Selective Insurance Group Inc

SVP, Market Segment Leader

Selective Insurance Group Inc • $264K — $342K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of Commercial Lines underwriting experience
  • Strong technical underwriting acumen with broad segment expertise
  • Exceptional decision-making skills in ambiguous situations
  • Proven ability to lead and coach teams effectively
  • Excellent communication and relationship-building skills

Responsibilities

  • Provide oversight of teams managing transactional engagement and align with underwriting practices
  • Ensure daily coaching, training, and mentoring within the underwriting teams
  • Monitor market factors affecting customers and develop tactical responses
  • Drive adoption of underwriting strategies balancing growth with risk selection
  • Engage directly with customers to assess their risk profiles and needs
  • Collaborate with cross-functional teams to inform underwriting strategies
  • Contribute to identifying emerging risks and actionable insights for profitability
  • Develop talent through structured coaching and mentoring

Benefits

  • Comprehensive health care plans
  • Retirement savings plan with company match
  • Discounted Employee Stock Purchase Program
  • Tuition assistance and reimbursement programs
  • 20 days of paid time off
Full Job Description
Overview

As a senior underwriting authority, the position ensures disciplined risk selection, consistent decision-making, and alignment with enterprise underwriting standards while enabling speed and agility in front-line execution. Provides strategic leadership of the teams that support transactional underwriting through expert oversight of referrals and consultations.

The role serves as a critical bridge from corporate underwriting strategy and corporate underwriting practices to the transactional execution by underwriters in the field to elevate underwriting excellence by ensuring the delivery of high-impact guidance on complex risks and driving underwriting expectations across the organization. A core component of this leadership position is building organizational capability-coaching, training, knowledge transfer and mentoring underwriters while fostering a culture of continuous learning and accountability.

Responsibilities

  • Provide senior underwriting leadership over our teams of subject matter experts that are responsible for managing transactional engagement (referrals and consultations) to coach business written to be in alignment with our broad, generalist underwriting appetite and our underwriting practices and underwriting strategies across Small, Middle Market and Large Account business segments. Able to influence proper balance between risk and market realities, as well as between internal and external pressures on profit and production
  • Ensure proper daily coaching, training, mentoring and knowledge transfer by the teams as well as active visibility in the field. Delegate authority to the team and imprint on regional authority delegations
  • Lead the Strategic Business Unit Leaders to monitor external factors that can impact each market segment's customers including economic, technological, social, political and environmental. Encourage their development of tactics that capitalize on opportunities or mitigate risk in support of our customers while driving our desired outcomes.
  • Influence and drive adoption of underwriting strategies and practices that balance growth with disciplined risk selection in support of long-term portfolio performance by collaborating with underwriting leadership to establish, reinforce, and communicate underwriting practices, guidelines, strategies and decision frameworks across regions and market segments.
  • Support your team in conducting direct external engagement with customers to fully understand their operations, exposures, risk profiles, business plans and evolving needs
  • Collaborate cross-functionally with actuarial, advanced analytics, claims leadership, competitive intelligence, insurance product, legal, marketing, product leadership, region leadership and teams, regulatory compliance, risk management & premium audit to inform underwriting strategy and ensure alignment with broader business objectives.
  • Participate in the generation of emerging risks and actionable insights at the portfolio, line, segment, class of business, market size and regional level to drive growth and profitability across the market segments in support of diversification and breadth of appetite.
  • Enhance bench strength and succession readiness through intentional talent development, structured coaching, and real-time feedback.
  • Maintain a strong in-person field presence to gather input first-hand from our regional teams, agents and insureds to successfully balance underwriting expectations with competitive intelligence, sales and marketing

Qualifications

Knowledge and Requirements
  • Strong problem-solving ability; Capable of strong decision making under ambiguity or less than perfect information; Ability to explain rationale and coach 'the why'
  • Managing projects; Excellent customer service; Strong sales and negotiation skills; Strong problem-solving ability; Proven leadership capability
  • Strong written, verbal and presentation skills; Networking and relationship building skills


Education and Experience
  • College-degree preferred
  • 10+ years standard Commercial Lines underwriting experience
  • Technical underwriting acumen including deep and broad segment expertise

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.

The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Pay Range

USD $264,000.00 - USD $342,000.00 /Yr.

About Selective Insurance Group Inc

Selective Insurance Group, Inc. is a holding company for ten property and casualty insurance companies. The company provides insurance products and services to businesses, non-profit organizations, and individuals. Selective Insurance Group has been in business for over 90 years and has a strong reputation for customer service and financial stability. The company is headquartered in Branchville, New Jersey, and has over 2,450 employees. Selective Insurance Group is committed to giving back to the communities where it operates and has a strong focus on corporate social responsibility. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol SIGI.
Learn more about Selective Insurance Group Inc
Size
2,440 employees
Market Cap
$5.4 billion
Industry
Net Income
$246.3 million
Founded
1926
5 Year Trend
+6.9%
Revenue
$2.9 billion
NASDAQ

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