This role will maintain relationships with other functional areas within the company including Claims, Sales, Customer Service, Operations, and IT. The underwriting manager ensures that existing products are implemented and executed based on individual state strategies as documented in the underwriting guidelines. The underwriting manager will utilize data and produce reports to monitor and report on the current state of the work load and to ensure that work is evenly distributed amongst the team. The underwriting manager will maintain relationships with top 20 agents and participate in agency management discussions with product and sales. The underwriting manager may take on primary underwriting responsibilities for complex risks or be designated to be the primary underwriter on fleet accounts. This role will also assist in the underwriting of individual files when referral volume is heavy.
Essential Duties and Responsibilities:
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Supervise a team of underwriters and underwriting assistants which includes evaluating performance of team and assisting with other staffing decisions and planning.
Train and mentors Processing and Phone teams as new and/or revised procedures are implemented, and train and mentors less experienced staff/personnel and/or Territory Sales Managers (TSMs) and agents
Identifies strategic opportunities for growth and profitability by analyzing current procedures and guidelines
Work collaboratively with the Marketing Department and Commercial Product Managers and Analysts to accomplish growth and profit objectives
Communicates underwriting guidelines, philosophies, and decisions with Pricing, Marketing, Compliance, etc. and generates ideas & facilitate automation for the Commercial product.
Develop and analyze both internal and external data in order to provide key input to Pricing and Marketing by analyzing the quality of agents' business through profile reviews, audits, and ongoing communication with Pricing, Marketing, and PS&S
Help to determine actions needed for agent rehabilitation
Utilize performance evaluation to perform underwriting audits including conducting file reviews to ensure adherence with underwriting guidelines and direction.
Participates in annual agent reviews with Pricing and Marketing. Assist the TSMs with Agency audits.
Perform risk reviews and upfront underwriting reviews to determine risk acceptability (new business, renewals, reinstatements)
Serve as point of contact for some exceptions (UW's, agents, sups, TSM, Pricing, Marketing, Etc.)
Provide input into product decisions and procedures with significant involvement with underwriting and processing of new business and renewals
Prepare reports for various channels and departments and participate in meetings as necessary
Possess a significant knowledge of state and federal laws and regulations applicable to the use of commercial vehicles and act a subject matter expert for both agents and underwriters.
Minimum Skills and Competencies:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor's Degree or in-lieu of degree equivalent education, training and work-related experience
2 years Supervisory experience
7 years of commercial auto underwriting experience.
Ability to establish and maintain agency relationships, identify profitable opportunities, and able to assist in leveraging business opportunities for other divisions.
Ability to effectively manage a book of business.
Proficient in evaluating agencies for new business potential.
Expertise in underwriting policies, procedures and best practices.
Thorough understanding of the insurance industry and organizational relationships of the company.
Effective leadership and diplomacy skills; must be able to coach and mentor others
Strong analytical skills
Strong attention to detail, organizational skills, and timeliness in order to meet customer service expectations
Ability and desire to learn and effectively use computer based underwriting systems to manage workflow
Expertise with forms and commercial insurance coverages.
Must possess effective verbal and written communication skills
Expertise is specialized subject matter
Experience supervising and training Underwriters
Insurance professional designations such as IIC, CPCU, AU, and/or ARM,
MBA or graduate degree in Marketing, Finance, or Law
Advanced PC skills, Word, Power point, Excel
About National General Holdings:
In addition to a phenomenal career opportunity, **MEMBERS ONLY**SIGN UP NOW***. offers an excellent benefits package including:
* Paid Training
* Medical, Dental, Vision benefits
* Wellness Programs
* Life and Short/Long Term Disability Insurance
* 401k w/ Company Match
* Company Paid Holidays & Generous Time-off policy
* Employee Discount Program
* Career Advancement and Development Opportunities
* On-site Healthcare Clinic (Winston-Salem and Cleveland offices)
Position Type: Full-Time Permanent
Years of Experience Required: