Hybrid Program Manager, Insurance Underwriting

MSIG; Chicago (IL); On-site; USD 120,000 - 125,000; Full time

Benefits offered by this job

Healthcare and Retirement Benefits

401(k) with employer match

Profit-sharing contribution

Wellness incentive program

Paid time off

Job summary

MSIG USA is seeking a Program Manager to underwrite and manage profitable program business in the United States, coordinating with Program Administrators and internal stakeholders. You will oversee evaluation, onboarding, monitoring, and performance management across programs, ensuring compliance with delegated underwriting authority and regulatory standards.

The role involves collaboration with Product Development to refine coverage offerings and ongoing audits of underwriting activities,

Qualifications

• Minimum of 3 years of commercial lines underwriting experience required.
• Bachelor’s degree preferred.
• CPCU designation or other insurance-related coursework preferred.

Responsibilities

• Manage relationships with external Program Administrators to ensure programs are structured and operating in compliance with admitted market requirements.
• Conduct market research on proposed programs and industry trends to develop recommendations on entering new program niches.
• Oversee assigned program business throughout the evaluation, onboarding, and ongoing monitoring stages of the program lifecycle.
• Actively monitor Program Administrators’ underwriting activities to ensure adherence to delegated underwriting authority, approved pricing methodologies, and state/bureau filing standards.
• Review, evaluate, and recommend updates to program underwriting guidelines in collaboration with MSMM Product Line Managers to ensure alignment with MSMM risk appetite.
• Monitor underwriting profitability and production results for assigned programs and develop action plans, including rate adjustments when necessary.
• Serve as the referral underwriter for risks exceeding the Program Administrator’s delegated authority.
• Collaborate with the Product Development team to design and refine program-specific coverage offerings.
• Oversee the underwriting components of multidisciplinary program audits.
• Partner with internal departments to ensure timely receipt and accuracy of bordereau data, as applicable.

Skills

Underwriting experience

Education

Bachelor’s degree

CPCU designation

Job description

MSIG USA is seeking a Program Manager to underwrite and manage profitable program business in the United States, coordinating with Program Administrators and internal stakeholders. You will oversee evaluation, onboarding, monitoring, and performance management across programs, ensuring compliance with delegated underwriting authority and regulatory standards.

The role involves collaboration with Product Development to refine coverage offerings and ongoing audits of underwriting activities,