What are the responsibilities and job description for the Sr Director Underwriting position at NextEra Energy, Inc.?
Requisition ID: 94384
At PALMS Insurance, a NextEra Energy company, we specialize in offering customized insurance solutions that address the unique needs of our clients. Our commitment to excellence, reliability, and customer satisfaction sets us apart as a trusted provider in the insurance industry. Are you ready to make a meaningful difference? Become a part of our team today.
Position Specific Description
Palms Insurance is currently looking for a SVP, Underwriting for the Specialty Property team. This position is responsible managing their own portfolio’s performance, including new business production, retention, rate/tiering execution, and portfolio management actions. Additionally, they will be responsible for managing broker relationships, underwriting referrals, and maintaining a production portfolio to stay attuned with market changes and challenges.
They will be expected to travel as necessary to support the needs of the team and to cultivate key broker relationships. The position is a critical role in driving a diversified, dynamic and engaging team culture. This position also requires strong technical acumen in underwriting property risks in the E&S segment, experience in overseeing and developing underwriting talent, the ability to manage complex processes, strong relationship engagement and sales skills and a demonstrated ability of profitable portfolio management.
Job Overview
This position will manage a team of underwriters and/or actuaries and have responsibility for multiple underwriting books of business. This employee would manage customer and broker relationships and have budget authority over their organization.
Job Duties & Responsibilities
Employee Group: Exempt
Employee Type: Full Time
Job Category: Finance, Accounting & Business Analytics
Organization: Palms Management Services, LLC
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com , providing your name, telephone number and the best time for us to reach you.
NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.
At PALMS Insurance, a NextEra Energy company, we specialize in offering customized insurance solutions that address the unique needs of our clients. Our commitment to excellence, reliability, and customer satisfaction sets us apart as a trusted provider in the insurance industry. Are you ready to make a meaningful difference? Become a part of our team today.
Position Specific Description
Palms Insurance is currently looking for a SVP, Underwriting for the Specialty Property team. This position is responsible managing their own portfolio’s performance, including new business production, retention, rate/tiering execution, and portfolio management actions. Additionally, they will be responsible for managing broker relationships, underwriting referrals, and maintaining a production portfolio to stay attuned with market changes and challenges.
They will be expected to travel as necessary to support the needs of the team and to cultivate key broker relationships. The position is a critical role in driving a diversified, dynamic and engaging team culture. This position also requires strong technical acumen in underwriting property risks in the E&S segment, experience in overseeing and developing underwriting talent, the ability to manage complex processes, strong relationship engagement and sales skills and a demonstrated ability of profitable portfolio management.
Job Overview
This position will manage a team of underwriters and/or actuaries and have responsibility for multiple underwriting books of business. This employee would manage customer and broker relationships and have budget authority over their organization.
Job Duties & Responsibilities
- Manages profitable book of business by implementing underwriting decisions (in compliance with state laws and company guidelines), evaluating results and conducting portfolio reviews
- Reviews integrated pictures of factors that affect profitability, growth, retention prepared by subordinates and recommends, implements, and monitors necessary action plans
- Reviews analysis prepared by subordinates and reports to management and executive management
- Makes underwriting decisions to accept, decline or modify risks within assigned underwriting authority level in partnership with management team
- Executes underwriting strategy, including portfolio management and self-audits
- Regularly travels to key accounts and remains a visible presence in the marketplace by participating in industry events and/or committees
- Manages, coaches, and delivers training support to develop junior team members
- Performs other job-related duties as assigned
- Bachelor's Degree
- Experience: 12 years specialty underwriting
- Supervisor/Management Experience: 6 years
- Master's Degree
- Experience: Excess and surplus underwriting
- Certification: American Institute for Chartered Property Casualty Underwriter (AICPCU) or Registered Professional Liability Underwriter (RPLU) or equivalent
Employee Group: Exempt
Employee Type: Full Time
Job Category: Finance, Accounting & Business Analytics
Organization: Palms Management Services, LLC
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com , providing your name, telephone number and the best time for us to reach you.
NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.