Managing Director, Multinational

Managing Director - UQ06CB

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.   

         

The Hartford is seeking a highly skilled Multinational Managing Director, who is responsible for the following:

Responsibilities:

• Maintain and ensure the quality and integrity of Underwriting decisions for Multinational including: risk selection, risk evaluation, pricing policy, program structure and terms & conditions
• Strategy Framework/Roadmap, internal networks and alignment with key specialized brokers
• Establish, review, maintain and refresh underwriting policy including referral and authority standards, delegation and procedures
• Establish, maintain and refresh underwriting appetite in partnership with Product and Actuarial
• Manage CAT exposures and reinsurance treaty participation at direction of CUO and aligned with Corporate philosophy
• Establish and maintain efficient underwriting process in partnership with operations, IT and underwriting
• Maintain and ensure thoughtful process to understand, underwrite, educate and communicate emerging risks impact on underwriting strategy and execution.
• Understand total risk profile of portfolio to include all current and prior risk
• Identify trends in performance to set future strategy and develop recommendations for improvement/corrective actions
• Work closely with field leadership to garner full view and understanding of external marketplace trends, anticipate customer needs and recommend proactive actions for product, appetite and process
• Deploy and manage quality and compliance standards and refine as necessary to maintain integrity of portfolio
• Work closely with learning team to address continuing education needs and educational opportunities
• LLA – assure lessons learned from large losses

  

Financial Responsibilities:

• Steward the countrywide underwriting health of the portfolio in total and by product

• Responsible for profit and net rate planning and execution
• Manage pricing, including retention and new growth relative to differentiation, loss cost trends and outlook targets
• Assist the Head of Multinational with forecasting and monthly reporting
• Participate in planning process in partnership with Business, Product and Actuary and Industry
• FAC RE and treaty special acceptance decisions and process

Product/Actuary Responsibilities:

• Responsible for establishing and maintaining close partnership with Product and Actuary to inform business and anticipate actions on pricing trends, loss reserve trends, threats and opportunities

• Develop Industry and LOB strategies to advance profitable growth including industry-specific form enhancements
• Responsible for planning process portion that includes product and actuary outlook inputs
• Guide Product and IT teams on any Multinational needs or enhancements

Talent:

• Advance Multinational’s underwriting talent agenda for exceptional underwriting community, collaboration and cross sell skills and routines, mentoring career paths
• SME for advanced learning investments including collaboration with network partners
• Maintain and ensure the technical acumen (coverage, limits, program structure) of underwriting staff in every line of business in scope
• Accountable for Underwriting Authority delegation and execution
• Formalize training process and routines for new hires

Distribution:

• Provide input to underwriting strategies and practices with specific distribution partners as needed
• Develop and nurture BU strategic alliances with distribution partners and clients
• Maintain/develop an external industry presence

  

Strategic:

• Partner with Head of Multinational in strategic roadmap for future of business
• Work closely with all Underwriting Officers in MLC

  

Leadership:

• Responsible to lead and accountable for development and coaching of all underwriters in the Business Unit
• Lead U.S. incoming desk for business written on behalf of Network partners
• Accountable for low-end portfolio, with both direct and indirect influence

• Responsible to drive our Multinational roadmap both internally and externally – with goal to differentiate The HIG and risk – to grow our business

Compensation

The listed annualized base pay