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Designation: Director of Travel Insurance Underwriting in Richmond, VA
Department:   Insurance
Job type:   Full time
Location:   Richmond, Virginia
Salary:   Not specified
Description:    
FILLED

Your Travel Insurance Director of Underwriting Skills are Needed! Relocation Available!

The Director of Underwriting’s primary objective is for the underwriting profitability of the company to meet or exceed budget. The Director of Underwriting is responsible for setting premium rates for the companys insurance and non-insurance programs and negotiating rate decisions with the Sales & Marketing departments (or clients, if necessary) and for approving policy language, pricing and underwriting requirements for all new products. Director of Underwriting is responsible for establishing underwriting guidelines and standard tools for pricing and evaluating results and for managing underwriters and analysts in completing these tasks.

Responsibilities:    
The Director of Underwriting's Responsibilities are as follows:
Rate Setting (Group & Retail Travel, Bank Card, Healthcare)
  • New business
  • Renewal business
  • Rate negotiations
  • Communication with Marketing and other company departments

    30% Development of Pricing Tools
  • Experience studies
  • Expense analyses
  • Trend analysis
  • Review of policies & procedures

    20% Client and LOB Management
  • Account, product, agency-monitoring and performance improvement planning
  • Periodic forecasting
  • Client-specific reporting
  • Special studies and reports

    15% Product Development
  • Terms & conditions
  • Pricing
  • Underwriting criteria

    15% Department Management
  • Hiring
  • Training
  • Coaching
  • Workflow management
  • Inter-departmental relationship management
  • Miscellaneous duties

    WORKING CONDITIONS
  • Normal office environment; some overtime required.

    JOB SPECIFICATIONS
  • Strong analytical skills.
  • Excellent written, verbal and listening skills.
  • Strong interpersonal skills.
  • Excellent organizational skills.
  • Travel insurance knowledge highly desired.

    EDUCATION AND EXPERIENCE
  • Bachelors Degree in business, finance, economics or related field, or equivalent work experience.
  • Ten or more years professional experience in underwriting or product pricing/financial analysis, with a minimum of five years underwriting experience.
  • Minimum of three years management experience.
  • Experience working with reinsurance highly desired.
  • Proficiency in MS Excel and MS Powerpoint.
  • Insurance agent’s license, or FLMI or CPCU designation desired.

    Client offers a base salary plus bonus. Eligible to participate in benefits program including medical and dental insurance, 401K and more.

    For additional positions and information, feel free to visit our website at www.bestheadhunters.com or www.bestinsurancejobs.com for additional positions and free resume posting.

    If you fit these specifications, then you are the candidate Best Headhunters is searching for.

    Best Headhunters is a unique, caring executive search firm that is candidate friendly. Our clients pay all fees related to the executive search. There is never a fee to you, the candidate. We offer complete career coaching and work with you every step of the way to give you the tools you will need to advance your career and increase your value in the workplace. You get instant client feedback, and we will negotiate the best salary and incentive package for you.

    Today nothing is permanent. We live in an uncertain job environment with many mergers and downsizing taking place, so you must be pro active!

  • Key Words:    
    headhunters, insurance headhunters, Richmond, Virginia, VA, underwriting, underwriter, director of underwriting, underwriting director, travel insurance, insurance, underwriting jobs, insurance recruiters, insurance search firms, headhunter
    Contact:   Admin
    Company:   BestHeadhunters.com
    Experience:   4 Year(s)
    Job code:   1357
    Posted on:   08 - 09 - 2010
       
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