Manager - Commercial Auto Insurance Underwriting
- Employer
- Welling Young, LLC
- Location
- Addison, Texas
- Salary
- Base Salary + Annual bonus and benefits
- Closing date
- Jan 27, 2023
View more
- Category
- Reinsurance, Risk Management, Underwriting
- Job Type
- Full Time
- Career Level
- Manager
Job Details
We are seeking an experienced Commercial Auto Underwriting Manager. The Commercial Auto Underwriting Manager will effectively underwrite and manage a book of Commercial Auto accounts and manage the Underwriting team for an industry leader in property and casualty insurance. We provide customized Monoline Commercial Auto coverage to a broad range of classes including artisan contractors, construction related, agriculture, manufacturing, and service industries.
Primary Duties
- Manages a team of commercial auto underwriters
- Provide underwriting proposals and rate recommendations in a timely manner
- Utilize company underwriting models and prior experience to evaluate risk
- Provides ownership and oversight of the underwriting quality control process
- Review and approve underwriter quote recommendations for accuracy, completeness of analysis and compliance with pricing guidelines
- Carefully evaluate loss control, financial and other underwriting data to determine if a risk is acceptable
- Provide rate recommendations that are competitive and ensure long-term profitability for the company
- Lead and manage producer relationships, in collaboration with peer leadership, including proper support and service delivery activities to ensure achievement of business plan objectives
- Ensure accuracy of policy documents and assist in drafting manuscript endorsements for assigned accounts
- Support recommendations with industry data, thoroughly document underwriting files, calculate collateral requirements, and lead account review meetings
- Maintain positive relationships with internal departments and external customers
- Assist the marketing team with production and networking efforts through customer and agency visits, seminars, conferences, etc.
- Monitor a book of accounts to ensure profitability and make recommendations regarding any action needed
- Conduct industry and competitor research to identify new opportunities and provide direction on business to target
- Mentor and develop an underwriting team and provide interdepartmental and external training
- Assist in identifying improvements to the company’s underwriting processes that will lead to profitability and growth
Skills/Requirements
- Minimum 3-5 + years of commercial auto underwriting experience for an insurance company or MGA
- 3+ year's experience managing direct reports
- Bachelor’s degree preferred or equivalent work-related experience
- Strong analytical and problem-solving skills
- Excellent written and verbal communication skills
- Detail-oriented with effective time management skill
- Demonstrated leadership success with teams and peers including collaboration, persuasion, vision, emotional intelligence, and talent development
- Demonstrated success cultivating and maintaining business relationships with key customers to support departmental goals and objectives
- Proficient computer skills required including Microsoft Office Suite
- Demonstrated successful ability to build positive relationships and partnerships within department, across the organization and with external customers
- Ability to think strategically with supporting analytical and problem-solving skills, including the ability to deal with ambiguity
- Excellent organizational skills and ability to function in a fast paced, highly visible, and changing environment
- Designations such as CIC, CPCU, and/or AU, preferred
Company
Welling Young is a boutique Recruiting firm specializing in the Insurance and Risk Management Field. We are a high touch, predominantly retained search operation with 25 years of recruiting industry experience. We recruit for positions ranging from C level and Directors to Producers, Underwriters, Wholesale Brokers and Account Executives/Account Managers. Within these particular positions, we focus on verticals ranging from Auto Dealerships, Construction, Energy, Transportation, Real Estate, Employee Benefits, et al.
- Telephone
- (443) 854-5098
- Location
-
15301 North Dallas Parkway
Suite 500
Addison
Texas
75001
US
Get job alerts
Create a job alert and receive personalized job recommendations straight to your inbox.
Create alert