Underwriting Director - Specialty Insurance - Captives

Old Republic Commercial Risk - Philadelphia, PA

Hiring: Underwriting Director - Specialty Insurance - Captives Company: Old Republic Commercial Risk Location: Philadelphia, PA Job Posted Time: 2026-09-10 11:53:13 Target Skills & Keywords : Portfolio Management About the job Experience: •10+ years of progressively responsible commercial casualty underwriting experience with a property and casualty insurance carrier. •5 years of underwriting leadership experience managing teams, portfolios, and business strategy. •Minimum 5 years of underwriting leadership experience managing teams, portfolios, and business strategy. Required Skills: •Provide strategic leadership for the Specialty Underwriting organization, aligning underwriting philosophy, portfolio management, and business objectives with corporate strategy. •Lead, develop, and mentor underwriting leaders and staff, fostering a high-performance, collaborative culture focused on accountability, engagement, and continuous improvement. •Establish underwriting strategies that drive profitable growth while maintaining disciplined risk selection and pricing. •Monitor portfolio performance, loss trends, rate adequacy, retention, and new business production, implementing corrective actions as necessary. •Serve as the senior underwriting authority for highly complex accounts, referral decisions, coverage interpretation, pricing exceptions, and authority management. •Partner closely with Distribution, Claims, Risk Control, Actuarial, Product, Legal, Finance, and Operations to execute strategic initiatives and improve customer outcomes. •Build and strengthen executive-level relationships with key brokers, producers, clients, captive members, and industry partners. •Identify emerging market opportunities and competitive trends, recommending changes to underwriting appetite, products, pricing, and distribution strategies. Qualifications: •Bachelor's degree or equivalent combination of education and experience. •Typically 10+ years of progressively responsible commercial casualty underwriting experience with a property and casualty insurance carrier. •Demonstrated success leading specialty, captive, or loss-sensitive underwriting operations. •Expert knowledge of casualty underwriting, captive programs, large deductible programs, retrospective rating, self-insured structures, collateral management, and alternative risk financing. •Strong financial and portfolio management skills, including profitability analysis, pricing strategy, trend analysis, and performance measurement. •Proven ability to develop underwriting talent, build high-performing teams, and lead organizational change. •Extensive relationships within the broker and agency marketplace and demonstrated success growing profitable distribution partnerships. •Excellent executive communication, negotiation, presentation, and influencing skills. •Strategic thinker with strong analytical, decision-making, and organizational leadership capabilities. •Demonstrated ability to collaborate effectively across multiple business functions and influence senior leadership. Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!