Westfield Specialty Insurance · 4 months ago
Small Business Underwriting Manager
Westfield Specialty Insurance is a global leader in property and casualty insurance, and they are seeking a Small Business Underwriting Manager to lead a team of commercial lines underwriters. The role involves managing productivity, ensuring sound underwriting decisions, and driving business development practices to achieve territory objectives.
Insurance
Responsibilities
Leads a team of Commercial Line underwriters handling medium-touch / high-touch new and renewal business that requires underwriting expertise and individual risk decision making aligned to the Commercial Lines appetite
Manages productivity, prioritization, balancing of workloads, and sound underwriting decisions of their team of underwriters
Handles underwriting referrals exceeding the authority limits of their team members
Exercises underwriting authority to achieve profit through quality risk selection and exposure control
Ensures alignment and collaboration with the Underwriting Operations Team and Territory Managers/Leaders, driving business development best practices in the underwriting environment, aligned to field operations
Partners with Territory Leader/Managers ensuring alignment to territory strategy vision, creating a shared accountability and team environment for underwriting, underwriting support, and territory partners
Ensures efficient, consistent, quality underwriting decisions and ensures adherence to compliance of all underwriting rules and policies
Utilizes knowledge, experience, technical underwriting and subject matter expertise to coach and mentor team members
Performs talent management responsibilities including employee selection, performance management, coaching in technical and career development, employee-related issues, employee morale and work environment
Partners with the QA underwriting function, utilizing findings to help develop underwriting acumen and decision making of the team
Works to increase the overall business and underwriting acumen of the team and its members through one-on-one interactions (e.g., reviewing underwriting decisions, answering questions, listening to phone calls)
Ensures individual authority grants for underwriters are established following a well-calibrated, objective, data-driven process
Participates in professional industry groups and stays abreast of industry changes, advancements, and jurisdictional issues to communicate, develop, and incorporate best practices in Commercial Lines
Qualification
Required
7+ years of Commercial Lines Underwriting experience
Bachelor's degree in related field and/or commensurate work experience
Data Analysis and Reporting
Insurance Industry Knowledge
Commercial Lines Underwriting
Insurance Policies
Business Planning
Customer Service Management
Risk Management
Automation
Information Systems
Company
Westfield Specialty Insurance
Westfield Specialty is a prominent specialty insurance carrier, leveraging the financial strength of Westfield, a leading U.S.-based property and casualty insurance company and the well-established Lloyd’s of London Syndicate 1200.