Underwriting Director directs and implements underwriting strategy, operations, and policy development for product lines. Ensures profitability, growth, and efficiencies that align with the organization's goals and objectives. Being an Underwriting Director establishes financial control guidelines, tools, administrative standards, and best practices. Researches competitors and market conditions to develop and maintain risk selection criteria and methods that support sound risk management. Additionally, Underwriting Director requires a bachelor's degree. Typically reports to top underwriting executive. The Underwriting Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Underwriting Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.
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