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Munich Re · 1 day ago

Underwriting Operations Lead

Richmond, VA

Full-time

Hybrid

Senior Level, Lead/Staff

$141K/yr - $207K/yr

10+ years exp

Munich Re Specialty - North America is a leading specialty insurance provider committed to delivering exceptional underwriting and risk management expertise. The Underwriting Operations Lead will drive operational excellence by managing underwriting guidelines, fostering process improvements, and ensuring compliance while collaborating with various departments.

FinanceInsuranceInsurTechRisk Management

Comp. & Benefits

H1B Sponsor Likely

Hiring Manager

JoanAnn Rafferty

Responsibilities

Promote a culture of process improvement and drive efficiency in all areas

Lead the ongoing design, development, and maintenance of the commercial property and casualty, personal, manuscript, ISO, and Lloyds based forms libraries

Lead the ongoing design, development and maintenance of the commercial property and casualty, personal, manuscript, ISO, and Lloyds based underwriting guidelines

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

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

PropertyCasualty underwritingISOManuscript competencyTechnical insurance issue resolutionMicrosoft Office proficiencyLeadership skillsTraining experienceBachelor’s DegreeInsurance DesignationPresentation experience

Required

Minimum 10 years of Property and Casualty underwriting experience preferably with an Insurance Carrier or Wholesale Insurance Broker

ISO and Manuscript Insurance Coverage and Form competency necessary

Ability to research and resolve technical insurance issues

Proficient in all Microsoft Office programs (Outlook, Word, Excel, One Note, PowerPoint, SharePoint, and Teams)

Strong influencing skills to ensure alignment with Underwriting, Operations, Finance, Technical, and Compliance

Strong leadership skills with the ability to build rapport, teamwork, and resolve conflicts

Presentation and training experience

Bachelor's or University Degree in Business Management, Science, Finance or equivalent required

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

Glassdoor4.2

Munich Re is an insurance company that provides reinsurance, insurance, and risk solutions.

Founded in 1980

Munich, Bayern, DEU

10001+ employees

https://www.munichre.com

H1B Sponsorship

Munich Re 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 (4)

2024 (7)

2023 (3)