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

#J-18808-Ljbffr
Apply Now
An error has occurred. This application may no longer respond until reloaded. Reload 🗙