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Full-Time

Chief Underwriting Officer-Rockwood Products

Confirmed live in the last 24 hours

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Social Impact
Financial Services

Compensation Overview

$248.5k - $306.1kAnnually

+ Bonus

Expert

Stonycreek Township, PA, USA + 4 more

Category
Insurance
Finance & Banking
Required Skills
Sales
Marketing
PowerPoint/Keynote/Slides
Requirements
  • 15+ years of experience
  • Bachelor's degree or CPCU required
  • PA Insurance Producer’s License required
  • Proficient in the use of computer programs, including Word, Excel, Outlook, PowerPoint and Access
Responsibilities
  • Develop underwriting strategies which produce expected profitability and are consistent with the Company’s overall strategy
  • Comply with all statutory laws, regulations and protocols
  • Ensure compliance with all reinsurance treaties
  • Manage and control facultative reinsurance placements
  • Ensure resources are properly planned and maintained in all areas of responsibility
  • Lead underwriting planning
  • Lead change
  • Train, mentor, coach and supervise all direct reports and all constituents who affect Rockwood customers
  • Manage the execution of the Rockwood’s service model
  • Manage and integrate the Underwriting and Loss Control teams
  • Delegate underwriting authority as appropriate.
  • Operate within established Line of Authority (LOA) and obtain any required approvals that may fall outside of that authority
  • Advance knowledge of Rockwood products and service capabilities
  • Advance process improvements and support efforts that will increase productivity and efficiency
  • Produce various reports for both internal and external stakeholders
  • Enhance and manage the Company’s marketing strategy
  • Direct all facets of product sales and services
  • Monitor and manage rate, product form, and rule changes
  • Monitor losses and direct appropriate underwriting action and loss control resources
  • Communicate accurately and clearly both orally and in writing
  • Maintain constant review of changes in the marketplace for potential new business opportunities
  • This position will require communicating both corporate changes as well as changes from the various insurance industry regulators to subordinates

Argo Group operates in the specialty insurance market, providing customized insurance solutions for clients with unique or complex risks. The company focuses on industries such as construction, marine, and energy, where standard insurance policies may not suffice. Argo's products work by underwriting insurance policies, managing claims, and investing the premiums received to generate returns. This approach allows them to offer expert risk assessment and management services tailored to their clients' needs. Unlike many competitors, Argo emphasizes its commitment to corporate responsibility and community engagement, which helps build long-term relationships with clients. The company's goal is to ensure mutual success for its clients while promoting an inclusive workplace and participating in initiatives related to sustainability and disaster relief.

Company Stage

N/A

Total Funding

$17.9M

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Argo's recent acquisition by Brookfield Reinsurance could provide new growth opportunities and financial stability.
  • The company's commitment to an inclusive workplace and professional growth fosters a positive work environment.
  • Argo's focus on sustainability and disaster relief initiatives enhances its reputation and long-term client relationships.

What critics are saying

  • The departure of key executives to competitors like AXIS Capital could impact Argo's talent pool and operational efficiency.
  • Integration challenges following the acquisition by Brookfield Reinsurance could disrupt business operations.

What makes Argo Group unique

  • Argo Limited specializes in niche markets like construction, marine, and energy sectors, offering tailored insurance solutions that standard policies do not cover.
  • The company's strong focus on corporate responsibility and community engagement sets it apart in the insurance industry.
  • Argo's leadership in risk assessment and management for high-risk industries provides a competitive edge over more generalized insurance providers.