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Intact Insurance Specialty Solutions · 1 day ago

Underwriting Manager- Specialty Property (Hybrid or Remote)

New York, NY

Full-time

Hybrid

Senior Level

$153K/yr - $203K/yr

7+ years exp

Intact Insurance Specialty Solutions is dedicated to helping people, businesses, and society prosper. They are seeking an Underwriting Manager to join their Specialty Property team, responsible for managing financial performance, staff development, underwriting quality, and agency relationships while contributing to the growth of the Specialty Property book of business.

FinanceFinancial ServicesInsurance

Growth Opportunities

Responsibilities

Manages financial performance of all assigned products in assigned territory or region including accident year loss ratio, premium plans (including new business, retention, and rate/exposure increases), commission targets, staffing model, and oversight of portions of the budget

Manages assigned staff, including development, goal setting, skill assessment, staff selection, role alignment, and performance appraisals of staff. Provides frequent communication and measurement of corporate, regional, and local goals. Oversees training and personal development programs within the group

Manages underwriting quality and book management, which includes executing underwriting strategy (including portfolio management), self-auditing new and renewal business (eligibility, class fit, price to exposure, use of pricing tools, deductibles, insurance to value, analysis of losses, and well documented approvals of underwriting edits). Ensures compliance with standards and authorities are being met. Identifies and analyzes book trends and manages catastrophe plans

May have responsibility for driving new business production results for assigned territory by underwriting a book of business. This includes writing new business, identifying program opportunities and maintaining high level agency relationships within their assigned producer plant

Oversees agency relationships in an assigned region. Frequently travels to key producers, fosters agency relationships, and remains highly visible in the marketplace. Participates in agency planning and communicates/monitors agency action plans along with underwriters as needed. Oversees agency auditing, producer training support, and assists underwriters with agency authority management

Maintains a strong professional knowledge of competitive, regulatory, and legal environments within the territory or region and applies this information effectively. Consults with other businesses or home office staff and may participate on related projects and committees. Participates in industry events as a subject matter expert and representative of the company

Provides strategic and tactical input to Management regarding products, book of business and/or region. Determines and make recommendations for marketing, pricing, products, and systems

Qualification

Specialty lines underwritingSupervisory experienceProfessional insurance designationFinancial performance managementAgency relationship managementAnalytical skillsCommunication skillsTeam collaboration