Program Manager

MSIG USA; New Jersey; On-site; USD 125,000 - 145,000; Full time

Benefits offered by this job

Healthcare and Retirement Benefits

Medical, Dental, and Vision coverage

401(k) with employer match

Wellness programs

Life and AD&D insurance

Disability plans

Paid time off

Parental leave

Tuition reimbursement

Employee discounts

Job summary

MSIG USA is seeking a Program Manager in the Delegated Business Unit in New Jersey to oversee delegated program business, ensuring adherence to underwriting guidelines, delegated authority, corporate objectives, and regulatory requirements. This role oversees onboarding, monitoring, referrals, audits, data oversight, and relationship management with MGAs/Program Administrators and internal stakeholders.

The position partners with Product Development to refine program coverage and collaborates

Qualifications

• 5+ years in commercial P&C underwriting or delegated authority management.
• Experience with MGAs/MGUs or Program Administrators preferred.
• Strong Excel proficiency and data-driven mindset.

Responsibilities

• Manage relationships with external Program Administrators/MGAs to ensure programs operate within delegated authority, underwriting guidelines, and regulatory requirements.
• Conduct market research on proposed programs and industry trends to advise on new program niches.
• Oversee program lifecycle from onboarding to ongoing monitoring and audits.
• Monitor underwriting activities to ensure adherence to authority, pricing methodologies, and filing standards.
• Review and update underwriting guidelines with Product Line Managers to align with risk appetite.
• Coordinate with Claims, Reinsurance, Product Development, Operations, Technology, and Finance to resolve program issues.

Skills

Relationship management

Communication

Analytical thinking

Team collaboration

Education

Bachelor's degree

Tools

Excel

Power BI

Job description

Company Overview

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

MSIG USA continues to grow!

Company Overview

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

Summary / Job Purpose

We are seeking a Program Manager in our Delegated Business Unit. The Program Manager is responsible for managing and overseeing assigned delegated program business, ensuring adherence to underwriting guidelines, delegated authority, corporate objectives, and regulatory requirements. This role oversees the program lifecycle, including onboarding, ongoing monitoring, referrals, audits, program changes, data oversight, and relationship management, while serving as a key liaison between MGAs/Program Administrators and internal stakeholders.

Essential Functions

• Manage relationships with external Program Administrators/MGAs to ensure programs are operating within delegated authority, underwriting guidelines, and applicable regulatory and compliance 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 Product Line Managers to ensure alignment with risk appetite.


• Monitor underwriting profitability and production results for assigned programs and develop action plans, including rate adjustments when necessary.


• Collaborate with the Product Development team to design and refine program‑specific coverage offerings.


• Oversee the underwriting components of multidisciplinary program audits.


• Review and monitor premium and claims bordereaux for timeliness, completeness, and accuracy; identify discrepancies or missing information, coordinate follow-up with Program Administrators/MGAs, and support accurate portfolio reporting and data ingestion.


• Complete Program Underwriting Unit projects and ad‑hoc requests in a timely and accurate manner.


• Partner cross-functionally with Claims, Reinsurance, Product Development, Operations, Technology, Finance, and underwriting business units to resolve program issues, support referrals and program changes, and ensure effective execution across the portfolio.


• Evaluate and coordinate program referrals, guideline exceptions, endorsements, coverage or limit changes, and other program modifications, partnering with underwriting, product, and reinsurance stakeholders as appropriate.

Qualifications/Education & Experience

• Bachelor’s degree preferred.


• 5+ years of commercial P&C insurance experience in underwriting, program/delegated authority management, binding authority, wholesale insurance, or a closely related discipline required.


• Experience working with MGAs, MGUs, Program Administrators, wholesale brokers, or other delegated underwriting relationships strongly preferred.


• Strong proficiency in Microsoft Excel and comfort working with detailed premium, claims, exposure, and underwriting data required; experience with Power BI or similar reporting tools is a plus.


• Strong relationship management and communication skills, with the ability to confidently interact with MGAs, Program Administrators, wholesale brokers, and internal stakeholders.


• CPCU designation or other insurance‑related coursework is a plus.

SALARY: The estimated salary range for this position is $125,000.00 - $145,000.00 per year. This is a good‑faith assessment of the salary range for this position only. In determining the actual salary within this range, MSIG USA will consider a candidate’s relevant experience, location, and other job‑related factors.

Additional Benefits

• Healthcare and Retirement Benefits


• Comprehensive medical, dental, and vision coverage


• 401(k) with a generous employer match and profit‑sharing contribution


• Wellness incentive program


• Life and accidental death and dismemberment (AD&D) insurance


• Flexible spending programs


• Short-term and long-term disability plans


• Additional Benefit Programs


• Paid time off program


• Paid charitable leave


• Paid parental leave


• Tuition reimbursement program


• Personal insurance (auto/homeowners) discounts

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!

It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.