Underwriting Manager jobs in United States
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USI Insurance Services · 1 day ago

Underwriting Manager

USI Insurance Services is seeking an Underwriting Manager to oversee a team of insurance underwriters. The role involves assessing complex risks, managing relationships with brokers and carriers, and ensuring profitability through appropriate insurance products.

Commercial InsuranceConsultingEmployee BenefitsFinancial ServicesHealth InsuranceInsuranceRisk Management
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Growth Opportunities

Responsibilities

Accountable for full-cycle recruitment, management, and development of assigned team. Includes providing guidance, training, and performance management
Identify, plan, and resolve routine department coverage and workload issues
Underwrite and analyze new and renewal accounts for the most complex assignments
Serve as a subject matter expertise to review insurance policy
Assess the risk to determine the appropriate price, coverage, and terms and conditions. Bring policy to completion with recommending and binding coverage, invoicing, and policy issuance
Identify the need, order, and evaluate additional risk assessment information
Underwrite within defined broad limits and authority
Establish underwriting policy and procedures
Develop and maintain working relationships with agencies. Communicate effectively through broker negotiations to ensure new business flow and profitable production
Communicate with agents to obtain supplemental underwriting information
Analyze and rate endorsement requests
Recommend authority levels for underwriting staff and amendments/enhancements to applicable program. Includes coverage, policy forms, premium rate plans and underwriting guidelines, loss control guidelines, and distribution
Collaborate with internal departments to execute agreed program strategy and identification of program opportunities
Engage in professional development. Includes relevant industry and organizational education and training
Require travel for client relationship building, key client/carrier meetings, educational development, and employee meetings

Qualification

Underwriting experienceSupervisory experienceProperty & Casualty licensureInsurance industry knowledgeNegotiation skillsMathematical skillsMicrosoft OfficeAnalytical skillsTeam managementCommunication skillsOrganizational skills

Required

7+ years of underwriting experience. Includes 2+ years of supervisory experience
High school diploma or equivalent required
For direct client service/underwriting, Property & Casualty and/or appropriate business licensure is required
Ability to manage a team effectively
Broad and deep knowledge of insurance industry market and appetite
Ability to establish product risk factors including proper risk exposure and compliance with state departments of insurance
Ability to effectively identify insurance product needs in the marketplace
Ability to negotiate and strong mathematical skills
Strong written, verbal, and interpersonal communication skills
Working knowledge of Microsoft Office suite of products
Proficiency in utilizing company systems
Strong organizational and analytical skills with attention to detail and accuracy
Ability to travel 25% of the time

Benefits

Medical
Wellness
Dental and vision
401(k)
Flexible spending and health savings accounts
Short and long-term disability
Life insurance
Other unique employer-sponsored and voluntary programs
Generous paid time off policy
Paid family leave benefit
Paid holiday time

Company

USI Insurance Services

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USI Insurance Services is an insurance brokerage and consulting firm that delivers diversified insurance and financial services.

Funding

Current Stage
Late Stage
Total Funding
$1B
Key Investors
Kohlberg Kravis Roberts
2023-09-11Private Equity· $1B
2017-03-17Secondary Market
2017-03-17Acquired

Leadership Team

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Stew Gibson
Senior Vice President and Chief Information Officer
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Dave Petno
Vice President, Employee Benefits Consultant
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Company data provided by crunchbase