Life Underwriting Director jobs in Pennsylvania
Life Underwriting Director directs and oversees the life insurance underwriting program for individuals and/or groups. Responsible for ensuring integrity of underwriting activities and processes. Being a Life Underwriting Director provides coaching to underwriters and assists on more complex applications. Requires a bachelor's degree or equivalent. Additionally, Life Underwriting Director typically requires Chartered Life Underwriter (CLU) certification or Fellow Life Management Institute (FLMI) designation. Typically reports to top management. The Life Underwriting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Life Underwriting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Recently Added Life Underwriting Director jobs
Underwriting Director, Wrap- Ups Construction
- Hartford Fire Ins. Co
-
King of Prussia, PA
FULL_TIME
- Underwriting Director - UQ06CD We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. Reporting into the Chief Underwriting Officer of Construction, the Director of Wrap-Ups will be responsible for leading and developing the financial management and operating routines for the national portfolios of project business. This position is an individual contributor role but has indirect leadership responsibilities over the Wrap-Up underwriting team and will have various external responsibilities, including travel. The ideal candidate for this position will have a strong understanding of the underwriting process and the ability to build and maintain relationships. They will also be able to effectively communicate with a variety of stakeholders, including agents, brokers, and insureds. This role will be the portfolio leader, holding one of the highest levels of authority, working with the leadership team to advance our acumen and grow our wrap-up book of business. Working with executive leadership, the successful candidate will identify and frame strategic issues and drive the planning and execution of program initiatives. This role will have a significant impact on driving superior financial results, building employee engagement, and creating long-term customer value along with serving as a collaborative expert with colleagues, both experienced and lesser experienced, to build expertise across the unit. In addition to the construction specific teammates, this role will partner closely with the Middle & Large Commercial (MLC) Office of the Chief Underwriting Officer (OCUO) and Enterprise Field Leaders (Division Executives and Regional VPs) to accelerate the growth of this book of business along with establishing a credible presence within the industry while fostering a risk embracing culture. This role will engage with the Construction Regional Vice Presidents enabling risk decisions and training and empowering the underwriting team to do the same. In addition to collaboration noted above, the candidate is expected to partner with product, actuarial, service, and claim teams. The external distribution and client base is critical in this position. Specific Responsibilities Indirect people Leadership, Portfolio Leadership, Financial Reporting & Operating Routines · In partnership with the leadership team, specifically the Construction RVPS, will own the development and execution of operating routines across the Wrap-Up unit. · Develops and maintains a routine cadence on financial reporting including monitoring profit, pricing adequacy, loss cost trends, outlook targets across assigned territories while developing proactive solutions to address variance · Develops routine prioritization & monitoring with the Line of Business teams to ensure execution of strategic product priorities · Engages with the other directors and Underwriting Officers to ensure seamless execution of underwriting initiatives developed across the portfolios · Implements underwriting strategies, including pricing, models, geography, owner/contractor splits. · Leads and continuously improves underwriting authority in partnership with the HOC and CUO; engages as the referral leader for the wrap up Portfolio · Provides input to overall Middle Market underwriting and product training agendas to advance our underwriting acumen and grow our book profitably · Develops execution strategies for achievement of operating plan commitments · Advances portfolio management initiatives by partnering with Actuary, Product, Data and Analytics, Finance, Claims, Risk Engineering, Actuarial, Compliance, Legal, Operations, IT, and other resources through consistent application of Account Segmentation, Pricing Benchmarks, LOB, Industry/Geography optimization, Pipeline, Staffing Models, Referral Metrics, Authority, etc. · Operating routines are embedded into management system throughout all levels of the team/org Product & Underwriting Leadership · Responsible for establishing and maintaining close partnership with Product and Actuary to inform business and anticipate actions on pricing trends, loss reserve trends, threats and opportunities · Develops meaningful partnerships and shared vision for business outcomes · Empowers and trusts teams to make sound risk decisions · Provides thought leadership and support to product initiatives · Stewards the portfolio and book of business mix in overall compliance with The Hartford's guidelines, policies, service standards and levels of authority · Builds thought partnership to drive product strategy and roadmap, appetite expansion, pricing, and service capabilities · Develops strategies to advance profitable growth · Responsible for planning process across geographic footprint that includes product and actuary outlook inputs · Lead strategic profit improvement initiatives, if needed · Partners with Quality Management (QM) & Learning teams and Underwriting Managers in leading QM initiatives and action plans to ensure: o o Improve results and/or achievement of quality standards o Risk evaluation, pricing, terms & conditions, and documentation to standard Distribution Management · Strategically engages externally to enhance sales culture, support low end portfolio consolidation opportunities, and assist in large account stewardship · Develops and nurture wrap-up strategic alliances with distribution partners and clients · Partners with other Enterprise business leaders to define countrywide distribution strategies, including performance expectations and sales plans; partners with Sales & Distribution and field resources to execute on relationship management as it relates to top partners engagement and execution · Provide input to underwriting strategies and practices with specific distribution partners as needed · Provides leadership to industry specific sales and marketing initiatives; provides direction in the development of specialized external and internal marketing collateral Strategy · Partner with HOC and CUO in strategic roadmap for profitable growth · Help create clear vision/plan within the P&L · Support and maintain efficient underwriting process in partnership with operations, IT and underwriting to enable scale and efficiency in low complexity lines · Work closely with all Directors and Underwriting Officers in MLC to ensure consistency and regional expertise · Build thought partnership to drive product strategy and roadmap, appetite expansion, pricing, and service capabilities Leadership & Talent Management · Provides education, development, and guidance to further differentiated capabilities, including claims, risk engineering, product, operations and underwriting talent · Responsible to drive our roadmap both internally and externally – with goal to differentiate The Hartford to grow our business · Champions continuous improvement, routines and capacity management · Develop and assist in onboarding of Underwriting talent (trainees, experienced hires, leaders, etc.) · Leads talent and adjusts to changing workload/demands throughout the year · Champions talent movement in and out of team with proactive succession and talent planning · Champions DEI in all operating routines · Demonstrates transparency and active listening amidst conflict to drive long-term solutions · Open minded, respectful curiosity about others · Aims for an environment of bringing people together Qualifications Bachelor’s degree required: CPCU or other relevant industry designation preferred 8 years Commercial P&C insurance industry experience required, with background and expertise in underwriting loss sensitive and Wrap-ups, product development, and field management Strong industry reputation as both a technical and externally facing market leader Sustaining The Hartford’s unique workplace culture is vital to delivering on our purpose – underwriting human achievement – and continuously producing outstanding results. Our enterprise work model, which reflects a mix of in-office, hybrid and fully remote roles, helps us attract, retain and develop the talent we need to achieve the company’s strategic goals. This role can be performed in either a hybrid or remote work arrangement. Compensation The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is: $134,480-$201,720 Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits Human achievement is at the heart of what we do. We believe that with the right encouragement and support, people are capable of achieving amazing things. We put our belief into action by ensuring individuals and businesses are well protected, and by going even further – making an impact in ways that go beyond an insurance policy. Nearly 19,000 employees use their unique talents in careers that span a variety of disciplines – from developing the latest technology to creating and promoting our products to evaluating future financial risks. We’re also committed to programs that drive education and support volunteerism, which put human beings first. We do it because it’s the right thing to do, and because when our customers, communities and employees succeed, we all do. About Us Culture & Employee Insights Diversity, Equity and Inclusion Benefits Legal Notice Accessibility Statement Producer Compensation EEO Privacy Policy California Privacy Policy Your California Privacy Choices International Privacy Policy Canadian Privacy Policy
- Just Posted
Market Underwriting Director - Health Insurance
- KP Recruiting Group
-
Philadelphia, PA
FULL_TIME
- KP Recruiting Group is a consulting firm that provides leadership and exceptional talent to some of the world’s leading companies. Headquartered in the Midwest, KP Recruiting Group has successfully co...
- 26 Days Ago
Underwriting Director, Wrap- Ups Construction
- The Hartford
-
King of Prussia, PA
FULL_TIME
- Underwriting Director - UQ06CDWe’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity t...
