The Vice President of Underwriting develops all underwriting procedures and employs new practices. Directs and oversees all aspects of an organization's underwriting function. Being a Vice President of Underwriting requires a bachelor's degree. Coordinates work between home office, field underwriting, and field sales force. In addition, Vice President of Underwriting typically reports to top management. The Vice President of Underwriting 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.
The Vice President of Underwriting is responsible for overseeing the underwriting process within an organization, ensuring that all policies and procedures are followed and that risk is properly assessed and managed. They work closely with underwriters to review and approve complex or high-value insurance applications, providing guidance and support as needed. Additionally, they may be involved in developing underwriting strategies, setting underwriting guidelines, and monitoring the performance of the underwriting team to ensure that business objectives are met. The Vice President of Underwriting also plays a key role in building and maintaining relationships with brokers, agents, and clients, and may be involved in negotiating terms and conditions for large or complex accounts. Strong leadership, analytical, and communication skills are essential for this role.
Group Branch Vice President plans and directs a retail branch network's financial, sales, and service performance. Establishes the strategy, goals, and performance levels required to meet the organizational objectives. Being a Group Branch Vice President uses financial and customer metrics analysis to identify opportunities, understand customer needs, and target the resources needed to achieve goals. Develops a relationship-building sales culture and standards for exceptional customer service that drives sales with focused coaching, training, and incentives. Additionally, Group Branch Vice President creates cross-functional collaboration to provide customers seamless support for product and service needs. Leads regional civic activities to promote the visibility and positive presence of the bank. Requires a bachelor's degree. Typically reports to senior management. The Group Branch Vice President 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 Group Branch Vice President typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
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The Vice President of Life Underwriting develops and implements plans and procedures regarding risk management, application and renewal, acceptance and rejection. Manages all aspects of the life underwriting business line. Being a Vice President of Life Underwriting requires a bachelor's degree. Keeps abreast of any changes to medical progress and regulations which pertain to life insurance products. In addition, Vice President of Life Underwriting typically reports to Top Underwriting Executive. The Vice President of Life 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. Comprehensive knowledge of the overall departmental function. Working as a Vice President of Life Underwriting typically requires 8+ years of managerial experience.