ResponsibilitiesThe
E&S Underwriting Manager will be responsible for building and overseeing the E&S primary auto department. This role will be responsible for Portfolio Strategy & Execution, Risk Selection and Pricing, Portfolio Stewardship and Product Management. This is a critical role which requires oversight of strategic underwriting practices nationally. This leader will utilize their expertise to create, manage, design and drive diverse multidimensional strategies for our E&S book of business. We require strong leadership skills that will cultivate portfolio insights, develop strategy, and deliver a collaborative value chain with our Agents and customers.
Key Functionswill include but not be limited to:
- Collaborate with actuarial team to develop pricing model and optimize portfolio through risk selection and pricing strategy to maximize profitability
- Develop, implement and monitor underwriting guidelines, rates, forms, pricing, endorsements and procedures
- Develop, implement and manage strategic underwriting for specific lines of E&S
- Provide business forecasting related to trends and profitability
- Thoughtfully establish group strategy, appetite and marketing plans
- Lead pro-active discussions with reinsurers, verifying the appropriate use of reinsurance used by specific lines of business, including various treaty and facultative reinsurance.
- Conduct regular visits with general agents, brokers and program managers to understand business needs, reinforce objectives, drive business results and identify new business opportunities.
- Monitor results, collaborate with actuarial team and optimize portfolio through risk selection and pricing strategy to maximize profitability
- Eventually will be responsible for the planning and management of building out the E&S team including: hiring, placement, training, performance management, salary planning and administration and budgeting.
Qualifications- Bachelor's Degree
- CPCU Designation Preferred
- 8+ years of E&S experience with primary casualty underwriting and/or management
- Prior commercial insurance business startup experience a plus
- Expert understanding of casualty insurance market and trends, competitor landscape and legal and regulatory environment
- Demonstrable experience setting strategy and monitoring production and profitability on a regional and/or national level
We do not accept any unsolicited resumes from external recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include:
• Base Salary Range: $130,000 - $175,000
• Eligible to participate in annual discretionary bonus.
• Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship DetailsSponsorship not Offered for this Role