Underwriting Manager- Professional Liability

Underwriting Manager - Professional Liability

Description and Requirements

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 guidance, training, and performance management.
• Identify, plan, and resolve routine department coverage and workload issues.
• Underwrite and analyze new and renewal accounts for the most complex assignments.
• Serve as a subject matter expertise 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 to applicable program. 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 program 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

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.

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