Underwriting Manager

This is a fully remote position, open to applicants in Minnesota, +1 more state.

📋 Description

• Oversee a team of multi-line, multi-industry production underwriters focused on attracting and underwriting middle market business.

• Propel profitable growth through securing new business, maintaining renewal retention, achieving rate targets, and managing exposure bases.

• Hold responsibility for the designated territory while meeting profit and premium objectives.

• Direct the underwriting process for intricate new and renewal business, involving risk assessment, pricing, contractual integrity, and account management.

• Ensure that underwriting decisions align with delegated authority and adhere to regulatory standards.

• Mentor and develop underwriters in technical expertise and quality benchmarks.

• Evaluate risks, identify exposures and controls, price risks, establish terms and conditions, and document the rationale behind underwriting decisions.

• Act as a subject matter expert for complex risk scenarios.

• Manage portfolios and implement business plans concerning written premium, loss ratios, renewal retention, pricing, and expense oversight.

• Conduct both in-person and virtual sales meetings with agencies and insured parties.

• Seek new business opportunities and cultivate a robust pipeline of prospects.

• Foster relationships with producers and agencies.

• Collaborate with underwriting teams, Sales and Distribution, Underwriting Center, Underwriting Support, Risk Control, Legal, Claims, and other internal associates.

• Represent UFG in the marketplace and effectively communicate its underwriting, risk control, and claims capabilities.

⛳️ Requirements

• A four-year college degree is preferred.

• Completion of AU Designation, CIC, and/or CPCU designations is preferred.

• Leadership or management certification or educational experience is preferred.

• A minimum of 7 years of commercial lines underwriting experience is preferred.

• Advanced knowledge in risk evaluation and insurance contracts.

• Ability to implement underwriting strategies for the assigned territory and make sound underwriting decisions.

• Capacity to lead a team through collaboration, persuasion, vision, emotional intelligence, and talent development.

• Proven success in building and maintaining business relationships with key clients.

• Strong leadership capabilities, including mentoring, coaching, and training.

• Ability to thrive in a fast-paced environment while effectively prioritizing and completing tasks.

• Exceptional customer service skills.

• Proficient stakeholder management skills with the capability to build trust with internal and external partners.

• Strong analytical and problem-solving skills with meticulous attention to detail.

• Excellent communication and negotiation abilities.

• Effective time management skills with the capacity to meet deadlines and effective dates.

• Advanced understanding of the agency force and the current market landscape.

• Strong sales acumen with a proven track record of expanding a profitable book of business.

• A valid driver’s license and acceptable motor vehicle record are required.

• Willingness to travel within the assigned territory for agency visits and marketing events.

• Openness to work outside of standard business hours when necessary.

🏝️ Benefits

• Annual incentive compensation.

• Comprehensive medical, dental, vision, and life insurance.

• Coverage for accident, critical illness, and short-term disability insurance.

• Retirement plans with employer contributions.

• Generous time-off policy.

• Programs aimed at supporting employee well-being and financial security.

• Fully remote work opportunity.