- 8 Days Ago
Area Director
- Young Life
-
Gettysburg, PA
FULL_TIME
- DescriptionYoung Life has operated in the Gettysburg area for the last two decades. There is an existing WyldLife club and ministry beginning at both Gettysburg College and Gettysburg High School. The...
- 9 Days Ago
Area Director/Staff Associate
- Young Life
-
Carlisle, PA
FULL_TIME
- DescriptionThere are nearly 300,000 teenagers of active-duty U.S. military parents who are stationed all over the world. These teens move an average of seven times during their school-aged years. The ...
- 1 Day Ago
Area Director I
- Young Life
-
Newton, PA
FULL_TIME
- DescriptionYoung Life’s area director role requires a dynamic, vibrant personality who will help helm Young Life for a specific area of schools. This person is a self-starter with a high sense of driv...
- 4 Days Ago
Life Underwriting Director jobs at Popular Companies
Director of Underwriting
- TTCU
-
Tulsa, OK
- Position Summary Manage the functions and employees of the Indirect, Consumer and Mortgage Underwriting departments in o...
- 6/2/2024 12:00:00 AM
Contract Surety Underwriting Director
- CNA
-
Westerville, OH
- You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive...
- 6/2/2024 12:00:00 AM
Underwriting Director, Wrap- Ups Construction
- The Hartford
-
King Of Prussia, PA
- Underwriting Director - UQ06CD We're determined to make a difference and are proud to be an insurance company that goes ...
- 6/1/2024 12:00:00 AM
Director of Underwriting
- Global Recruiters of Denver
-
- Join a dynamic team dedicated to shaping the future of underwriting in a challenging yet rewarding environment! Our Fort...
- 5/31/2024 12:00:00 AM
Director of Underwriting
- Tulsa Teachers Credit Union
-
Tulsa, OK
- Position Summary Manage the functions and employees of the Indirect, Consumer and Mortgage Underwriting departments in o...
- 5/31/2024 12:00:00 AM
Underwriting Director
- Hadron Insurance
-
- Location: Remote (Preference for NY or ATL area) About Us: Hadron Specialty Insurance Company is a US Property and Casua...
- 5/30/2024 12:00:00 AM
Director, Commercial Underwriting
- Webster Bank
-
New York, NY
- If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to...
- 5/30/2024 12:00:00 AM
Director of Underwriting - Remote
- Idaho State Job Bank
-
Boise, ID
- Director of Underwriting - Remote at Prime Therapeutics in Boise, Idaho, United States Job Description Our work matters....
- 5/29/2024 12:00:00 AM
About Pennsylvania
Pennsylvania (/ˌpɛnsɪlˈveɪniə/ (listen) PEN-sil-VAY-nee-ə), officially the Commonwealth of Pennsylvania, is a state located in the northeastern and Mid-Atlantic regions of the United States. The Appalachian Mountains run through its middle. The Commonwealth is bordered by Delaware to the southeast, Maryland to the south, West Virginia to the southwest, Ohio to the west, Lake Erie and the Canadian province of Ontario to the northwest, New York to the north, and New Jersey to the east.
Pennsylvania is the 33rd-largest state by area, and the 6th-most populous state according to the most recent of...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Life Underwriting Director jobs
$172,143 to $219,845
Most Popular Cities in Pennsylvania for Life Underwriting Director Jobs
What does a Life Underwriting Director do?
Life Underwriting Director in Lorain, OH
Underwriting is used to get a picture of who you are based on your characteristics, especially how healthy you are (or not).
January 12, 2020
Life Underwriting Director in Hopkinsville, KY
Life insurance underwriters have long relied on motor vehicle records (MVRs) to provide valuable insight into the risks presented by proposed insureds. Many predictive value studies have shown higher mortality rates associated with driving under the influence, reckless driving, suspensions, speeding, and distracted driving. MVRs are a predictive data source that can indicate an individual’s all-cause mortality across a wide spectrum of ages and genders.
February 11, 2020
Life Underwriting Director in Bloomington, IN
Promote underwriting expertise to field distribution.
February 07, 2020