Note: The job is a remote job and is open to candidates in USA. Umbrex is seeking a senior underwriting consultant for a client focused on accelerating profitable growth in the workers' compensation insurance market. The consultant will assess and benchmark current underwriting and pricing strategies, define target portfolio parameters, identify optimization opportunities, and provide actionable recommendations and a roadmap for future underwriting capabilities.
Responsibilities
- Assess the client's current workers' compensation underwriting and pricing strategy
- Benchmark the company's underwriting approach against competitors and industry best practices
- Define the target underwriting portfolio by state, workers' compensation class code, industry, and customer segment
- Identify opportunities to optimize pricing, underwriting appetite, and risk selection
- Recommend strategies to improve competitive positioning and profitable growth
- Develop actionable recommendations that can be implemented immediately
- Create a roadmap outlining future underwriting capabilities, milestones, and strategic initiatives for subsequent quarters
- Serve as a subject matter expert, providing practical guidance based on deep operational experience in U.S. workers' compensation underwriting
Skills
- Extensive experience in U.S. workers' compensation underwriting (required)
- Proven experience developing or leading workers' compensation underwriting and pricing strategies (required)
- Deep understanding of underwriting appetite, pricing, risk segmentation, and portfolio management
- Strong knowledge of state regulations, class codes, and competitive dynamics within the U.S. workers' compensation market
- Ability to translate underwriting insights into practical, actionable recommendations that improve profitability
- Former Chief Underwriting Officer, Head of Underwriting, VP of Underwriting, or senior underwriting leader preferred
- Experience working with small business workers' compensation insurance is highly preferred
Benefits
- Remote work, with occasional travel within the U.S.
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