Vice President Group Underwriting
- Employer
- Ullico, Inc.
- Location
- Silver Spring, Maryland
- Salary
- Competitive salary and comprehensive benefits
- Closing date
- Oct 27, 2020
View more
- Category
- Underwriting, Executive / Management
- Job Type
- Full Time
- Career Level
- Executive
Job Details
Ullico Inc. is actively recruiting a Vice President, Group Underwriting to be located in our Silver Spring, MD office. The person will oversee the Underwriting Department, attain operational goals and profit objectives as agreed upon and will serve as a technical resource for all areas of operations.
The job duties are as follows:
* Ensure appropriate underwriting screening and risk analysis is accomplished on new business requests and on renewals. Approve rating process on target cases.
* Develop and monitor special situations as assigned by senior management.
* Develop appropriate adjustments needed in trend factors, margins, retention factors and/or general and specific underwriting policies or rules.
* Assist in the analysis and monitoring of financial results for assigned business.
* Formulate with department managers the annual budgets and operating plans.
* Ensure assigned departments are properly staffed and trained.
* Perform other similar and related activities as required.
The successful candidate will have a Bachelor’s Degree in Business, Finance or related field and 7 to 10 years of related experience. Group Underwriting experience, with particular emphasis on stop loss insurance is required. Must demonstrate effective written and oral communication skills and be proficient using the MS Office Suite to include Word, Excel, PowerPoint, and Adobe Acrobat.
For over 90 years, Ullico, the only labor-owned insurance and investment company, has been a proud partner of the labor movement. From insurance products for members, leaders and employers, to investments that have created thousands of union jobs, our customers continue to count on Ullico to protect them. The Ullico Inc. family of companies includes The Union Labor Life Insurance Company; Ullico Casualty Group, Inc.; Ullico Investment Company, Inc.; and Ullico Investment Advisors, Inc.
Visit www.ullico.com.
We offer a competitive starting salary and an outstanding benefits package including health/dental/vision, 401(k) and pension plan.
This organization participates in E-Verify.
Company
Our ability to serve America’s workers responsibly is what counts with the Ullico Family of Companies. This was true at the founding of The Union Labor Life Insurance Company in 1927 and remains true today for all subsidiaries and business lines. The products offered may change and grow to meet the dynamic needs of labor, but our commitment to working men and women is everlasting.
Our mission is:
- to serve labor organizations, union employers, institutional investors and the working men and women of America – OUR CUSTOMERS
- to develop and deliver innovative, sound and fairly priced insurance and investment products and services – OUR PRODUCTS
- to ensure the preservation and growth of company assets and provide fair and equitable returns for our labor partners – OUR STOCKHOLDERS
- to nurture a diverse work environment that promotes loyalty, integrity, quality, innovation, teamwork, accountability and sensitivity, and provides meaningful and rewarding opportunities for our most important asset – OUR EMPLOYEES
- to exert a positive influence on the labor movement and on the communities in which we work and live – OUR CORPORATE CITIZENSHIP
The Ullico Difference
FINANCIAL STRENGTH: Financial strength and security, with a focus on discipline and accountability, to deliver stability amidst market uncertainty and solid growth into the future
PRODUCT EXPERTISE: Unparalleled combination of expertise in each of our product categories and experience in the union marketplace
MARKET CREDIBILITY: Unmatched credibility within the labor movement and an in-depth knowledge and understanding of labor’s unique challenges
LABOR VALUES: 80 years of service to the labor movement defined by the same work ethic and values of working men and women and the unions that represent them
PROACTIVE SOLUTIONS: A proactive approach to anticipating labor’s needs, developing innovative financial and risk solutions and delivering value to our clients
LABOR HERITAGE: A labor heritage that was born out of the vision of labor leaders and lives on through union investments and direct relationships with two-thirds of the labor market
- Website
- http://www.ullico.com/
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