Chief Underwriting Officer

Chief Underwriter

We are seeking a highly experienced and strategic Chief Underwriter to lead our underwriting team for self-insured workers' compensation clients.

The ideal candidate will have a deep understanding of workers' compensation insurance, pool management, and insurance operations. The candidate should also demonstrate strong analytical skills, and a proven track record in underwriting and risk assessment.

Responsibilities include :

• Lead and mentor the underwriting team, ensuring high performance and professional development.
• Participate on the Sr. Management team and help develop the strategic direction for the company.
• Evaluate and assess the risk of self-insured workers' compensation clients, making informed decisions on coverage and pricing.
• Develop and implement underwriting policies and guidelines to ensure consistency and compliance with regulatory requirements.
• Build and maintain strong relationships with clients, brokers, and other stakeholders to understand their needs and provide tailored insurance solutions.
• Utilize data analytics to monitor trends, identify emerging risks, and adjust underwriting strategies accordingly.
• Ensure all underwriting activities comply with industry regulations and company policies.
• Prepare and present detailed reports on underwriting performance, risk exposure, and market trends to senior management.
• Drive innovation in underwriting practices, leveraging technology and new methodologies to enhance efficiency and accuracy.
• Oversee the management of business pools, ensuring optimal risk distribution and financial stability.
• Manage reinsurance programs, including negotiating terms, securing coverage, and maintaining relationships with reinsurers.
• Underwrite loss accounts, assessing risk and determining appropriate coverage and pricing strategies.
• Develop and manage guaranteed cost workers' compensation programs, ensuring competitive pricing and comprehensive coverage.
• Oversee multi-line underwriting processes, ensuring comprehensive risk assessment and coverage across various lines of business.
• Prepare information for / participate in quarterly earnings calls with WRBC.

May perform other functions as assigned.

This is an in office role based in Minneapolis, MN.

Qualifications include :

Education :

Additional company details :

The company offers a competitive compensation plan and robust benefits package for full time regular employees including : Base Salary Range : $175k-$250k Benefits include annual bonus eligible, health, dental, vision, dental, life, disability, wellness, paid time off, 401(k) and profit-sharing plans. 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.

Additional requirements :