Management Solutions Technical Director in New York, NY

$200K - $250K(Ladders Estimates)

Zurich Insurance   •  

New York, NY 10001

Industry: Finance & Insurance


8 - 10 years

Posted 52 days ago

Key Accountabilities:

  • Collaborate with MSG Market Basket leaders to ensure profitable growth strategies are executable
  • Ensures strategies and metrics to support profitable growth are in place.
  • Support and advocate established underwriting priorities.
  • Support SBU Leader and Market Basket leaders in establishing underwriting strategy.
  • Identify, prioritize, and escalate portfolio management, technical training and product innovation needs to Head of MSG and Market Basket Heads.
  • Orchestrate portfolio reviews and deep divers with input from MSG MB heads, product officers and claims. Give direction to technical pricing actuaries regarding scope of portfolio deep divers, CUP studies etc. Oversee completion of portfolio reviews by actuaries on a timely basis.
  • Synthesize LOB portfolio management insights and portfolio quality metrics and provide multi-line view to the SBU leader and Head of Technical UW USCI.
  • Manage the development of the Country Underwriting Plan for the SBU, which requires: Collaboration across Line of Business.
  • Effective prioritization of and engagement and participation in ongoing portfolio management activities (i.e. deep dives, AvE, VC).
  • Direct Technical Actuaries in portfolio analysis Clear plan and impact assessment, requirements for success, measurements and monitoring tools of UW actions identified through monthly engagement with SBU leaders, using tools such as AvE, Rate Monitor, etc.
  • Monitor and support execution of UW actions identified through monthly engagement with SBU leaders, using tools such as AvE, Rate Monitor, etc.
  • Ensure transactional services are provided to the SBU: Actuarial referrals, new program pricing analysis, and consultations are provided and disposed of in an effective and timely manner.
  • Ensure effective implementation and adoption of: Underwriting and pricing tools
  • Portfolio strategy
  • Underwriting and pricing guidelines
  • Work with Market Basket Heads and Product officers as appropriate to ensure underwriting guidelines reflect current underwriting strategies and appetite.
  • Leads and drives Tiering strategy where applicable (identifying appropriate signals for the SBU) and has a granular view of tiering results.
  • Establish proper frameworks to drive effective outcomes for key underwriting activities: UW Empowerment
  • UW Quality, including driving improvement actions arising from quality insights
  • Understands, prioritizes, and escalates pricing model change /update needs to Head of TUW USCI.

Basic Qualifications:

  • 9+ years of experience in the Underwriting or Broker or Carrier or Market Facing or Risk Management experience within the Commercial Insurance industry
  • AND
  • 2+ years of management experience
  • Bachelor's Degree

Preferred Qualifications:

  • Advanced and in-depth experience underwriting multiple financial lines' products
  • Strong portfolio management skills
  • Experience working with actuaries, interpreting actuarial results including loss triangles and actual vs expected loss reserving information, etc.
  • Strong Underwriting or Product Underwriting experience
  • Experience building and implementing our key strategies
  • Excellent team building, influencing and organizational skills
  • Strong presentation skills
  • Strong executive presence and the ability to interact with the C-Suite
  • Ability to manage vision and purpose, lead the organization through innovative and creative thinking

Valid Through: 2019-10-17