Munich Re Specialty - North America ยท 1 day ago
Underwriting Operations Lead
Herndon, VA
Full-time
Hybrid
Senior Level, Lead/Staff
$141K/yr - $207K/yr
10+ years expMunich Re Specialty - North America is a leading specialty insurance provider dedicated to delivering exceptional underwriting, claims, and risk management expertise. The Underwriting Operations Lead plays a pivotal role in driving operational excellence across underwriting functions, focusing on process improvement, product development, and compliance oversight.
Insurance
Responsibilities
Lead the ongoing design, development, and maintenance of the commercial property and casualty, personal, manuscript, ISO, and Lloyds based forms libraries and underwriting guideines
Develop, maintain and train Coverholders on ISO and/or Lloyds based products including rating
Lead ongoing development and monitoring of the documentation and implementation of efficient procedures including training, internal/external communication, and ongoing revisions for existing usage guidelines, guides, and new products
Manage ongoing iBridge updates of Underwriting Guidelines, appetite, forms, rating, Coverholder Bulletins, Coverholder Factsheet, and Coverholder Scorecard
Train new Coverholders on all aspects of iBridge
Train, monitor, and supervise Applications Administrator and Coverholders on Docucorp forms libraries, form language, and completion of dynamic fields data
Provide input to Data Governance Analyst on Bordereaux Validations
Conduct testing and training of new Coverholders with bordereaux formats
Collaborate and communicate regularly with other teams such as Managed Underwriting, Compliance, Technical, Accounting, London Operations, and Claims
Assist in the ongoing revisions of Compliance Review process including report templates, questionnaires, and acceptable responses for Coverholders and external vendors
Conduct at least three Coverholder Compliance reviews annually
Participate in at least three Coverholder Underwriting reviews annually
Promote a culture of process improvement and drive efficiency in all areas
Familiar with US and state statutory insurance regulations in the US property and casualty sector
Travel as necessary for the position, continental United States and London
Assorted other duties as assigned
Qualification
Required
Minimum 10 years of Property and Casualty underwriting experience preferably with an Insurance Carrier or Wholesale Insurance Broker required
Bachelor's or University Degree in Business Management, Science, Finance or equivalent required
ISO and Manuscript Insurance Coverage and Form competency required
Strong influencing skills to ensure alignment with Underwriting, Operations, Finance, Technical, and Compliance
Ability to research and resolve technical insurance issues
Proficient in all Microsoft Office programs (Outlook, Word, Excel, One Note, PowerPoint, SharePoint, and Teams)
Strong leadership skills with the ability to build rapport, teamwork, and resolve conflicts
Presentation and training experience
Preferred
Insurance Designation such as CPCU, ASLI, AU a plus
Benefits
Health insurance coverage
An employee wellness program
Life and disability insurance
401k match
Retirement savings plan
Paid holidays
Paid time off (PTO)
Company
Munich Re Specialty - North America
Munich Re Specialty combines premier specialty expertise, capabilities, and products to offer partners and customers simplified access to a wide range of specialty insurance solutions and services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Michael Kerner
Chief Executive Officer
Sabrina Hart
President and CEO
Company data provided by crunchbase