OverviewManages the growth, retention and profitability of a renewal book representing approximately $50m in premium volume. Supervises the activities of a staff of Underwriters including Technical Assistants and coordinates their activities with internal and outside personnel. Must provide continuous coaching, feedback, and guidance to the Underwriters. Assists in the development, communication and execution of underwriting strategy and initiatives. Creates a positive partnership with Territory Managers, AMSs, Agents and SBU staff. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements and within assigned underwriting letter of authority.
All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.
Responsibilities- Oversees, coordinates, and monitors activities and results of an underwriting team to obtain and ensure accurate, quality work while at the same time maintaining high production and service standards.
- Responsible for the profitability and production of the team per budget.
- Schedules, prioritizes, and distributes workflow of unit to ensure work is done in a timely fashion and all deadlines are met.
- Works with Underwriters to up sell, cross sell coverage enhancements and additional lines of business to existing accounts and to support the marketing of company specific products and programs.
- Recommends procedural changes and plans, organizes, and implements these changes. Keeps current on all changes effecting unit's work production and on changes within the insurance industry.
- Arbitrate problems between agents, insured's, or other departments. Testifies in court and/or participates in the taking of depositions as needed on claims or coverage issues.
- Maintain administrative records and administer the following for direct reports: performance reviews, salary reviews and attendance records.
- Develop and utilize management reports and analytics tools to assist in monitoring team and individual underwriter results.
- Participate in state pricing reviews, budget planning and territory reviews.
- Provide guidance to agents and provides technical guidance and expertise to underwriters. Acts as a liaison with other supervisors, branches, and corporate departments with whom their unit interacts. Conducts agency visits as required by company standards. Responsible for automobile travel within territory traveling to agent offices. Car travel represents approximately 10-15% of employee's time.
QualificationsKnowledge and Requirements- Broad underwriting technical background.
- Strong verbal and written communication skills.
- Good analytical skills.
- Proficient with Word, excel & Outlook.
- Must have valid state-issued driver's license in good standing.
Education and Experience- College degree preferred.
- 7+ years commercial Underwriting experience preferred.
- 3-4 years' experience in rating, inspections, and claims preferred.
Total RewardsSelective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.
The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.
Pay RangeUSD $148,000.00 - USD $191,000.00 /Yr.
