VP of Underwriting
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VP of Underwriting leads and directs underwriting strategy, operations, and policy development across product lines. Ensures profitability, growth, and efficiencies that align with the organization's goals and objectives. Being a VP of Underwriting 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, VP of Underwriting requires a bachelor's degree. Typically requires Chartered Life Underwriter (CLU). Typically requires Fellow Life Management Institute (FLMI). Typically reports to top management. The VP of Underwriting manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a VP of Underwriting typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
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