Private Client Select · 1 day ago
Manager, Underwriting Governance
Private Client Select Insurance Services, LLC (PCS) is one of the largest high net worth managing general underwriters focused on providing complex insurance policies for individuals with significant assets. The Manager, Underwriting Governance will ensure disciplined underwriting practices and alignment with risk appetites, while collaborating with various teams to enhance underwriting efficiency and effectiveness.
Responsibilities
Underwriting Audit
Conduct regular standardized underwriting file audits and complete reports to CUO and to capacity partners
Create and track action plans that result from regular audits
Conduct periodic targeted audits on specific strategic topics
Provide regular reporting to capacity partners on adherence to underwriting authority and underwriting guidelines including rationale on accommodations
Coordinate audits conducted by capacity providers or regulators, including providing supporting documentation and systems access as well as follow up action items
Support the Home Office Underwriting team:
Establish PCS’s underwriting appetite through standard and partner specific Underwriting Guidelines
Develop and maintain standard underwriting best practices, processes, and position papers that provide background knowledge, rationale, and guidance
Establish and maintain PCS’ standard and partner-specific Delegated Underwriting Authorities
Managing system supported underwriting rules
Collaborate with Human Resources, Risk Management, Product Management, and Underwriting teams in the development and dissemination of training materials
Communicate to capacity partners PCS’s underwriting appetite and strategies
Partner with members of Home Office Underwriting, Field Underwriting, Risk Management, Product Management, Technology, and Sales & Distribution in identifying technologies that improve the efficiency and effectiveness of the Underwriting teams
Develop process flows to implement new technology
Qualification
Required
Minimum of 7 years of experience in the personal lines marketplace preferably in Underwriting positions
Proven collaborative, operational, and project management skills
Ability to work with all levels of the organization to communicate and gain alignment around a vision
In-depth knowledge of underwriting workflows
Applicants must be legally authorized to work in the United States and must not require employment-based visa sponsorship now or in the future
Preferred
Vendor management skills are preferred
Experience in an MGA managing capacity partner relationships is preferred but not necessary
Company
Private Client Select
Private Client Select offers property insurance, auto insurance, financial services, and risk management services.
Funding
Current Stage
Growth StageRecent News
2025-01-08
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