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Company

Frankenmuth Insurance · 5 hours ago

Corporate Underwriter-Quality Assurance

United States

Full-time

Remote

Senior Level

6+ years exp

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Auto InsuranceInsurance

Growth Opportunities

No H1B

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Responsibilities

In collaboration with Underwriting (equivalent Chief Underwriting Officer) leadership, develop underwriting approach for the assigned line of business by:

Establishing authorities and setting the decision rights by underwriting level

Engaging in the most complex underwriting risks for acceptability and appropriate pricing

Developing underwriting guidelines, risk selection criteria through hazard grades, class appetite, and appetite guides

Developing business rules promulgated in documents or through system implementation

In cooperation with underwriting leadership, develop commercial lines underwriting standards and best practices by:

Developing the underwriting policy including risk acceptability and appetite for the LOB

Researching, developing, and implementing underwriting tools, policies, procedures, and processes to promote consistency

Defining technical standards, controls, and processes

Evaluating staff to identify skill gaps relative to underwriting best practices and provides performance improvement consulting and support

Monitoring the performance of the underwriting function and makes recommendations for continuous improvement including being engaged in finding issues and developing recommendations regarding regional and line profitability with deeper dives on loss analysis to look for patterns.

Developing and leading the large loss insight process and training outcomes.

Acting as a subject matter expert, providing underwriting expertise to business units

Keeping current on state/territory issues and trends

Supporting the regions in achieving an underwriting profit

Develops and executes effective underwriting internal quality control processes and procedures to ensure a consistent work product by:

Designing and leading the underwriting quality review process to identify:

Issues that need to be addressed,

Additional training that needs to occur, or

Additional guidelines that need to be developed

Auditing accounts to ensure consistent approach with authorities, underwriting strategy, pricing, standards, and procedures

Developing and implementing new business process reviews to ensure consistency in underwriting

Developing and implementing premium leakage measures for quality reviews

Developing and delivering training and tools to commercial lines underwriting staff

Providing effective coaching and fostering knowledge and learning based on market conditions

Consulting resource for referrals, coaching, sounding board, and collaboration

Serves as Business Lead and/or resource on corporate projects representing the underwriting function

Performs other duties as assigned

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Technical Underwriting ExpertiseUnderwriting Guidelines DevelopmentRisk Selection CriteriaUnderwriting Quality ControlCoachingPerformance Improvement ConsultingLoss AnalysisAINS CertificationAU CertificationCPCU CertificationARM CertificationBusiness Process ReviewsUnderwriting Standards Development