Provide administrative support for insurance administration in liability and financial lines. Collaborate with underwriting and finance teams in a leading insurance group in Germany.
PC
Hybrid Senior Manager, Commercial Lines Underwriting
Posted 2 months ago
About the role
- Senior Manager leading a team in Commercial Lines underwriting for Preferred Mutual Insurance. Driving growth strategies, managing partnerships, and overseeing underwriting processes.
Responsibilities
- To provide leadership to a team of Commercial Lines underwriting professionals within a designated territory/product line, while partnering across territories/product lines, to attain growth and profitability.
- Develop and execute a multi-year growth strategy for commercial lines; identify and evaluate new market opportunities, including emerging industries, underserved regions, or specialized coverage needs.
- Build, develop and manage strategic partnerships with Agency Partners, fostering meaningful relationships with Company customer base, including policyholders and consumers
- Oversee underwriting guidelines, pricing strategies, and risk appetite to ensure profitable growth.
- Develop service-level standards to ensure agencies receive timely, responsive underwriting decisions.
- Partner cross-functionally with Sales, Actuary, Product Development, Claims and other key business units to design & drive process improvement, anticipate risks, forecast and propose key products, identify trends, discuss referrals, to set product pricing/rate setting
- Partner with IT and Transformation teams to align underwriting requirements with modernization initiatives, ensuring new systems support business needs.
- Work closely with Personal Lines counterpart in the territory to grow across a shared agency plant
- Engage and develop a staff of underwriting professionals; set departmental goals and initiatives and guide, monitor, and facilitate progress towards achievement; complete bi-annual performance reviews
- Manage team workload and capacity; identify, address and manage performance related issues with staff members; complete yearly performance reviews of staff members; identify and develop future leaders for succession planning
- Actively participate in the sourcing of candidates, conduct interview and make hiring decisions for your team; onboard new hires, including training, orientation, and engagement
- Facilitate/Lead Department Meetings
- Manage operational budget & staffing
- Ensure overall compliance with state and industry regulations
- Participate in and drive Company vision, mission and value proposition
- Travel 35% of the time to agents, company events, company headquarter, team events, etc.
Requirements
- High School Diploma or equivalent, required
- Bachelors Degree from an accredited university or college preferred
- Completion of advanced professional development coursework including, but not limited to; CPCU, CIC, ARM, AU or equivalent at Companys discretion
- 7+ years of experience in commercial lines insurance, with at least 3 years in a leadership role.
- Demonstrated experience expanding commercial lines into new markets and specialized coverages
- Excellent oral and written communication, listening, team building, organizational and negotiation skills
- Extensive customer service experience and proven ability to manage conflict
- Track record of training, coaching and motivating individuals, groups and teams, enabling them to achieve established metrics for standards of performance
- Strong time and project management skills that support continued process improvement, as well as the achievement of goals and objectives
- Strong portfolio analysis skills and knowledge of personal lines products, underwriting guidelines and philosophy
- Skilled in the areas of account planning, account selling and product strategies
- Demonstrated ability to analyze and proactively respond to market needs and trends by recommending programs that are mutually beneficial and profitable to the Agent
Benefits
- Financial Short-term disability, long-term disability, and life insurance coverage are provided at no cost
- Optional benefits include enhanced life insurance and critical illness plans
- 401k plan with an employer contribution that you will receive regardless of your own contribution to the plan
- A cash-balance pension plan
- Student Loan Repayment Assistance
- A short-term incentive plan for all employees
- Generous paid time off, offering of 25 days at hire (prorated based on start date for the first year)
- 7 days of paid sick leave
- 10 paid company holidays
- Personalized paid time off after 3 years!
- Access to 26 sessions with a BetterHelp therapist each year for you and up to 5 dependents, as well as access to all of BetterHelps group and digital resources
- Access to Family First, a team of care experts who can provide you and your loved ones 1:1 assistance with a variety of caregiving solutions, from elder care to legal and financial challenges, insurance and Medicare navigation, and more!
- Medical, dental, and vision coverage options begin on the first day of employment
- Health Savings Accounts (with a generous employer contribution!)
Job title
Job type
Experience level
Salary
Degree requirement
Location requirements
AI
Line of Business Underwriting Director providing strategic leadership for Workers Compensation and Auto lines at Amerisure. Responsible for executing underwriting strategies and analyzing portfolio performance.
Commercial Lines Underwriting Assistant supporting underwriters in processing insurance applications for businesses. Gathers documentation, enters data, and prepares quotes while ensuring compliance with guidelines.
Underwriting Consultant responsible for risk selection and pricing for Group Supplemental Health at Sun Life. Requires 7+ years of experience, preferably with a BA/BS degree.
Underwriting Support Clerk joining P&C underwriting team, managing broker requests and work allocation. Assembling outputs and assisting management for the 12 - month temporary position.
Underwriting Analyst supporting multifamily real estate transactions for KeyBank through analytical insights and financial objectives alignment. Engage in compliance execution and transaction management while fostering relationship development.
Underwriting Analyst supporting Fannie Mae and Freddie Mac teams in Commercial Mortgage Group. Preparing financial models and participating in transaction management for multifamily real estate.
AVP, Underwriting Director managing primary casualty risks with the Energy Casualty team. Leveraging relationships for underwriting, marketing, and leadership skills with key distribution partners.
Regional Underwriting Director managing underwriting operations and strategies in Florida and Georgia. Directing department policies, training teams, and ensuring regulatory compliance for First American.
Senior Manager leading Medical Underwriting team at Sun Life. Overseeing operations, managing underwriters, and executing strategic initiatives.