Business Segment Manager–Specialty

EMC Insurance CompaniesWork From Home,Iowa

30+ days ago

Job type

Full-time

Remote

Job description

At EMC, you'll put your skills to good use as an important member of our team. You can count on gaining valuable experience while contributing to the company's success. EMC strives to hire and retain the best people by engaging, developing and rewarding employees.

Summary :

Provides strategic insight and direction for underwriting organization for the specialty business segment. Primary industry classifications include trucking, automobile / RV dealers, telecommunication and technology providers, ready mix concrete, and sewage / refuse services among others. Leads, researches, and coordinates the ownership, execution, strategy, administration, and development of products and programs at enterprise level for the specialty business segment. Creates and communicates best practices and underwriting guidance to all of EMC. Develops new product ideas, reviews existing and drafts new coverage language. Evaluates the cost and benefit of market opportunities and product initiatives and recommends actions based on evaluation, including identifying product improvements for complex products. Acts as a strategic partner for branches and offers guidance on complex underwriting issues and strategy. Evaluates complex underwriting risks and provides analysis and guidance to all branch underwriting staff in determining the acceptability of business.

Essential Functions :

Maintains primary oversight of the profit and develops / maintains the business plan for the specialty business segment
Serves as the specialty business segment subject matter expert to provide strategic direction enterprise wide
Primary contact for specialty business segment branch referrals within assigned letter of authority
Oversees the creation and communication of best practices and underwriting guidance for the specialty business segment
Analyzes premium and loss data to ensure long-term profitable growth
Develops new product ideas and changes to existing coverages
Conducts ongoing QA audits and conducts ongoing training on various specialty related topics

Education & Experience :

Bachelor’s degree, preferably in a business or insurance related field, or equivalent relevant experience

Ten years of commercial property and casualty underwriting including at least three years of staff underwriting experience in applicable business segment

Insurance designations, such as AU, CIC, or CPCU preferred

Knowledge, Skills & Abilities :

Advanced, proven knowledge of countrywide underwriting techniques, terminology, policies, and forms in applicable business area

Excellent underwriting judgment and decision-making skills

Strong knowledge of key performance indicators (KPIs) and ways to improve them

Advanced written and verbal communication skills, including presentation skills

Ability to work effectively with others, as well as independently and possess demonstrated problem-solving abilities

Strong computer knowledge, Internet and keyboarding skills

Strong ability to advise, partner, influence and effectively consult with diverse internal and external stakeholders, including senior leaders, executives, and project owners

Strong ability to distill and communicate highly complex issues for technical and non-technical audiences

Strong ability to translate technical ideas into more general terms for business customers

Occasional travel; a valid driver’s license with an acceptable motor vehicle report per company standards required if driving