P&C Underwriting Strategy Director

WTW is looking for an underwriter with commercial insurance experience in the U.S. market in both market-facing and home office or product management roles to join as a P&C Underwriting Strategy Director in our Insurance Consulting and Technology (ICT) practice. In this role, you will collaborate with our team of pricing, portfolio management, underwriting, finance and claims experts to sell and deliver underwriting and technology solutions to our commercial insurance clients.

ICT provides a powerful combination of advisory services for insurance companies, integrated with leading-edge technology solutions and software, all underpinned by unparalleled analytical capability. WTW has ambitious growth plans for our North American P&C propositions, especially for the Commercial Lines (CL) Pricing, Product, Claims and Underwriting (PPCU). Our goal is to substantially increase our footprint in advising commercial insurance clients on the efficiency and effectiveness of their Underwriting, Pricing, Product Development, Carrier Operations and Distribution and Sales capabilities and to further establish the WTW Pricing Software suite, Underwriting Solutions and Portfolio Management Platforms and Digital Trading solutions as key enablers of change.

This position can be based in a major U.S. Market and is open to remote/virtual work.

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Responsibilities

• Lead, build, and participate on teams to deliver underwriting-focused client projects
• Identify and pursue potential client engagements, including relationship building, listening to challenges, crafting scope of work, and bringing together the right project team
• Execute work on client projects such as competitive market assessments, regulatory filing strategy engagements, underwriting excellence reviews, and capabilities benchmarking
• Leverage underwriting and market knowledge to serve as a subject matter expert
• Develop a trusted advisor relationship with senior insurance carrier leaders through effective communication
• Discuss and demonstrate applications of WTW’s technology products to clients
• Contribute to the development of WTW’s intellectual capital and future proposition development, including go-to-market strategy
• Meet billable hour target and revenue goals, operating as a highly respected and effective consultant
• Serve as a mentor and project manager to more junior colleagues, training them on both the technical and theoretical aspects of underwriting as well as project delivery methods

The Requirements

• At least 12 years P&C commercial lines insurance experience in the United States
• Experience in technical or home office underwriting
• Exposure to customers and brokers or market-facing experience
• Comprehensive understanding of core P&C commercial lines insurance products
• Knowledge of North American insurance marketplace and distribution strategies
• Capable of leveraging past experience and expertise to adapt to current projects and challenges outside of core skill set
• Comfortable navigating ambiguity and developing innovative solutions
• Committed to training and mentoring junior colleagues
• Practiced in managing complex projects and delegating work to senior and junior colleagues
• Available to travel as needed

Nice to Haves

• Experience leading or participating on underwriting transformation projects
• Participation in a rotational underwriting training program or exposure to multiple lines of business
• Professional designations such as CPCU, ARM or RPLU

Compensation and Benefits
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation
The base salary compensation range being offered for this role is $200,000 USD – $260,000 USD. This role is also eligible for an annual short-term incentive bonus.

Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

EOE, including disability/vets