Hybrid Regional Underwriting Director

at EMC Insurance Companies

• Job title: Regional Underwriting Director
• Job type: Full Time
• Experience level: Lead
• Salary: $118,603 - $170,001 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Minneapolis, United States

About the role

• Regional Underwriting Director leading underwriting processes and team at EMC. Overseeing branch operations, establishing guidelines, and enhancing agency relationships while ensuring compliance.

Responsibilities

• Leads and directs the branch underwriting process
• Enforces guidelines and procedures established by Corporate Office Underwriting
• Develops and enforces underwriting guidelines and procedures specific to their branch territory
• Models smart and effective underwriting practices for individual accounts, all lines of business, and different classes
• Sets and implements strategies to address challenges to profit and communicates strategies throughout the underwriting department
• Answers questions, shares recommendations for complex situations, such as difficult accounts, communication strategies or problematic agency relationships and explains the rationale for recommendations
• Monitors business results to ensure that underwriters operate within authority limits, guidelines, and branch service directives while matching price to quality across the book of business and meeting rate goals
• Serves as the subject matter expert for the branch and makes final decisions on complex or high-risk accounts
• Reviews updates received from Corporate Office Underwriting and communicates changes to team
• Oversees and directs the underwriting department team, focusing on both long-term and short-term success
• Collaborates with team members to establish performance goals and monitors status, conducts reviews, and provides coaching
• Interviews, hires, and recommends salary adjustments for team members
• Directs existing and develops and fosters new agency relationships to grow profitable relationships and rehabilitate unprofitable and low growth relationships
• Collaborates with Branch Vice President to determine underwriting strategy and practices and establishes short-term and long-term underwriting goals
• Performs audits on new business and renewals for compliance with Sarbanes Oxley, letters of authority, and quality and completeness of the underwriting being done in the branch
• Coordinates with underwriters, marketing and branch management in the agency management process including planning and agency review meetings

Requirements

• Bachelor's degree, preferably in insurance or business administration or equivalent relevant experience
• Ten years of commercial lines underwriting experience
• Previous supervisory/leadership experience
• CPCU designation or other underwriting-related designation(s) preferred
• Superior knowledge of underwriting and risk analysis
• Exceptional problem-solving skills and the ability to make sound decisions
• Strong computer skills, including knowledge of Microsoft Office and social media
• Ability to oversee multiple projects at one time and make decisions under challenging circumstances
• Excellent ability to translate technical ideas into more general terms for business customers
• Exceptional customer service skills
• Ability to speak effectively before groups
• Occasional travel; a valid driver’s license with an acceptable motor vehicle report per company standards will be required if driving

Benefits

• Outstanding benefits with life, medical, dental, vision and prescription drug coverage
• Competitive paid time off plan and a full day of volunteer time off annually
• Financial incentives, including a 401(k) plan match, pension plan, OneEMC bonus plan and recognition and anniversary awards
• Professional development and growth opportunities, including tuition reimbursement
• Wellness initiatives to improve team member well-being and reduce health insurance costs
• Flexibility to dress for your day and opportunities for alternative work arrangements