Complex Commercial Underwriting Manager
biBerk Business Insurance
full-time
Posted on:
Location Type: Remote
Location: New York • United States
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Salary
💰 $130,000 - $165,000 per year
About the role
- Lead, coach, mentor, and develop a team of specialized underwriters that touch THREE’s entire footprint.
- Drive high quality risk selection, underwriting quality, and discretionary pricing decisions for new business and renewals in a book of high hazard risks to drive profitable growth – specifically Hospitality, Habitational, Bar/Tavern, and LRO industries.
- Meet or exceed specific performance metrics including but not limited to Turnaround Time, Bind Ratio, Loss Ratio, and Retention Ratio.
- Provide feedback/input on appetite, underwriting guidelines, processes, and workflows for risks that fit this specific segment.
- Take a proactive approach to helping Sales partners understand agent submission quality and opportunities for growth.
- Handle management level approval on out of authority referrals.
Requirements
- 10 years of experience in P&C insurance, with at least 7 in commercial lines underwriting including multiple lines of business.
- Deep understanding of the independent agent distribution system, specifically in the submission-to-bind process for medium sized risks.
- Experience leading and managing underwriters to use all available tools to make appropriate risk selection and pricing decisions.
- Hands on leader skilled at teaching and developing high performing teams, who is willing to take on a player-coach role.
- Has experience contributing to appetite, underwriting guidelines, and operational processes and workflows.
Benefits
- Medical (PPO/HDHP), vision, disability, and life insurance.
- Enhanced dental plan with orthodontia coverage in addition to a standard plan.
- Generous PTO plan for all benefit-time eligible employees.
- Paid company holidays and 4 floating holidays.
- Paid parental leave.
- Employee Retirement Savings Plan/401(k) with company match and immediate vesting.
- Education Assistance Program that offers 100% upfront tuition reimbursement after 6 months of service for approved degree programs.
- Service Recognition Program that provides a monetary award to be used toward a vacation every 5 years of employment.
- Wellness Initiatives that include Fitness Center and Weight Watchers Reimbursement programs.
- Voluntary benefits that include accident, critical illness, and hospital indemnity.
- Employee discount and rewards program on travel, tickets, electronics, home, and more.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
commercial lines underwritingrisk selectionunderwriting qualitydiscretionary pricingperformance metricsTurnaround TimeBind RatioLoss RatioRetention Ratiosubmission-to-bind process
Soft Skills
leadershipcoachingmentoringteam developmentproactive approachcommunicationfeedbackcollaborationteachingplayer-coach