Mercury Insurance

Manager Homeowners Package

Mercury Insurance$101K — $204K *
US-AnywhereRemote in United States
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required.
  • At least 8 years of related experience.
  • At least 5 years of managerial experience.
  • Preferred CPCU designation or coursework towards it.
  • Excellent written and verbal communication skills.

Responsibilities

  • Accountable for the overall underwriting effectiveness and profitability of the branch.
  • Ensure compliance with applicable laws and established underwriting practices.
  • Foster relationships with agents, vendors, and internal teams.
  • Provide continuous performance feedback and coaching to staff.
  • Maintain quality underwriting products that align with company strategy and standards.
  • Stay updated on industry and competitor developments.
  • Contribute to the development of new property products and system enhancements.

Benefits

  • Competitive compensation.
  • Flexibility to work from anywhere in the U.S. for most positions.
  • Paid time off, including vacation, sick time, and holidays.
  • Incentive bonus programs, including potential holiday and performance-based bonuses.
  • Comprehensive medical, dental, and vision insurance.
Full Job Description
Overview

 

Position Summary:

 

The Homeowners Package Underwriting Manager is responsible for overseeing the performance and professional development of Underwriting team members. This role also manages risk selection, pricing, and servicing of personal auto policies while ensuring high-quality work, operational efficiency, and service excellence.

Geo-Salary Information

An in-person interview may be required during the hiring process

 

State specific pay scales for this role are as follows:

$101,167 to $204,439 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$91,970 to $185,853 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$82,773 to $167,268 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

 

In CA: Typical hiring range is $137,522  to $168,083

 

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Responsibilities

Essential Job Functions:

  • Accountable for the overall underwriting effectiveness and profitability of the branch
  • Ensure compliance with applicable laws and regulations and established underwriting practices and procedures
  • Foster and maintain relationships with agents, vendors, and internal peers such as Sales and Product Management
  • Provide department staff with continuous performance feedback to reinforce desired behaviors. Identify and develop staff that display skills and aptitude for expanded roles and career opportunities. Conduct coaching and disciplinary actions when necessary
  • Ensure quality underwriting work product is produced consistent with strategy, standards, guidelines, service goals, and compliant with applicable laws and regulations
  • Keep up to date on industry and competitor developments
  • Maintain and update underwriting procedures in compliance with regulatory requirements. Continually review automation rules for efficiency and process improvements. Maintain alignment with other states whenever applicable
  • Contribute to the preparation and development of new property products, system enhancements, and forms. Oversee user testing and post implementation analysis and review
  • Other projects that drive process improvement, increased efficiency, growth, and profitability
Qualifications

Education:

Minimum:

  • Bachelors Degree required

Preferred:

  • CPCU designation or course work leading to a CPCU designation

Experience:

Minimum:

  • At least 8 years of related experience
  • At least 5 years of managerial experience

Skills & Abilities:

  • Requires the constant exercise of independent judgment with respect to personnel and claims issues which may have a very significant impact on the Company in areas such as costs, consumer loyalty, team member relations and legal complications.
  • Able to provide technical guidance and educational training to staff. In-depth knowledge of established Company policies and procedures and underwriting operations, and the ability to apply such knowledge in a managerial capacity.
  • Able to motivate, monitor and develop subordinates to maintain a knowledgeable and highly qualified underwriting staff.
  • Excellent written and verbal communication skills.
  • Able to communicate professionally at all levels within and outside of the organization.
Perks and Benefits

We offer many great benefits, including:

  • Competitive compensation
  • Flexibility to work from anywhere in the United States for most positions
  • Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
  • Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
  • Medical, dental, vision, life, and pet insurance
  • 401 (k) retirement savings plan with company match
  • Engaging work environment
  • Promotional opportunities
  • Education assistance
  • Professional and personal development opportunities
  • Company recognition program
  • Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more
Pay RangeUSD $101,167.00 - USD $204,439.00 /Yr.

About Mercury Insurance

Mercury Insurance Group is a multiple-line insurance organization offering personal automobile, homeowners, renters and business insurance. Founded in 1961 and headquartered in Los Angeles, Mercury has assets in excess of $4 billion, employs 4,500 people and has more than 8,000 independent agents in 11 states. Mercury has been named one of America's Most Trustworthy Companies by Forbes magazine, and has been recognized as one of the Best Places to Work in Los Angeles for eight years running. The company has also been named one of America's Best Midsize Employers by Forbes.
Learn more about Mercury Insurance
Size
4,300 employees
Market Cap
$1.8 billion
Industry
Net Income
$374.6 million
Founded
1962
5 Year Trend
+4.3%
Revenue
$3.7 billion
NASDAQ

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