VP, Technology E&O and Cyber - Berkley

Company Details:

 

We are a global insurance provider offering property, casualty and professional insurance coverage for clients with technology exposure and technology firms worldwide.

Responsibilities:

Serve as the strategic, operational, and motivational leader of Underwriting in support of delivering profitable growth and providing excellent community, employee, and customer relations.

 

Product Management Leadership

• Management and oversight of the Technology E&O and Cyber line of business. This includes managing and ensuring financial initiatives are met on an annual basis.  Those initiatives include profit, premium retention, growth and rate for the Technology E&O and Cyber line of business.
• Work with CUO on developing and maintaining proprietary coverage forms and endorsements and work closely with legal, claims and regulatory staff to ensure program needs are met.
• Create and update applications to ensure proper selection and pricing.
• Work with Actuarial to manage and monitor overall pricing practices and rate targets.
• Development and execution of marketing materials.
• Establish and manage underwriting guidelines and procedures.
• Recommend underwriting authority to CUO and monitor compliance.
• Continually work with legal, actuarial, and claims to maintain familiarity with current issues and trends that impact our business.
• Work with CUO, President and Corporate Reinsurance on treaty reinsurance coverage placement and adequacy.
• Keep abreast of competitor products and create internal product comparisons for our underwriting team.

Underwriting Management

• Provide leadership and direction on business opportunities, pricing, retention analysis, loss control needs, and account stewardship.
• Identify product experts within each territory to mentor on an ongoing basis.
• Conduct audits for quality control and conduct training where needed.
• Establish key metrics, which are to be monitored, managed and reported monthly.
• Coordinate sales and marketing efforts with field underwriting leadership.
• Conduct SOX testing and documentation.
• Manage vendor relationships with Moxfive, Netdiligence and Bitsight.

Training and Education

• Create training materials to present both internally and externally.
• Provide internal and external training and education to our underwriting team members and producers on our products and capabilities.
• Provide ongoing education to our underwriting team relating to professional and cyber industry exposures.

Additional Marketing-Related Functions

• Visit and develop rapport with producer partners, as appropriate.
• Provide product presentations in person or via web call as appropriate.

 

May perform other functions as assigned

Qualifications:

• Minimum of 7 years of professional liability underwriting experience.
• Product management experience.
• Strong decision-making skills.
• Strong verbal and written communication skills.
• Ability to lead and motivate staff and with a successful track record of doing the same.
• Strong interpersonal and leadership skills.
• Understanding of trending, development, and pricing and experience partnering with Actuarial.
• Excellent PC skills and a working knowledge of Windows environment.
• Experience with “paperless” underwriting file workflow systems preferred but not required.

• Four-year college degree or equivalent experience

 

Additional Company Details:The Company is an equal employment opportunity employerWe do not accept any unsolicited resumes from external recruiting agencies or firms.The company offers a competitive compensation plan and robust benefits package for full time regular employees.The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.https://www.berkley-tech.com/Additional Requirements:Travel: Occasional travel, some overnight.Sponsorship Details:Sponsorship not Offered for this Role