VERISK ANALYTICS INC Chief Underwriting Officer Salary in the United States

Chief Underwriting Officer leads and directs the overall 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 Chief Underwriting Officer 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, Chief Underwriting Officer requires a bachelor's degree. May require certification as a Chartered Property Casualty Underwriter (CPCU) or Chartered Life Underwriter (CLU). Typically reports to top management. The Chief Underwriting Officer manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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