Job Information
Marsh & McLennan Cos SVP, Property Underwriting Leader in Broomfield, Colorado
Founded in 1998 and based in Broomfield, Colorado, ICAT is a leading provider of property insurance protection to homeowners and businesses located in hurricane- and earthquake-exposed regions of the United States. ICAT draws from highly specialized underwriting expertise and advanced technology tools to offer brokers and their clients market-leading catastrophe coverage. Along with its subsidiary, Boulder Claims, ICAT's inherent promise to policyholders is to assist people and businesses as they recover from disasters. ICAT programs currently protect over 85,000 homeowners and business owners in catastrophe-exposed regions of the US.
ICAT is seeking a dynamic Property Underwriting Leader, Senior Vice-President to lead ICAT's property expansion and act as a resource and mentor to the Underwriting team across all products. This position will report to the President of ICAT.
What can you expect?
The SVP, Property Underwriting Leader will have expertise in a broad spectrum of property products in order to expand/launch products, drive underwriting profit and growth and provide expert technical knowledge and advice to the underwriting department. Perils including Catastrophe risk (Hurricane, Earthquake, Flood, Wildfire and Severe Convective Storm) and All Other Perils. Products may be geared toward: Middle Market Commercial, Small Commercial, High Net Worth individuals and standard homeowner
This role is ideal for a strong underwriting leader with focus on growing and expanding the business.
What is in it for you?
A company with a strong brand, with experience developingsolutionsfortodays and tomorrow's toughest challenges
A culture of internal mobility, diversity, inclusion, and collaboration
Employee Resource Groups which provide access to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations
Flexible work opportunities for work/life balance
Competitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance); plus a fixed company contribution AND a company match on your 401k, after one year of service
We will count on you to:
Lead an underwriting team in order to provide technical expertise to achieve company goals for growth and profit in a sustainable fashion
Create growth strategy, identifying areas of opportunity to expand and launch new products
Define underwriting guidelines across various products and partner with operations to ensure service standards are maintained
Provide exceptional service to our brokers and carrier partners
Effectively negotiate terms and conditions with brokers
Drive efficiencies and process improvements with a digital focus
Explore/expand distribution channels alongside the distribution team
Motivate, train/educate a high performing team
What you need to have:
Bachelor's degree in business or finance or equivalent education and work experience
Twenty plus years related property insurance underwriting experience and/or training, with previous work experience as senior underwriter or equivalent
Ability to lead an underwriting team without direct reporting responsibly
Proven track record in driving and transforming the business
Experience developing and launching new programs into the market space
Established network of management, underwriting, insurer and broker contacts
Experience with digital platforms and driving results through automation
Proven leadership experience with focus on growing and developing team members to drive for outstanding results and create inclusive environment
What makes you stand out?
Professional insurance designation preferred
Experience working on in a fast paced, agile envir nment with competing priorities and multi-faceted transformational projects
Self-starter with a sense of urgency