genesis-2

Director, Financial Institutions, Management Liability

New York City, New York

Our client is a Fortune 100 company and has a long-standing history in the insurance industry with covering financial institutions and management liability risks. We are looking for a Director of Financial Institutions, Management Liability to join their team.

Title: Director of Financial Institutions, Management Liability

Location: New York, New York

Overview: The Director is responsible for a team of professional level underwriters (about 4). Overall, this individual will develop and implement underwriting strategies for the team and direct associates according to the agreed-upon goals, budgets, and guidelines.

Functions:

  • Oversees the development and implementation of underwriting guidelines, rates, forms, and product endorsements and procedures.
  • Instructs and guides the general agency, brokerage relationships/results, and recommends corrective action if necessary.
  • Monitors and approves rates, forms, and endorsement filings.
  • Regularly visits with general agents/brokerages.
  • Approves accounts which exceed underwriting staffs' authority due to level of complexity, premium, and class of business or coverage provided.
  • Administers and participates in discussions with reinsurers verifying the appropriate use of all reinsurance facilities used by the department, including various treaties, semiautomatic and facultative reinsurance.
  • Communicates and interacts with all departments of the company including communicating regional and/or brokerage initiatives and goals.
  • Directs associate management including: performance management, salary planning and administration, training and development, workflow and organizational planning, hiring and placement, and disciplinary actions.

Requirements:

  • Bachelor's degree in finance, accounting, economics, and/or risk management. Masters degree preferred and JD a plus.
  • 8+ years experience with D&O and/or E&O underwriting as well as leadership experience within D&O or E&O lines preferred.
  • Excellent verbal and written communication skills as well as ability to direct and lead individuals.
  • Highly adaptable to new trends, software, technology, and complex insurance risks. Ability to implement new trends.
  • Experienced in Microsoft Word, Excel, and Outlook.

Pay: Generous Bonus Structure. Salaried Position with Benefits. Contact Recruiter for More Info.

About Genesis

 

CAREER ELEVATION

At Genesis, we have become experts at helping people grow their career. Our goal is to help support your ability to leverage your skills in order to capitalize on current and future opportunities in the marketplace. The relationships with have with individuals in the marketplace is crucial to our success.
We realize that today"s individual in need of a new opportunity is tomorrow's client partnership. We grow our business through assisting people in their career search efforts. From creating a resume, building a network or just making an introduction; our goal is your goal - a successful career that will support your lifestyle.
If you are great at what you do then you don't have time to be keeping up with your current market value. Most of the time, you don"t really have a need to look at what"s available in the marketplace. That's why you should stay in contact with Genesis Resources. We will help you Leverage your skills, Grow your career and Capitalize on opportunities in the marketplace. We will help you do this without having to take your focus away from your responsibilities at your current employer!