Senior Production Underwriter

Allied SolutionsBatavia, IL
54dOnsite

About The Position

The Senior Production Underwriter is directly responsible for establishing and leading company growth and profitability objectives for the Risk Management Operations (RMO) Lender Placed Insurance Programs, services and manufactured products while ensuring compliance with regulatory requirements. This is accomplished through risk management evaluation, specifically corrective performance evaluations of individual client premium and claims experience to ensure overall client profitability and client retention of existing business, while executing a thorough case management performance process. The Senior Production Underwriter provides measurable input and leads product development and operational efficiency improvement initiatives resulting in enhanced revenue, operational cost reduction and improving the underwriting process to mitigate risk and reduce claims by developing enhanced coverages and utilizing ancillary risk solutions. A major responsibility of the position includes negotiating and selling the underwriting reasoning to Senior sales leadership and Allied's senior leadership team. The Senior Production Underwriter leads training and mentoring other underwriting team members.

Requirements

  • Bachelor's degree required in the field of study: Accounting, Finance, Risk Management or Business.
  • 8-10 years of work-related experience required.
  • Property and Casualty License Required
  • Requires broad knowledge of the technical and operational practices within the insurance underwriting field.
  • Computer Skills - Requires above average proficiency in the use of computer (Word Excel, PowerPoint, and Power BI) for compiling reports, statistical data, composing memoranda and other similar documents.

Nice To Haves

  • Previous experience leading people or a team is preferred.

Responsibilities

  • Product & Profitability Performance Analysis (30%)
  • Pricing & Underwriting (30%)
  • Communication, Collaboration, Influence and assigned tasks (15%)
  • Leadership Responsibilities (15%)
  • Maintain understanding of third-party insurance carrier requirements and CFPB, NCUA, & State Regulations (10%)

Benefits

  • medical, dental and vision insurance coverage
  • 100% company-paid life and disability coverage
  • 401k options with company match
  • three weeks PTO by the end of the first year
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