SUMMARY
Responsible for managing and developing relationships with appointed producers and reinsurers that provide capacity to the Program. Also responsible for the execution of risk selection and pricing in accordance with designated underwriting authority. Oversees the development and management of underwriting team in support of program objectives. Responsible for achievement of account retention, underwriting profitability, rate change and new business objectives. Performs all duties in accordance with all company policies and procedures, and all federal, state, and local laws, wherein the Company operates.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Executes authority as designated underwriter as set forth in the company's insurance program management agreements with carriers.
- Works within the referral process with carrier underwriters on accounts requiring carrier review and approval.
- Meets with brokers, insureds, team underwriters and assistant underwriters as needed to define and achieve underwriting objectives.
- Works with Program leader to define and develop Program goals.
- Assists in determining strategic goals of team(s), including but not limited to resource planning, education/training needs, policy development and business growth.
- Presents analysis to clients directly in a confident and easy-to-understand manner.
- Works with Program leader in prospecting activities, including but not limited to meeting with broker clients to define underwriting appetite and promote the relevance of the company's insurance programs to client needs, preparing written RFP responses, finalist presentations and related follow-up activities.
- Engages in educational opportunities to further underwriting knowledge, market trends and regulatory environment.
- Addresses incoming correspondence and responds as required in a timely manner.
- Serves as mentor to new underwriting team members.
- Perform all duties in accordance with all company policies and procedures, and all federal, state and local laws, wherein the Company operates.
- Performs other duties as assigned
QUALIFICATIONS
EDUCATION / EXPERIENCE
Bachelor's Degree or equivalent combination of education and experience
Ten (10) or more years of related experience
Three (3) or more years of management experience leading a team
Valid insurance license (or must be obtained within 180 days of employment)
Must continue to meet Continuing Education requirements for license renewal
SKILLS
Proficient in Microsoft Office Suite, MS Excel skills required
Expert in all major areas of underwriting, including risk selection, pricing, and determination of key subjectivities
Full understanding of underwriting models and reporting templates, with ability to fully modify and customize to meet customer needs
Excellent oral and written communication skills
Excellent problem solving and time management skills
Excellent planning, organizational and prioritization skills
Good customer service skills, including telephone and listening skills
Ability to competently use software available for such types of plan analysis and pricing
Ability to work within a team and to foster teamwork
Ability to completely manage mid-level and large projects
Ability to work productively as an individual to accomplish assigned projects
Ability to prioritize work for multiple projects and deadlines
#LI-DR1