This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/11903275 This position is
responsible for new market development, new product development and
existing product enhancements from a commercial property and casualty
technical underwriting perspective. This position serves as a commercial
property and casualty technical underwriting expert in a commercial
multi-line environment and will be involved with supporting the goals
and implementing best practices for all operating units and the
Enterprise as a whole. This position exercises broad discretion and
judgment and provides enterprise-wide operational consistency, integrity
and oversight. This position performs work in support of multiple
initiatives, lines of business and/or products. This position manages
highly complex business processes and/or improvement efforts across
multiple departments or lines of business.
RESPONSIBILITIES/TASKS:
Assists in aggressively identifying, solving and managing / re-directing
problem markets.
Responsible for Analyzing, researching and reporting on underwriting
trends, issues, laws, rules, regulations and best practices, and
provides recommendations as appropriate.
Analyzes current and potential book of business and provides appropriate
reports and recommendations.
Assists in the development of enterprise underwriting policies,
procedures and best practices.
Assists in the implementation and monitoring of policies, practices,
procedures and workflows.
Identifies and establishes strategy for quality control to ensure
consistency with best practices and workflows.
Outlines improvement opportunities and coaches\' management on ways to
improve.
Participates in the identification, preparation and presentation of
training and programs at an Operating Unit and Enterprise level.
Serves as a technical expert and consultant in Corporate Underwriting on
responses to questions and concerns for all operating units.
Serves as an advisor on responses to questions and concerns from
operating units and others on premium audit issues and Bureau inquiries.
Analyzes and reviews accounts above the authority limits of Operation
Unit managers and underwriters and makes determinations on pricing and
programs, as needed.
Collaborates with enterprise operating units and Corporate Underwriting
in furtherance of enterprise cost containment strategies as necessary.
Represents Product Management & Corporate Underwriting and the
enterprise, on various committees and events as appropriate and
approved.
Conducts underwriting due diligence assignments, as needed.
Performs special projects, as assigned. Provides evaluation and input
regarding effectiveness of departmental programs and projects.
Maintains confidentiality of all information processed.
Leads the research, analysis and implementation of new or existing
product ideas, market development, and product enhancements, including
creating supporting business cases, designing solutions, and
implementing innovative products for multiple commercial lines of
insurance.
Responsible for the ownership and execution of the overall product
strategy, new product and business model innovation, including
developing white papers, proposals for action or implementation plans.
Evaluates the cost benefit of market opportunities and product
initiatives and recommends actions based on evaluation, including
identifying product improvements for complex product and policy
construction considerations.
Plays a key role in the development of short and long term strategic
product & underwriting strategies in support of AF Group\'s business and
profitability goals.
Develop new product ideas, review existing and drafts new coverage
language, executes to the Product Development Life Cycle.
Responsible for creating best practices, underwriting guidanc and
training to engage enterprise.
Responsible for managing key compliance and regulatory relationships to
include Product Objection Management.
Serves as a key contact for developing and implementing new products or
organizational practices specific to the product.
Maintains Expert knowledge including state regulations, compliance,
coverages, operational processes, underwriting criteria and system
application and tools.
Supports complex ISO, NCCI based and proprietary changes. Coordinate
with business partners to develop complete filing packages.
Apply expert guidance and insight related to more highly regulated
states / complex filings.
Research and approve complex updates and changes to ISO, NCCI,
Regulatory product updates, applying expert knowledge, problem solving
skills and judgment. Recommend actions based on regulatory changes.
Research, access and communicate risk of ISO, NCCI, Bureau, Regulatory
noncompliance due to technical constraints and other operational issues.
Collaborate with business partners and leadership to resolve
noncompliance issues.
Collaborates with and serves as liaison between Product Development,
Innovation and Corporate Underwriting, with Enterprise Operating Units.,
including Accountability/Oversight for the Product delivery of Functio