FAQs
What is the primary purpose of the Technology Industry Practice Leader role?
The primary purpose of the role is the management and leadership of the CEMENA Technology Industry Practice, focusing on underwriting, business planning, operational efficiency, and team development.
What kind of underwriting experience is required for this position?
Strong multiline underwriting experience across Technology Errors & Omissions (Tech E&O), Cyber, and Casualty is required.
What responsibilities will the Technology Industry Practice Leader have regarding financial targets?
The Technology Industry Practice Leader is responsible for delivering and exceeding the financial plan for the Technology Practice, ensuring accurate planning and forecasting of rates, retention, and new business.
How does the role involve people management?
The role involves leadership in a matrix environment overseeing a large team of underwriters, setting the vision and plans, supporting day-to-day needs, and addressing talent development needs.
What engagement with brokers is expected in this position?
The position requires understanding the broker landscape for Technology and actively engaging in high-value relationships and opportunities to drive new business activity.
Is product development part of the role?
Yes, the role involves developing and seeking new opportunities to innovate within the Technology practice and working with other stakeholders to generate new ideas.
How does the Technology Industry Practice Leader support compliance and procedures?
The leader is responsible for meeting company standards in policy documentation, ensuring compliance with regulatory requirements, and implementing peer reviews across the practice.
What skills are crucial for success in this role?
Crucial skills include strong multiline underwriting experience, extensive knowledge of the Technology sector, portfolio management capabilities, people management skills, and the ability to execute and influence at all levels.
What is expected regarding strategic planning and execution?
The incumbent is expected to prepare and execute a business plan for the Technology Industry Practice, with key actions and tactics aimed at achieving defined financial and operational goals.
Will training and mentoring be part of the role?
Yes, the role includes ensuring the provision of appropriate training and mentoring support for the team and fostering robust succession planning across the practice.