Chief Underwriter - Tech E&O

job
  • Selby Jennings
Job Summary
Location
San Rafael ,CA 94911
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
27 Feb 2025
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Job Description
Company Overview:My client, a leading Managing General Agency (MGA) specializing in innovative insurance solutions, is seeking an experienced Chief Underwriter to join their team. This is a fantastic opportunity to work with a dynamic, forward-thinking organization in the growing field of Technology Errors and Omissions (Tech E&O) insurance.Position Overview:As the Chief Underwriter for Tech E&O, you will oversee the underwriting department, ensuring that the organization's underwriting processes are efficient, accurate, and in line with market trends and risks. Your expertise in the technology sector and E&O coverage will be crucial in guiding the team to underwrite profitable, competitive policies, while effectively managing risk. This role requires a strategic thinker, strong leader, and expert in the Tech E&O space.Key Responsibilities:Lead and manage the underwriting team, ensuring optimal performance, adherence to best practices, and development of team capabilities.Oversee the underwriting of Tech E&O policies, ensuring that risks are properly assessed and priced.Work closely with senior leadership to develop underwriting strategies aligned with business goals.Provide expertise and guidance on complex Tech E&O claims, ensuring appropriate coverage solutions are provided.Develop and implement underwriting guidelines and processes that align with industry best practices.Monitor and assess the performance of the portfolio, providing recommendations for adjustments as needed to ensure profitability.Establish and maintain relationships with brokers, clients, and other stakeholders to promote business growth and product understanding.Stay abreast of industry trends, regulatory changes, and emerging technologies to ensure underwriting processes are current and relevant.Mentor and develop team members, providing training and guidance on best underwriting practices and technical knowledge.Qualifications:Minimum of 10 years of underwriting experience, with a focus on Tech E&O insurance.At least 2 years of management experience, with a proven track record in leading and developing teams.Deep understanding of the technology and professional liability insurance markets.Strong knowledge of underwriting guidelines, risk management principles, and industry trends.Excellent communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels.Proven ability to manage a diverse and high-performing team.Strong analytical and decision-making skills, with a focus on profitability and risk management.

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