AVP/VP Underwriting Governance- Westfield Specialty

Job Description:

• Create, manage, and execute quality underwriting review strategies/plans across multiple lines of business, including external delegated underwriting authorities (MGAs).
• Design, implement, and execute critical governance controls across all Insurance lines of specialty insurance business with a focus on Financial and Professional Lines, Commercial Property, and Excess Casualty.
• Manage onboarding of new specialty insurance opportunities, including Delegated Arrangements (MGAs) and new business units.
• Manage, support, and drive execution of special projects within the Specialty Insurance Segment including Compliance and Regulatory activities, product development, etc., while representing Specialty Insurance underwriting.
• Assess, design, and deploy various strategic and tactical tools and templates to support Specialty Insurance segment goals.
• Liaison with Internal Audit department on a regular basis.

A successful candidate will:

• Build, maintain, and improve the underwriting governance frameworks.
• Work closely with Westfield Specialty's Office of Corporate Underwriting colleagues, Business Unit Heads, and underwriters on implementing governance standards to strengthen the underwriting process.
• Strike the right balance between process efficiencies and adherence to relevant underwriting standards.
• Implement controls to assess the effectiveness of the underwriting framework and report breaches and initiate necessary remedial actions.
• Work closely with governance, legal, compliance, and risk management functions across Westfield Specialty.
• Stay calm, focused, and resilient in difficult times, providing business partners with clarity on a way-forward.

Qualifications
Advanced knowledge of Specialty insurance products/coverage, preferably from experience as an underwriter or claims adjuster. Market segment and marketplace: insurance, claims, and actuarial concepts; specialty underwriting quality assurance; regulatory environment and reinsurance.

• Confirmed ability to effectively work with underwriters, and internal departments to build and maintain positive and productive relationships.
• Recognized ability to apply underwriting/appetite, tools, systems, and resources to achieve goals, and decipher complex problems.
• Bachelor's degree, 7+ years of specialty lines insurance experience. The title will be based on the candidate's experience.
• Self-motivated, excellent organizational skills, strong analytical skills, ability to resolve complex problems, and a commercial mindset.
• Ability to handle confidential information appropriately and thrive on the opportunity to work independently.
• Excellent verbal and written communication skills.

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