VP-Underwriting

Title: VP - Underwriting

FLSA Status: Exempt

Job Family: Underwriting

Department: Underwriting

Location: Corporate Office (Fort Wayne, IN)

JOB SUMMARY
Responsible for providing strategic leadership for the company by working with the Chairman and President, Senior Vice President, Board of Directors, and fellow Executive Team members to establish long-range goals, strategies, plans, budgets, and policies. The Vice President is also responsible for effectively directing and leading the Underwriting functions of the Company.

POSITION ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Serve as a strategic adviser to the Chairman and President, Senior Vice President, Board of Directors and company leaders with respect to new and emerging trends, opportunities, threats and company alternatives and initiatives. This includes focusing on long term trends and outlook, and competitive intelligence.
• Connect with company agents, key accounts and prospects to build relationships and to convey information about trends, company philosophy and product/service information to these constituents.
• Exemplify the corporate mission and core competencies expected of an officer of Brotherhood Mutual.
• Execute the corporate strategy by working collaboratively with other Executive Team members and ensuring the strategy is communicated to all within the Underwriting department. Ensure strategic actions are completed at various levels to achieve desired results.
• Provide leadership, development, and oversight to the employees of the Underwriting department.
• Prepare budgets annually for the Underwriting Department and maintain costs within established budget parameters.
• Direct underwriting activity to assure that the risk selection and limits of liability are within established guidelines and reinsurance treaties.
• Direct the establishment of policies and procedures that ensure quality service, fair dealing and regulatory compliance relating to the underwriting process.
• Monitor and maintain within established guidelines, underwriting related benchmarks (such as written premium growth rates, risk ratios, retention ratios, closing ratios, customer satisfaction, etc.).
• Participate as needed in the resolution of complex insurance quotations.
• Direct the training, development, advancement, and empowerment of Underwriting Department personnel to attain their career goals while furthering the company mission.
• Assist in training personnel from other departments on underwriting related matters.
• Identify and implement new and innovative systems, procedures, or methods that facilitate prompt, fair, and effective issuance of insurance quotations; improve the customer experience; and enhance the ease of doing business with our agents.
• In cooperation with Underwriting Department management and Human Resources, evaluate performance and manage compensation within established parameters of Underwriting Department personnel.
• Complete other projects as assigned.

KNOWLEDGE, SKILLS, AND ABILITIES
The requirements listed below are representative of the knowledge, skills, and/or abilities required to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Must possess broad knowledge of Brotherhood Mutual, ACG, and MinistryWorks company operations.
• Advanced knowledge of underwriting principles and practices, policy forms and endorsements, and a basic knowledge of rating.
• Must be able to make independent decisions.
• Must be able to develop creative solutions to problems and be comfortable working in a fluid environment.
• Must have the ability to motivate and lead others.
• Must have strong oral and written communication skills and demonstrate the ability to communicate complex information in an understandable manner.
• Must have the ability to handle difficult and confrontational situations in a diplomatic manner and use negotiation skills in the resolution of underwriting and agency differences.
• Must be able to represent the company in a professional manner.
• Must have the ability to effectively present information to small and large groups of people in both formal and informal settings.
• Must have the ability to instruct and train others.
• Must be able to access, input and retrieve information from a computer and have a thorough understanding of all automated Underwriting processing systems and workflows.
• Must have the ability to make sound underwriting decisions relative to property and casualty acceptance, pricing and coverage.
• Effectively interface with external contacts, Brotherhood employees, managers, and department staff members.

EDUCATION AND/OR EXPERIENCE

• Must have a bachelor’s degree.
• Must have the CPCU designation.
• Must have at least 10 years of experience in Insurance Underwriting.
• JD, MBA, or equivalent degree is desired.
• Successful track record in underwriting with at least ten years of experience in the field is desired.
• Five years of management experience is desired.

Terms and Conditions

This description is intended to describe the general content of and requirements for the
performance of this position. It is not to be construed as an exhaustive statement of duties,
responsibilities, or requirements.

Because the company’s niche is the church and related ministries market, and because effective
service requires a thorough understanding of this market, persons in this position must be
familiar with church operations and must conduct themselves in a manner that will neither
alienate nor offend persons within this target niche.

Brotherhood Mutual Insurance Company reserves the right to modify, interpret, or apply this
position description in any way the company desires. This job description in no way implies that
these are the only duties, including essential duties, to be performed by the employee occupying
this position. This position description is not an employment contract, implied or otherwise. The
employment relationship remains “at-will”.