Underwriting Manager – Umbrella Program

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee, mentor, and coach Underwriters in both technical and professional competencies.

• Direct underwriting operations while providing support to a team of Underwriters.

• Track and report on portfolio performance metrics.

• Implement strategic pricing and growth initiatives.

• Manage compliance with underwriting guidelines, rating standards, and insurance regulations.

• Collaborate with Program Managers to enhance and expand designated programs.

• Work alongside Sales Executives and Program Managers to ensure effective communication and alignment.

• Build and sustain relationships with both internal and external stakeholders.

• Design, coordinate, and participate in underwriting training sessions.

• Encourage a culture of continuous improvement.

• Identify root-cause issues and outline resolution strategies.

• Suggest and execute improvements in workflow, productivity, growth, profitability, and quality.

• Monitor and report on Service Level Agreements (SLAs) to key stakeholders.

• Engage in quality control processes to maintain high standards.

• Gather and analyze market intelligence and trends.

• Underwrite as necessary, which includes risk selection, pricing, and coverage evaluation according to underwriting guidelines.

• Occasional travel may be required on a limited basis.

⛳️ Requirements

• Bachelor's degree.

• Over 7 years of experience in commercial insurance underwriting.

• At least 3 years of direct supervisory and/or management experience.

• Advanced technical underwriting knowledge along with a comprehensive understanding of insurance practices.

• Proficient in data analytics to assess product profitability, rate achievement, and SLAs.

• Capability to establish and meet goals while securing buy-in from management, peers, and team members.

• Strong interpersonal skills for effective interaction and achieving objectives.

• Excellent communication, negotiation, and presentation abilities.

• Proficient analytical and problem-solving skills.

• Highly detail-oriented with superior organizational capabilities, including managing multiple responsibilities concurrently.

• Professional insurance designation(s) are preferred.

• Insurance license as per state requirements is preferred.

🏝️ Benefits

• Base salary ranging from $120,000 to $150,000, plus an annual cash bonus.

• Enjoy Summer Fridays with early leave at 2:00 PM from Memorial Day to Labor Day.

• Comprehensive healthcare coverage including Medical, Vision, and Dental plans.

• 401k plan featuring a 4% company match.

• 100% vested immediately.

• Life, disability, and supplemental insurance options.

• Opportunities for growth and development.

• Wellness benefits, including an Employee Assistance Program.

• Generous time-off policy inclusive of PTO and paid holidays.

• Flexible Summer Hours.

• Dependent Daycare flexible spending account.

• Paid parental leave.

• Commuter account benefits.

• A sabbatical every 7 years.