Responsible for overseeing Underwriting team operations, optimizing workflows and ensuring high productivity.
Responsible for developing and implementing strategic plans for the Underwriting team to ensure alignment with business goals and objectives.
Evaluates the quality and volume of underwritten risks and prepares detailed reports to communicate findings.
Cultivates and leverages strategic relationships with internal and external stakeholders to drive and sustain profitable growth.
Ensures meticulous documentation of underwriting decisions and maintains compliance with state and federal insurance regulations.
Leads the assessment of policy renewals and modifications, identifying strategic improvements and risk mitigation opportunities.
Oversees the delivery of exceptional customer service.
Develops and monitors management reports on service levels, activities, and customer experiences, and implements strategic improvements as necessary.
Manages and updates underwriting rules and guidelines, rating manual rules, and insurance laws and regulations as needed.
Performs other duties as assigned.
Requirements
Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience.
Generally, a minimum of 9 years of underwriting experience or a related field, including a minimum of 4 years of leadership experience.
Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS) or Associate of Risk Management (ARM), or a marketing designation.
Typically manages 2 or more reports.
Implements policies, procedures, and strategies under the direction of management.
Allocates resources efficiently and sets realistic timelines.
Participates in annual planning and goal-setting.
Ensures that the team meets performance targets.
Responsible for performance and coaching of staff and decisions regarding talent selection, development, and performance management.
Ensures new members of the team receive proper training and meet performance targets.
Benefits
Compensation varies by role, position level, and location.
Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.
We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one.
PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match.
These benefits are available to eligible full-time and part-time employees.
Vice President role involving due diligence and financial modeling at Morgan Stanley. Collaborating with teams to assist in credit investment activities for diverse portfolios.
Group Underwriting Consultant Senior at Elevance Health responsible for determining acceptability of insurance risks and appropriate premium rates. Leading underwriting for large and complex group cases and mentoring associates.
Leads an underwriting group, focusing on profitability and business development. Collaborates with senior management to implement strategic underwriting policies and objectives.
Underwriting Assistant providing administrative support for industrial insurance contracts in Düsseldorf and Hamburg. Interacting with internal teams and managing contract data efficiently.
Underwriting Operations Assistant supporting underwriting operations for a London Market Insurance client. Ensuring accurate data and smooth processes in a hybrid working environment.
Manager overseeing the development and performance of underwriters to ensure compliance with lending guidelines. Responsible for training, monitoring productivity, and addressing file conflicts for optimal service levels.
AVP, Corporate Underwriting Audit assessing underwriting processes across business units at Arch Insurance Group. Leading audits and presenting results to senior leadership while ensuring compliance with guidelines.
Technical Underwriting Support Manager responsible for maintaining Commercial Underwriting integrity at Santam. Engaging with stakeholders and supporting Operational Contact Centers in Johannesburg and Belville.
Underwriter position in the Underwriting Professional Development Program. Evaluating business risks and collaborating with agents and clients in the specialty insurance sector.