Assistant Vice President Underwriting Specialty

Profile

Assistant Vice President Underwriting Specialty

Duties: Develops and implements strategies based on near- and long-term priorities, current trends and underwriting results. Identifies enhanced sell and cross-sell opportunities to create growth within other lines of business and customer segments. Collaborates with both Specialty distribution and local branch partners. Partners with leadership to help develop and drive the regional business strategy. Oversee the operational and technical work of the team. Manages internal and external carrier relationships. Assist in developing strategic financial plans adjusting as needed in response to changing performance indicators. Understands the financial relationships, dependencies, trends, risks and potential returns. Ability to create and drive business plan that yields profitable results. Keeps current on state/territory issues, regulations and trends and appropriately shares information to drive state results. Drives profit improvement process and appropriate rate while balancing with retention. Ensures teams utilization of tools and resources to achieve profit goals. Creates a high-performance culture through effective communication and quality goal setting, differentiation of compensation and performance, proactive management of low performers and retention of top performers. Drives proactive development and advancement of key talent. Recruit and retain top talent, while maintaining an active talent pipeline within and outside the company. Manage the underwriting teams to achieve business objectives. Coaching and mentoring the team, providing business direction, driving underwriting actions towards our business objectives, training and development of employees. Collaborates with Operations to execute best practices, including optimizing productivity and managing service and quality with agents. Effectively manage expenses in line with near and long-range business priorities. Able to decipher complex accounts and apply sound underwriting principles to translate business rationale to team and or colleagues. Evaluate and identify technical training needs and opportunities to enhance capabilities of team. May conduct formal/informal training sessions. Ongoing coaching of team members on application of expertise to improve results.

Additional Information

Req. #: 15748

Company info

The Hanover Insurance Group, Inc.
860 Centennial Avenue Suite Cn1383
Piscataway
New Jersey
United States 08854-3936
Website : http://www.hanover.com