The Head of Financial Institutions at Western World Insurance Company is a leadership position focused on driving business growth within the Financial Institutions sector. The role involves collaboration across various departments to manage underwriting activities, develop products, and ensure profitability while fostering a culture of inclusion and innovation
Job Summary
The Head of Financial Institutions (FI) for LexPro will be based in New York Metro or Chicago and will report to the Head of LexPro.
This position will work closely with senior management, actuarial, claims, finance, legal and operations on all aspects of product creation including form development, pricing, and portfolio performance across all lines of business in LexPro, with an acute focus on profitability.
Deliver profitable growth through effective risk selection; execute on rate, coverage and limits management strategies; drive targeted correction or remediation strategies as needed.
Matching Summary
Match Score: 85
The Head of Financial Institutions at Western World Insurance Company is a leadership position focused on driving business growth within the Financial Institutions sector. The role involves collaboration across various departments to manage underwriting activities, develop products, and ensure profitability while fostering a culture of inclusion and innovation.
Salary
Base: $215,000-$270,000; Bonus/Equity: Eligible for bonus; Benefits: Comprehensive benefits package
Skills & Requirements
Must-have
Financial Institutions underwriting
product creation and pricing
portfolio performance analysis
risk selection and management
underwriting guidelines adherence
talent management and development
Nice-to-have
collaboration and innovation culture
professional representation at industry events
analytical tools and technology comfort
Key Requirements
Minimum 10 years of Commercial Insurance experience
Undergraduate degree
Advanced knowledge of US Financial Lines business
Understanding of regulatory and compliance processes