AVP, Underwriting - Cyber/Tech
Posted 2025-03-15About the position
The AVP, Underwriting - Cyber/Tech position at QBE is a pivotal role that guides underwriters in executing the assigned line(s) of business strategy. This involves developing policies and procedures that align with departmental goals to support the underwriting of business that contributes to a profitable portfolio. The lines of business may include Accident and Health, Aviation, Retail, Financial Lines, Inland Marine, Professional Lines, Multi-national, Property, and Transactional Liability. The successful candidate will enhance the underwriting portfolio by measuring, analyzing, and communicating agency performance to ensure alignment with business strategy, retention of key partners, and acquisition of desired business. In this role, the AVP will monitor the degree of risk by identifying, measuring, managing, and accounting for risks during the team underwriting process. This ensures that team analyses and recommendations yield profitable risk selection. The AVP will also recommend and implement business growth initiatives by monitoring insurance market trends and developments, promoting the adoption of best practices for profitability. Managing underwriting systems data entry is crucial to ensure accurate capturing of department data and identifying opportunities for continuous improvement. The AVP will cultivate efficient team functioning by managing resources and recommending and implementing needed changes to fill in gaps and ensure streamlined strategy execution. Influencing the team by modeling strong relationship building with key stakeholders is essential to encourage timely and effective communication and deliver personalized and quality service. The AVP will lead internal meetings to share and develop strategy and best practices for the team to underwrite profitable business, increasing team awareness of and engagement with the business plan. Additionally, the AVP will guide key stakeholder decision-making and understanding of operations by sharing underwriting technical expertise with the team, agents, and regulators, clarifying complex escalated inquiries to transfer information and cultivate a strong department reputation. Managing budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs, and properly accounting for expenses is also a critical responsibility to meet requirements and achieve fiscal responsibility.
Responsibilities
? Enhance underwriting portfolio by measuring, analyzing and communicating agency performance to ensure alignment with business strategy, retention of key partners and acquisition of desired business
,
? Monitor degree of risk by identifying, measuring, managing and accounting for risks during team underwriting process to ensure team analyses and recommendations yield profitable risk selection
,
? Recommend and implement business growth initiatives by monitoring insurance market trends and developments to promote adoption of best practices for profitability
,
? Manage underwriting systems data entry to ensure accurate capturing of department data and identify opportunities for continuous improvement
,
? Cultivate efficient team functioning by managing resources and recommending and implementing needed changes to fill in gaps and ensure streamlined strategy execution
,
? Influence team by modeling strong relationship building with key stakeholders to encourage team to utilize timely and effective communication and deliver personalized and quality service
,
? Increase team awareness of and engagement with business plan by leading internal meetings to share and develop strategy and best practices for team to underwrite profitable business
,
? Guide key stakeholder decision-making and understanding of operations by sharing underwriting technical expertise with team, agents and regulators and clarifying complex escalated inquiries to transfer information and cultivate a strong department reputation
,
? Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility
Requirements
? Bachelor's Degree or equivalent combination of education and work experience
,
? 10+ years relevant experience
Nice-to-haves
? Maintain current, accurate and readily accessible data
,
? Build and capitalize on beneficial internal and external relationships including competitors
,
? Utilize effective research and investigative techniques
,
? Use internal and external resources to gather, analyze, and reorganize information and use logic to address work-related issues and problems
,
? Risk identification and mitigation
,
? Negotiate skillfully in tough situations with both internal and external groups to settle differences with minimum noise
,
? Collaborate with people at different levels within the organization to accomplish a common goal
,
? Coach and encourage employees towards continuously improving performance and mentor team with feedback, on-the-job skill enhancement opportunities and career advice
,
? Utilize motivational, inspirational and enthusiastic approach to managing team
,
? Anticipate obstacles, estimate time and resources needed for the completion of a project
,
? Understand the needs and goals of a customer and actively look for ways to meet them
,
? Utilize effective interpersonal, verbal and written communication
Benefits
? Comprehensive medical, dental, vision and wellbeing benefits
,
? Competitive 401(k) contribution
,
? Paid-time off program
,
? Paid-family and care-giver leaves
,
? Annual discretionary bonus plan based on business and individual performance
,
? Opportunity for hybrid work arrangements
For more such jobs please click here!