Utica Mutual Insurance Company

Director of Enterprise Underwriting

Utica Mutual Insurance Company$190K — $233K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of P&C Underwriting experience with progressive leadership roles
  • 3+ years of leadership experience
  • Bachelor's Degree in Business Administration, Risk Management, or Finance preferred
  • Chartered Property Casualty Underwriter and Certified Insurance Counselor designations highly preferred

Responsibilities

  • Oversee all commercial underwriting functions and quality assurance
  • Manage underwriting education and identify skill gaps
  • Facilitate strategic underwriting referrals and collaborate on guidelines
  • Monitor and manage Enterprise Underwriting expenses
  • Lead current and future underwriting projects as a subject matter expert
  • Support new products and initiatives across segments
  • Review financial data to inform rate adjustments

Benefits

  • Comprehensive Medical and Prescription Drug Benefit
  • Dental and Vision Benefits
  • Life Insurance and Disability Benefits
  • 401(k) Profit Sharing with company contributions
  • Tuition Assistance, Training, and Professional Designations
  • Company-Paid Family Leave
  • Adoption/Surrogacy Assistance Benefit
  • Wellness programs
  • Paid Volunteer Day
  • Employee Referral Award Program
Full Job Description
What you will do

This Senior Leadership role involves overseeing all commercial underwriting functions, quality assurance, and field underwriting execution. It includes managing underwriting education, identifying skill gaps, and facilitating discussions. The position also handles strategic underwriting referrals, collaborates on guidelines, monitors expenses, leads projects, and supports new product initiatives. Additionally, it reviews financial data to adjust rates and serves as a communication link between Enterprise Underwriting and regional teams.

Essential Functions:
  • Direct oversight of the following:
    • Underwriting authority for all commercial underwriting functions within the company.
    • Quality Assurance Underwriting Program, and overall underwriting execution of the field underwriting teams.
    • Underwriting Education and training. Facilitates discussion between field operations and underwriting education on needs and expectations. Takes an active role in identifying skill gaps and certain training functions.
    • Strategic Underwriting team; manages the referral process for field underwriting.
  • Working in close collaboration with the line of business directors, is responsible for underwriting guidelines across all commercial lines along with maintenance of the underwriting manual
  • Helps manage Enterprise Underwriting expenses by monitoring usage with outside vendors, as well as internal process improvements.
  • Takes a leadership role in current and future underwriting projects. Serves as underwriting SME in projects for other functional areas.
  • Work directly with other areas of Enterprise Underwriting to support the needs of segments with new product/forms/book rolls, or other opportunities as they arise.
  • Review and analyze financial and loss experience information to assist in changes needed to rate/rules/guidance for the field.
  • Conduit of communication between Enterprise Underwriting and the regional underwriting teams.
  • Performs other duties as assigned.
  • Conforms with all corporate policies and procedures.

What you need
  • 8+ years of P&C Underwriting experience, including progressive leadership positions
  • 3+ years leadership experience
  • Bachelor's Degree in Business Administration; Risk Management; or Finance preferred or equivalent experience.
  • Chartered Property Casualty Underwriter and Certified Insurance Counselor designations highly preferred.

Additional Information:

Location: New Hartford, NY OR Charlotte, NC

Hybrid

Salary Range:

$190,000 - $233,000

**The final salary to be paid and position within the internal salary range is reflective of the employee's work experience, their geographic location, education, certification(s), scope and responsibilities in the role, and additional qualifications.**

This position is bonus eligible.

Benefits:

We believe strongly that talented people are core to our success and are attracted to companies that provide competitive pay, comprehensive benefits packages, career advancement and challenging work opportunities. We offer a Comprehensive Benefits Plan for full time employees that include the following
  • Medical and Prescription Drug Benefit
  • Dental Benefit
  • Vision Benefit
  • Life Insurance and Disability Benefits
  • 401(k) Profit Sharing and Investment Plan (Includes annual Company financial contribution and discretionary Profit Sharing contribution based upon annual company financial results)
  • Health Savings Account (HSA)
  • Flexible Spending Accounts
  • Tuition Assistance, Training, and Professional Designations
  • Company-Paid Family Leave
  • Adoption/Surrogacy Assistance Benefit
  • Voluntary Benefits - Group Accident Insurance, Hospital Indemnity, Critical Illness, Legal, ID Theft Protection, Pet Insurance
  • Student Loan Refinancing Services
  • Care.com Membership with Back-up Care, Senior Solutions
  • Business Travel Accident Insurance
  • Matching Gifts program
  • Paid Volunteer Day
  • Employee Referral Award Program
  • Wellness programs

Additional Information

This position is a full time salaried, exempt (non overtime eligible) position.

Apply now and find out what it's like to be a part of an amazing team, thrive in an exciting environment and work for a company you can be proud of. Once you complete your application, you can monitor your status in the hiring process by logging into your profile. A representative from our Talent Acquisition team will be in touch regarding any change in your candidacy.

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About Utica Mutual Insurance Company

Utica Mutual Insurance Company is a property and casualty insurance company that provides a range of insurance products to individuals and businesses. The company was founded in 1914 and is headquartered in New Hartford, New York. Utica Mutual Insurance Company is a subsidiary of Utica National Insurance Group, a mutual insurance holding company. The company has a strong financial position and is committed to providing excellent customer service.
Learn more about Utica Mutual Insurance Company
Size
1,000 employees
Industry
Net Income
$50 million
5 Year Trend
+2%
Revenue
$500 million
NASDAQ

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