This job was posted by https://illinoisjoblink.illinois.gov : For moreinformation, please see:https://illinoisjoblink.illinois.gov/jobs/12629146 This position willbe a direct report to the President of Commercial Markets Division andwill be responsible for the governance and oversight of the underwritingfunctions for all business units reporting into the Commercial MarketsDivision. This position will serve as the technical property andcasualty underwriting expert and will be responsible for portfoliostewardship. This position will also be responsible for implementation,manage and oversight of the first line of defense audit process thatsupports the enterprises Three Lines of Defense program.

Drive the monitoring, analysis, research, and reporting ofunderwriting trends and best practices for new and existingCommercial Markets Insurance books of business and makingrecommendations as appropriate.Collaborate with internal and external stakeholders to driveconsensus on new product opportunities to grow the CommercialMarkets DivisionAct as the liaison for Commercial Markets with other stakeholdersfor new product opportunities.Lead the identification, researching, and managing of new,problematic, or dislocated markets that are attractive due to ROEpotential or distressed because of limited competition.Implement and monitor Commercial Markets underwriting policies andprocedures.Collaborate with AF Group Reinsurance to monitor risk tolerances andaggregates to ensure compliance with Commercial Markets andenterprise risk guidelines.Serve as a technical expert and consultant on responses to questionsand concerns from internal and external stakeholders.Represent Commercial Markets and the enterprise on variouscommittees and events as necessary both internally and externally.Manage the 1st Line of Defense to ensure Underwriting Standards Practices and Compliance are consistent with enterprise bestpractices and workflows.Work closely with actuarial, reinsurance and business unit leadersto implement and influence pricing positions and underwriting riskappetite.Assess training needs for underwriters and collaborate with otherstakeholders to design and implement training sessions for fieldstaff.Collaborate with Specialty Lines Division and Corporate Underwritingwhere applicable to ensure consistency in areas that are consideredstandard practices.EDUCATION

Bachelor's degree requiredEXPERIENCE

Ten years of experience.Five years of leadership experience.Influenced company's processes and procedures for determining andimplementing pricing.Determined prices for various products.Negotiated and priced large, complex accounts.Developed unique policy features for a customized product.Compared features of many competitors to improve the productsofferings.Contributed to development of new product; and led projects throughproduct development cycles, deliverables and time frames workingwith related departments and work groups.QUALIFICATIONS

Expert knowledge of the underwriting discipline and evaluation ofunderwriting performance based on financial analysis including rate,reserve adequacy, operational, planning and product reviews.

Excellent analytical, organizational, and problem-solving skills, andmanagerial level skills in managing ambiguous situations and issues.Ability to diagnose and develop recommendations to solve unique businessunit and customer problems.

Knowledge of the property and casualty industry and practices withrespects to legal, regulatory, and administrative procedures; tools andtechniques for assessing exposure, risks, trends, pricing, and portfolioanalysis at various levels.

Knowledge of finance, accounting and actuarial concepts and practices asapplied to commercial multiline insurance; understands financial andactuarial tools and standards; can access and understand major corporatefinancial reports; can describe key issues of various financial units;and is aware of financial goals and measures of key competitors.

Knowledge of effective rate reviews/rate changes. Effective analysis ofstate rate needs, recommendations, ability to gain consensus andimplementation within responsible departments and operating units.

Knowledge of practices, tools, and techniques to attract, retain andservice target customers, maximizing company profit objectives.

Knowledge of policy language and endorsements to tailor new ormanuscript coverages to meet customer's needs.

Knowledge of reinsurance activities, processes, tools, andconsiderations.

Demonstrated drive, determination, and persistence to achieve annualrevenue targets.

Action-oriented approach to solving business problems.

Demonstrate a high degree of trust through demonstrated personalintegrity, ethics, and a commitment to doing the right thing.

Ability to proactively recognize opportunities to achieve the bestresults.

Ability to create a positive working environment within unit. Seek outopportunities that further develop,