AVP/VP Underwriting Builders Risk

At DUAL North America, our core values dictate how we live and work. We are a group with independence and people at its heart and we are a home for talent with a unique culture: the biggest small company in the world.

The focus on being a People First business has always been at the very heart of the Group; Our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the Group has been and will continue to be key.

DUAL North America, Inc. is seeking a AVP/VP Underwriting Builders Risk

• Classification: Exempt/Full-time

• Reports to: SVP Underwriting or above

• Travel: Up to 30% or more

• Salary: $140,000.00- $200,000.00

Role overviewDUAL North America is seeking an AVP/VP Underwriter for the Builders Risk division.

At DUAL, AVP/VP Underwriters play a critical leadership role in defining the underwriting strategy and fostering new broker relationships. In this role, you will act as the subject matter expert in wood frame builders risk project evaluation and underwriting, manage a team of 1-5 through the employee lifecycle, and own profitable portfolio growth.

Leading a team of underwriters within the builder’s risk division, you will work with the division president and other team leads to manage the underwriting direction for the national construction portfolio, train and oversee junior underwriters including referrals for team members, and oversee strategy for large ,complex projects. This role includes executive oversight of broker relationships, profitability targets, and cross-functional alignment with product, claims, and actuarial.

Role responsibilities

• Manage and grow your own portfolio of projects evaluating risk and utilizing and maximizing our carrier capacity within carrier agreements and underwriting guidelines

• Train and foster careers of Associate Underwriters and Underwriters within the team

• Manage a small to mid-sized team and be responsible for performance evaluations, hiring and recruiting, and termination decisions

• Define team production goals that align to division goals, and drive execution in a hands-on fashion

• Review referrals from team members

• Curate a portfolio of business in accordance with Underwriting Guidelines and prescribed pricing tools within UW guidelines; may provide input to governance and defining underwriting guidelines

• Owns division level projects or initiatives outside of direct area of expertise to gain knowledge and exposure to larger organizational operations

• May manage budget for a small team or portion of the division, including staffing and T&E costs

• Working level knowledge of capacity and expectation to build relationships with capacity providers

• Act as Subject Matter Expert for their respective business to peers and leadership and those within their team

• Demonstrates advanced understanding of technical underwriting principles and risk underwriting characteristics which will include more nuanced risks in the wood frame and renovation market, deployment of capacity limits, and managing pricing cycles.

• Execute on annual new business goals by achieving agreed premium income and hitting quote numbers with desired hit ratios, and ensuring the team is executing on these goals as well

• Foster and build new relationships with key producers – expectation is to gain more business and place it

• Underwriting Authority: Has Underwriting authority as outlined in LOA

Key requirements

• Bachelor’s degree in risk management, psychology, criminal justice, mathematics, finance, business, or a related field preferred

• 5-12 years of relevant underwriting experience

• Demonstrates a naturally inquisitive mindset with a strong desire to understand processes, solve problems, and improve outcomes.

• In-depth understanding of technical underwriting principles and risk assessment...