Bachelor’s Degree in Business, Economics, Risk Management and Insurance, or a related field or equivalent experience
Generally, a minimum of 9 years of underwriting experience or a related field, including a minimum of 4 years of leadership experience
Continuing progress toward and/or the completion of a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS) or Associate of Risk Management (ARM), or a marketing designation
Typically manages 2 or more reports
Implements policies, procedures, and strategies under the direction of management
Allocates resources efficiently and sets realistic timelines
Participates in annual planning and goal-setting
Ensures that the team meets performance goals
Responsibilities
Overseeing Underwriting team operations, optimizing workflows and ensuring high productivity
Developing and implementing strategic plans for the Underwriting team to ensure alignment with business goals and objectives
Evaluating the quality and volume of underwritten risks and preparing detailed reports to communicate findings
Cultivating and leveraging strategic relationships with internal and external stakeholders to drive and sustain profitable growth
Ensuring meticulous documentation of underwriting decisions and maintaining compliance with state and federal insurance regulations
Leading the assessment of policy renewals and modifications, identifying strategic improvements and risk mitigation opportunities
Overseeing the delivery of exceptional customer service. Developing and monitoring management reports on service levels, activities, and customer experiences, and implementing strategic improvements as necessary
Managing and updating underwriting rules and guidelines, rating manual rules, and insurance laws and regulations as needed