Vice President, Underwriting

General Placement Service

Vice President, Underwriting

Minneapolis, MN
Full Time
Paid
  • Responsibilities

    Vice President, Underwriting

    Minneapolis, MN

    An elite specialty insurance services provider is looking for a seasoned Chief Underwriting Officer to lead all underwriting functions for self-insured workers’ compensation programs. This individual will guide team performance, set underwriting strategy, and ensure disciplined, data-informed decision-making. This role is on-site four days per week in Minneapolis, MN and plays a pivotal part in organizational leadership.

    Primary Responsibilities

    • Lead and mentor the underwriting team, fostering technical excellence and professional growth.
    • Collaborate with senior leadership to shape business strategy and long-term objectives.
    • Evaluate and price self-insured workers’ compensation risks, ensuring regulatory compliance and internal standards.
    • Develop and enforce underwriting policies, procedures, and quality controls.
    • Build and maintain relationships with brokers, clients, and internal stakeholders to support business development and retention.
    • Use analytics to track trends, measure performance, and refine underwriting strategies.
    • Oversee underwriting for pools, alternative risk programs, guaranteed-cost plans, and multi-line placements.
    • Manage reinsurance structuring, negotiations, and ongoing partner relationships.
    • Provide leadership with reports on portfolio performance, market trends, and risk exposure.
    • Drive process improvements and implement technology to enhance efficiency and accuracy.
    • Directly handle complex or high-risk accounts when necessary.
    • This career opportunity requires relocation to Minneapolis, MN

    Qualifications

    • 10+ years of underwriting experience in workers’ compensation.
    • 5+ years managing teams or leading underwriting operations.
    • Strong expertise in self-insured programs, pool administration, and regulatory compliance.
    • Excellent analytical capabilities and sound judgment in risk evaluation.
    • Proven leadership skills with a history of developing and guiding successful underwriting teams.
    • Strong proficiency with underwriting systems, reporting tools, and data analytics.
    • Bachelor’s degree in Insurance, Business, Finance, or a closely related field.
    • CPCU or ARM designations strongly preferred