Insurance, Property and Casualty InsuranceIndustries
Requirements
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
Minimum of 4 years of leadership experience
Completion of or continuing progress toward 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
Ability to work a hybrid schedule out of Windsor, CT office
Typically manages 2 or more reports
Responsibilities
Oversee Underwriting team operations, optimizing workflows and ensuring high productivity
Develop and implement strategic plans for the Underwriting team to ensure alignment with business goals and objectives
Oversee comprehensive reviews of risk assessments to validate and verify the accuracy of underwriting decisions
Cultivate and leverage strategic relationships with internal and external stakeholders to drive profitable growth
Ensure meticulous documentation of underwriting decisions and maintain compliance with state and federal insurance regulations
Assess policy renewals and modifications, identifying potential improvements and ways to mitigate risks
Ensure high-quality customer service; develop and monitor management reports on service levels, activities, and customer experiences; recommend and implement improvements as needed
Manage and update underwriting rules and guidelines, rating manual rules, and insurance laws and regulations as needed
Lead and mentor Underwriter employees, ensuring they excel in their roles
Serve as a resource on Underwriting policy and procedures
Identify opportunities for process improvements and implement best practices to enhance efficiency and service quality
Responsible for performance and coaching of staff and decisions regarding talent selection, development, and performance management
Ensure new members of the team receive proper training and meet performance targets