[Hiring] Senior Underwriting Manager @Intact Insurance Specialty Solutions

Role Description

We currently have an opportunity for a Senior Underwriting Manager to join our Surety team based remotely in Texas. This position manages all components of development, growth and profitability for a book of business in an assigned territory or region and is accountable for the effective underwriting, pricing, development and retention of profitable business through managing all components of profit, loss and expenses within a region. Some of the Senior Underwriting Manager responsibilities include but are not limited to:

• 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)
  • commission targets
• Manages underwriting quality and book management which includes:
  • executing underwriting strategy (including portfolio management)
  • 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)
  • identifying and analyzing book trends
  • managing catastrophe plans
  • maintaining a strong professional knowledge of competitive, regulatory and legal environments and applying 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.
• 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 regarding products or line of business. May assist with the creation of pertinent underwriting guidelines, product and system modifications, and coverage forms.
• 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
• 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.

Qualifications

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

Requirements

• Our salary ranges are determined by many factors including location, role, experience and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires; however, your recruiter will provide more specific compensation details during the hiring process. The typical base salary range for this position is: $209,000 – $245,000, based on the factors aforementioned.

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.

Company Description

At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.