Underwriting Director, Professional Liability

POSITION OVERVIEW:

Underwriting Director, Professional Liability will report to the Vice President Speciality Products and is responsible for driving the growth of TriPoint's professional liability insurance solutions within the Navacord Broker Partner group. This individual brings in-depth knowledge of the customers, effective knowledge of underwriting, products being offered and team leadership. The Underwriting Director, PL collaborates closely with the VP Specialty Lines to ensure the delivery of market leading professional liability solutions. The individual will be responsible for promoting TriPoint's professional liability underwriting capabilities to our Navacord partners.

RESPONSIBILITIES:

To support the organic growth strategy of TriPoint by working on the following initiatives:

•Manage delegated underwriting authority for specialized Professional Liability binders with Lloyd's of London, international and domestic carriers, which include miscellaneous E&O, architects and engineers E&O, technology E&O and lawyers E&O accounts.

•Achieves professional liability portfolio profitability and growth goals through the execution of an annual strategic plan including specific underwriting, pricing, retention, service, and expense plans, governed by the parameters of the organization's underwriting philosophy and strategy.

•Strengthen, maintain and negotiate relationships with new and existing carriers, brokers, and industry business partners to drive Navacord exclusive product enhancements, TriPoint operational performance and overall revenue growth.

•Lead and support professional liability renewals, referrals and new business at TriPoint and within Navacord.

•Underwrite large and/or complex professional liability accounts to generate profitable growth for TriPoint.

•Leverage advanced portfolio analytics to monitor loss performance, identify claims trends and make proactive recommendations to steer the professional liability portfolio to annual and long-term sustainability and profitability goals.

•Lead Professional Liability product development to ensure competitiveness of TriPoint in the marketplace and negotiate updates to underwriting guidelines in response to key performance indicators to our delegated authority partners.

•Establish and implement an effective professional liability cross sell strategy between TriPoint and Navacord that includes financial metrics, education and training, process workflow, and relationship building

•Coordinate Navacord broker learning opportunities by creating and accrediting broker presentations on Professional Liability topics including underwriting risk, industry exposures, policy wording overview and claims outcomes.

•Lead the implementation and monitoring of professional liability underwriting activities to reduce inefficiencies and drive process improvements with technology platforms such as broker portals, LLMs and other emerging technology tools.

•Support and at times, oversee the preparation of marketing as required.

•Identifying recommendations and improvements in technical underwriting that help with efficiency and effectiveness of underwriting business processes, workflow and best practices through the development and implementation of solutions focused on optimizing resource utilization.

•Lead, coach, and mentor underwriting teams, fostering a culture of collaboration, innovation, and continuous improvement. Champion change management initiatives to optimize workflows and drive operational excellence.

REQUIREMENTS:

•Minimum 10 years underwriting experience, specifically professional indemnity underwriting, with exposure to international carriers preferred

•Experience within the insurance industry, preferably at a Managing General Agent

•Demonstrated success managing delegated authority contracts and underwriting for Lloyd's of London and other international carriers, with established relationships across global insurance markets.

•Proven track record in exceeded sales targets and portfolio management of misc E&O, A&E E&O, Tech E&O and Lawyers E&O accounts

•High proficiency in MS Office programs

•Ability to work independently and within all levels of the organization within an entrepreneurial environment

•Exceptional communication, influencing and collaboration skills required to affect change and to build effective working relationships

•High attention to detail

•Self-starter with excellent communication (written & oral) and organizational skills

•Excellent interpersonal/relationship building skills and team-oriented mindset

•University degree and applicable insurance designations required (CIP, CAIB, FCIP, CRM, R.I.B.O., etc.)

Navacord is actively committed to support diversity, equity, and inclusion. We serve and recognize and respect human differences and similarities. We value the diversity of people and actively encourage women, indigenous peoples, members of visible minorities, people with disabilities, and lesbian, gay, bisexual, transgender, and queer (LGBTQ2+) persons to apply. We are committed to providing accommodation upon request for applicants and employees with disabilities. If you require accommodation, we will work with you to meet your needs.

Job Type: Full-time

Pay: $110,000.00-$130,000.00 per year

Work Location: Hybrid remote in Toronto, ON