Emc Underwriting Manager
At EMC, we're all about working together to make an impact. As part of our team, you'll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive expertsalways supporting each other to do our best work. Join us, and let's improve lives together.
This position is eligible to work a hybrid schedule from the Twin City Metro.
Essential Functions :
- Leads and directs the branch underwriting process.
- Develops and enforces underwriting guidelines and procedures specific to their branch territory.
- Models smart and effective underwriting practices for individual accounts, all lines of business, and different classes.
- Sets and implements strategies to address challenges to profit and communicates strategies throughout the underwriting department.
- Answers questions, shares recommendations for complex situations, such as difficult accounts, communication strategies or problematic agency relationships and explains the rationale for recommendations.
- Monitors business results to ensure that underwriters operate within authority limits, guidelines, and branch service directives while matching price to quality across the book of business and meeting rate goals.
- Serves as the subject matter expert for the branch and makes final decisions on complex or high-risk accounts.
- Reviews updates received from Corporate Office Underwriting and communicates changes to team.
- Oversees and directs the underwriting department team, focusing on both long-term and short-term success.
- Collaborates with team members to establish performance goals and monitors status, conducts reviews, and provides coaching.
- Interviews, hires, and recommends salary adjustments for team members.
- Directs existing and develops and fosters new agency relationships to grow profitable relationships and rehabilitate unprofitable and low growth relationships.
- Collaborates with Branch Vice President to determine underwriting strategy and practices and establishes short-term and long-term underwriting goals.
- Performs audits on new business and renewals for compliance with Sarbanes Oxley, letters of authority, and quality and completeness of the underwriting being done in the branch.
- Coordinates with underwriters, marketing and branch management in the agency management process including planning and agency review meetings.
Education & Experience :
Bachelor's degree, preferably in insurance or business administration or equivalent relevant experienceTen years of commercial lines underwriting experiencePrevious supervisory / leadership experienceCPCU designation or other underwriting-related designation(s) preferredKnowledge, Skills, & Abilties :
Superior knowledge of underwriting and risk analysisExceptional problem-solving skills and the ability to make sound decisionsStrong computer skills, including knowledge of Microsoft Office and social mediaAbility to oversee multiple projects at one time and make decisions under challenging circumstancesExcellent ability to translate technical ideas into more general terms for business customersAbility to explore new and different processes, services, technologies, and partnerships to enhance EMC's businessSuperior written and verbal communication skillsExcellent leadership skills and ability to motivate teamExcellent ability to effectively communicate products, procedures, business planning and system informationExceptional customer service skillsAbility to speak effectively before groupsOccasional travel; a valid driver's license with an acceptable motor vehicle report per company standards will be required if drivingThe hiring salary range for this position will vary based on geographic location, falling within either of the following : $118,603 - $170,001 or $130,774 - $187,434. A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.
Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws. All of our locations are tobacco free including in company vehicles.