Underwriting Manager – Umbrella Program
Posted 8hrs ago
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Job Description
Underwriting Manager leading commercial umbrella insurance programs for Distinguished Programs, a national insurance program manager. Managing underwriters, portfolio profitability, compliance, pricing strategy and customer experience across U.S. programs.
Responsibilities:
- Manage, mentor and coach Underwriters in technical and professional skills
- Supervise underwriting operations and provide guidance to a team of Underwriters
- Monitor and report on portfolio performance
- Execute strategic pricing and growth models
- Administer and ensure compliance with underwriting guidelines, rating rules and insurance regulations
- Work with Program Managers to strengthen and grow designated programs
- Partner with Sales Executives and Program Managers to ensure communication and alignment
- Develop and maintain relationships with internal and external customers
- Create, coordinate and participate in underwriting training
- Foster continuous improvement
- Solve root-cause problems and provide resolution paths
- Recommend and implement workflow, productivity, growth, profitability and quality improvements
- Monitor, manage and report on Service Level Agreements to key stakeholders
- Participate in and ensure quality control processes
- Obtain and understand market intelligence and trends
- Underwrite as needed, including risk selection, pricing and coverage assessment based on underwriting guidelines
- Travel may be required on a limited basis
Requirements:
- Bachelor's degree
- 7+ years of commercial insurance underwriting experience
- 3+ years with direct supervision and/or management of people
- Advanced technical underwriting expertise and high-level insurance knowledge and underwriting practices
- Data analytics to monitor product profitability, rate achievement and SLAs
- Ability to set and meet goals by obtaining buy-in from management, peers and associates
- Interpersonal skills to achieve desired goals and interact effectively
- Strong communication, negotiation and presentation skills
- Effective analytical and problem-solving skills
- Highly detail-oriented
- Superior organizational skills, including the ability to manage multiple responsibilities simultaneously
- Professional insurance designation(s) preferred
- Insurance license per state requirements preferred
Benefits:
- $120,000 - $150,000 base salary plus yearly cash bonus
- Summer Fridays (Leave at 2:00PM all Fridays from Memorial Day to Labor Day)
- Great healthcare coverage including Medical, Vision, and Dental
- 401k with 4% company match
- Immediately 100% vested
- Life, disability and supplemental insurance
- Growth and development opportunities
- Wellness Benefits including an Employee Assistance Program
- Generous time off policy including PTO and paid holidays
- Summer Hours
- Dependent Daycare flexible spending account
- Paid parental leave
- Commuter account
- A sabbatical every 7 years



















