Regional Leader, Penn America Eastern Region

Global Indemnity Limited Bala Cynwyd , PA 19004

Posted 1 week ago

GBLI | Global Indemnity provides specialty property and casualty insurance for small to middle-market businesses - and we're on a mission to be the best-in-class while achieving steady, profitable growth. Our guiding principles include the core belief that our people are number one. We also strongly emphasize a customer-centric mentality and disciplined underwriting practices. Our work environment is flexible, friendly, and collaborative, with plenty of opportunities to take charge of your career.

What GBLI offers you:

  • Generous paid time off (PTO)

  • Professional development opportunities (including a mentorship program)

  • Educational assistance program, which covers up to $5,250 in educational costs per year

  • Comprehensive health insurance plan (with vision and dental)

  • Paid Parental Leave

  • Life insurance

  • 401(k) retirement plan with up to 6% company match and immediate vesting

  • Healthcare and dependent care flexible spending accounts

  • Short-term and long-term disability

  • Company-sponsored social events

  • Various committees to get involved in, which include our Diversity, Equity, and Inclusion Committee, and Charitable Giving Committee

Essential Duties & Functions

  • Assist with managing pricing objectives, profit improvement, profit improvement opportunities and combined ratio results for assigned territories

  • Direct the underwriting risk section and underwriting process, planning, reporting, forecasting and business development for the lines of business

  • Provide leadership, technical advice, council and expertise in the development of the underwriting staff.

  • Collaborate with the company's Underwriting, Actuarial, Reinsurance, Systems, Claims and Legal functions

  • Manage underwriting accountability through several direct reports; and develop key contacts with high quality wholesale agents, reinsurance carriers and intermediaries

  • Participate in forming recommendations for the strategic direction of the Binding Authority lines of business.

Qualifications

  • Bachelor's degree or equivalent experience

  • A minimum of 7-10 years' experience in Primary Excess and Surplus Lines underwriting with extensive experience in the underwriting and marketing of General Liability and Property product lines through a wholesale broker distribution system.

  • Demonstrated ability to underwrite, price and negotiate small and medium account business in accordance with established guidelines, procedures and strategies.

  • Developed technical knowledge of underwriting, product design, rating and pricing supporting a proven record of profitable underwriting in a multi-line environment

  • Strong agency management experience with strong relationships with the wholesale brokerage community

  • Ability to analyze individual risks for profit opportunity and provide underwriting solutions, through creativity and vision to design coverage that can appropriately respond to a specific line of business, class or customer need.

  • Possess an in-depth working intelligence of current business issues within the wholesale broker and excess and surplus lines community.

  • Ability to work effectively and advise Business Unit leader and staff organization in business planning, new product design, distribution channels and broker evaluation and selection.

  • Demonstrated flexibility to react to ever-changing environments and market conditions. Demonstrated innovator not satisfied with the status quo, who actively seeks new or better methods of competence.

  • "Hands-on" ability to direct, manage and influence the underwriting process to support coverage design required as outlined by the strategies and underwriting philosophy.

  • Proven analytical and quantitative skills, with strong organizational, interpersonal, communication and time management quality.

  • High energy, with a desire to be a team player capable of interacting with a variety of individuals internally and externally.

  • Proven ability at negotiating and reviewing contracts and policy terms.

  • A positive attitude, with a sense of urgency directed toward the design of creative solutions.

  • Prior management experience leading a high performing underwriting team.

  • Overnight travel within territory will be required (approximately 10-20%)

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