Underwriting Manager

Austin, Texas


Employer: USI Holdings Corporation
Industry: 
Salary: Competitive
Job type: Full-Time

General Description: Manage a team of insurance underwriters. Assess large risks of a complex nature. Oversight of underwriters to develop and negotiate premiums. Manage relationships with brokers and carriers. Provide appropriate insurance products to clients. Generate profit in accordance with company goals.

Responsibilities:

• Accountable for full-cycle recruitment, management, and development of assigned team. Includes providing leadership and guidance, training, and performance management.

• Identify, plan, and resolve routine department coverage and workload issues. Take necessary action to resolve issues.

• Underwrite and analyze new and renewal accounts for the most complex assignments.

• Serve as a subject matter expert 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. 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 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.

Knowledge, Skills and Abilities:

• 7 years + underwriting experience. Includes 2 years + of supervisory experience.

• High school diploma or equivalent 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.
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USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.

Job ID:

28315

Created: 2024-06-07
Reference: 28315
Country: United States
State: Texas
City: Austin
ZIP: 78749


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