Director

  • 38388
  • Non-Life - Underwriting
  • |
  • Manitoba, Canada
  • |
  • Oct 19, 2020
Insurance
RESPONSIBILITIES
  • Accountable for the financial results of the property and casualty portfolio for which they are responsible.
  • Leads a team that directs and supports the Regional teams with guidance and referrals.
  • Acts as the key point of contact for Management on the product portfolio for which they are responsible.
  • Responsible for all investments in strategic projects designed to support execution of product strategies.
  • Establishes the strategic direction for the Company's product lines for RPOC approval, including portfolio of products, pricing, and monitoring of operational execution through premium leakage review and portfolio analysis.
  • Collaborates with leaders of the business units he/she leads to support the development of product strategy, performance metrics, and operational plans related to product lines.
  • Supports the ongoing business transformation, and provides guidance on product, pricing, quality, and portfolio management decisions.
  • Maintains an in-depth knowledge of market and product trends, the competitive environment, regulatory actions and decisions and rallies the appropriate team to formulate and implement a response where required.
  • Provides guidance on resolution of claims issues in exceptional cases, in consultation with claims and executive leaders.
  • Works in close collaboration with Regional Teams.
  • Creates the rate and product change schedule, in collaboration with the Actuarial Pricing leaders, and manages the analysis and implementation of product and rate reviews to drive financial results.
  • Develops and enhances productive business relationships by liaising with internal and external stakeholders.
  • Oversees the development and maintenance of underwriting guidelines and procedures.
  • Develops and maintains contractual agreements with outside service providers.
  • Collaborates with reserving actuaries and claims to ensure accurate reserve setting.
  • Develops, coaches/mentors and manages the performance of direct reports, including identification of areas for improvement, and the development of performance improvement plans to ensure achievement of business, functional and individual goals.
  • Provides leadership to attract/retain high quality talent, including appropriate employee communication, sound structure/processes, etc.
  • Creates an environment that encourages productivity, collaboration, teamwork, a high level of professionalism, learning and development and a culture of profitable growth across the products business unit.
QUALIFICATIONS
  • Minimum of ten years Property and Casualty industry experience.
  • University Degree in business, actuarial science or another relevant discipline.
  • Completed CIP or equivalent Property and Casualty industry designation.
  • Experience in underwriting operations would be an asset.
  • 3+ years of experience effectively leading a team undergoing business transformation, including process and technology change.
  • Comfortable working in a fast paced and dynamic environment in which he/she is leading organizational change.
  • Strong management and leadership skills with the ability to build and maintain effective relationships and motivate and engage team members.
  • Strong analytical, quantitative and critical thinking skills, with the ability to conduct detailed analysis of information, and to select and implement best solutions in a timely manner.
  • Strong communication and presentation skills, with the ability to communicate at the right level for the audience.
  • Strong negotiation skills with the ability to present information or arguments in a convincing manner.
  • Strong planning and organizing skills, with the ability to develop and prioritize effective plans that define activities, resources, timelines, and cost estimates.
  • Ability and willingness to travel.