AVP, Financial Institutions Management Liability Underwriting

Crum & Forster Company Overview

Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A+"(Superior) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.

Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the 2024 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.

C&F is part of Fairfax Financial Holdings, a global, billion dollar organization.  For more information about Crum & Forster, please visit our website: www.cfins.com.

Job Description

Assistant Vice President – FI Underwriting – Job Summary (Can be located in Chicago area or California remote)

 

Summary         

Responsible for review and analysis of underwriting data to build and maintain a profitable book of business within applicable department under minimal supervision.  Manages agency relationships through continued customer service and marketing activities.  Implement business plan in accordance with the Business Insurance Group’s underwriting direction, standards and goals. Actively contributes as a technical expert in both underwriting activities and department-specific industry knowledge.  May lead and mentor a team of underwriters to build organizational value.  Collaborate with colleagues to achieve divisional goals.

 

Minimum Duties & Responsibilities               

• Implements strategy to drive profitability, retention, and written premium goals of the department in conjunction with the Vice President and/or Senior Vice President.
• Manages team and/or territory to help achieve departmental goals
• Makes independent decisions within underwriting letter of authority and maintains proper file documentation.
• Develops annual business goals for assigned agents/producers. Responsible for analyzing results and maintaining accountability of agency partners within the department.
• Maintains awareness of market trends and identifies emerging threats to the department.
• Has an in-depth knowledge of department products and services.
• Can clearly articulate the department’s value proposition.
• Drives training, initiatives and projects.
• Travel required.

Recommended Education & Requirements             

• Bachelor's degree and 10+ years of management and Financial Institutions D&O/Fiduciary underwriting experience. Advanced degree a plus.
• Technical knowledge and skills reflective of progression of positions of increasing responsibility.
• Demonstrates strong presentation skills and a solutions and service orientation.
• Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines.
• Possesses strong communication and analytical skills to pursue new business and manage a significant renewal book.
• Proficient in software needed to succeed in the department.
• Rich network of agent and broker relationships throughout FI landscape.
• Excellent organizational and time management skills.
• Possesses underwriting and industry designations applicable to area of specialization.

What C&F will bring to you

At C&F you will BELONG

 

We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.

 

For California Residents Only:  Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.

 

 

Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws.  Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditio