Senior Underwriting Manager - Inland Marine (Remote - Texas)

Intact Insurance Specialty Solutions • , TX

13h • $205,000 - $262,000 • Remote

About The Position

This position manages all components of development, growth and profitability for a book of business in an assigned territory or region. Accountable for the effective underwriting, pricing, development and retention of profitable business through managing all components of profit, loss and expenses within a region. Develops and executes strategic underwriting direction and initiatives that contribute to the growth and profitability in the region. Responsible for compliance with underwriting standards, authorities and jurisdictional regulations. Manages assigned underwriting staff and acts as primary underwriting referral resource within the region.

Requirements

• Bachelor’s degree or equivalent experience required.
• Minimum of 7-10 years or progressively complex insurance experience.
• 5-7 years of supervisory experience

Nice To Haves

• MBA or CPCU designation highly desirable.

Responsibilities

• Responsible for financial performance of Specialty insurance products in assigned territory or region including: accident year loss ratio, premium plans (including new business, retention, and rate/exposure increases), and commission targets.
• Manages underwriting quality and book management which includes: executing underwriting strategy (including portfolio management), and self-auditing new and renewal business (eligibility, class fit, price to exposure, use of pricing tools, deductibles, insurance to value, analysis of losses, and well documented approvals of underwriting edits). Identifies and analyzes book trends, and manages catastrophe plans. Maintains a strong professional knowledge of competitive, regulatory and legal environments and applies this information effectively.
• Acts as primary underwriting referral resource for assigned discipline within the region. Along with underwriters, examines, identifies and evaluates exposures by analyzing underwriter file and documentation. Makes underwriting decisions to accept, decline or modify risks within discipline and assigned underwriting authority levels. Demonstrates a strong understanding of exposures and key coverage issues. Manages and implements underwriting decisions in compliance with state laws.
• Ensures compliance with underwriting standards and authorities. Monitors regional results and develops actions as needed. Performs audits for adherence to company policies and legal requirements.
• Provides strategic and tactical input to other members of their regarding products or line of business. May assist with the creation of pertinent underwriting guidelines, product and system modifications, and coverage forms. May be recognized within the region as the subject matter expert for a particular segment or line of business.
• Participates in producer presentation meetings, including travel to key producers and participation in agency planning with other staff. Communicates and ensures achievement of service standards.
• Manages technical development of staff within the business and may directly manage Underwriters and/or Underwriting Associate(s). This includes: goal setting, skill assessment, staff selection/role alignment, feedback and/or completion of performance appraisals, development, and building of technical skills. Frequently communicates regional and local goals. Oversees training and personal development programs.
• Depending on discipline or segment may have responsibility for driving new business production results for assigned territory and/or line of business and may be responsible for underwriting a book of business. This includes writing new business, identifying program opportunities and maintaining high level agency relationships within the assigned producer plant.

Benefits

• Comprehensive medical, dental and vision insurance with no waiting period
• Competitive paid time off programs
• 401(k) savings and annual contributions of up to 12% of annual salary
• Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Senior