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UFG Insurance · 11 hours ago

Underwriting Manager - Specialty Property

Cedar Rapids, IA

Full-time

Hybrid

Senior Level, Lead/Staff

$155K/yr - $204K/yr

10+ years exp

UFG Insurance is seeking an Underwriting Manager for their Specialty Property division. This role is responsible for leading the Specialty Underwriting staff, directing efforts to meet production and loss ratio goals while enhancing the underwriting knowledge of team members.

Financial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Develop and implement underwriting standards and procedures to improve and enhance profitability

Provide subject matter expertise and advisory support to underwriting teams for complex referrals or unusual market developments

Review and analyze underwriting results to evaluate department performance

Audit underwriting files to monitor quality of underwriting

Coordinate and assist in production, underwriting activities, training, mentoring and workflow for all team members

Coordinate maintenance of rates, rules, and forms, including gathering and analyzing information

Assist underwriters to manage their territories to optimize growth while maintaining underwriting discipline to keep loss ratios at profitable levels

Contribute to the discussion of the annual budget plan and continued profitability of Specialty

Independently underwrite complex and large submissions and existing accounts. Gather information regarding financial status, credit standing, and organization profile to evaluate and recommend acceptability of advanced risks within framework of Specialty underwriting policies and procedures

Review and sign off on file referrals for underwriting staff

Participate in regular 1:1 meetings with each team member

Recommend salary recommendations and promotions

Monitor team performance, develop coaching and development plans

Document and discuss performance related matters

Develop and facilitate training sessions per branch needs including Underwriter Trainee program

Interview and select new team members

Coordinate and assist in broker relations including broker review and implementation of strategic plan

Develop and implement individual business plans for key brokers

Assist in identification of new production sources

Qualification

Excess & Surplus lines underwritingCPCU designationRisk evaluation skillsAnalytical skillsFinancial analysisLeadership skillsPlanningOrganizationTeaching abilityContract language understandingE&S rates knowledgeSpecialty Division marketingCommunication skillsNegotiating skills

Required

High School diploma or equivalent

10+ years of experience in Excess & Surplus lines underwriting

5+ years of experience indirectly leading, mentoring, and guiding other staff members

Leader with a strategic mindset and demonstrated relationship-building ability that provides direction for the underwriting operations

Strong analytical skills with experience in evaluating large and complex underwriting risks

Strong communication, leadership and negotiating skills

Strong planning and organization skills with the ability to multi-task; and a willingness to accept challenges and take appropriate risks

Ability to handle large workload and prioritize to meet deadlines

Promote a positive and professional image and develop productive relationships with coworkers and agents

Demonstrate an open-minded, collaborative work style

Strong risk evaluation skills and solid insurance contract knowledge

Affinity for detailed accuracy

Ability to teach others and monitor their development

Strong knowledge of accounting principles and financial analysis

Strong understanding of contract language

Strong knowledge of E&S rates and practices

Maintain confidentiality and privacy

Preferred

Bachelor's degree with a concentration in Risk Management, Finance, or Economics

5+ years of experience directly managing employees

Certified or working towards CPCU designation

Strong knowledge of Specialty Division marketing appetite

Benefits

Annual incentive compensation

Medical, dental, vision & life insurance

Accident, critical Illness & short-term disability insurance

Retirement plans with employer contributions

Generous time-off program

Programs designed to support the employee well-being and financial security.

Company

UFG Insurance

The United Fire Group (UFG) companies join together to offer a range of property/casualty products.

Founded in 1946

Cedar Rapids, Iowa, USA

501-1000 employees

https://www.ufginsurance.com/

H1B Sponsorship

UFG Insurance has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (1)

2024 (1)

2023 (3)

2021 (3)