Senior Underwriting Manager - Surety

Intact Insurance U.S.; Texas; Remote; USD 209,000 - 245,000; Full time

Benefits offered by this job

Bonus potential

Comprehensive medical, dental and vis

401(k) with up to 12% annual contrib

Paid time off

Flexible work arrangement

Job summary

Intact Insurance U.S. is seeking a Senior Underwriting Manager for our Surety team, remotely within Texas. You will oversee profitability, pricing, and retention for a regional book, while guiding underwriting strategy and maintaining high quality standards.

Qualifications include a Bachelor's degree (MBA/CPCU desirable) and 7–10 years in insurance with 5–7 years in supervision. The role offers a base salary in the $209k–$245k range plus bonus and comprehensive benefits.

Qualifications

• Bachelor’s degree or equivalent experience required.
• MBA or CPCU designation highly desirable.
• Minimum of 7-10 years or progressively complex insurance experience.
• 5-7 years of supervisory experience.

Responsibilities

• Responsible for financial performance of Specialty insurance products in assigned territory or region including: accident year loss ratio, premium plans, and commission targets.
• Manages underwriting quality and book management; analyzes trends and ensures adherence to underwriting strategy and approvals.
• Acts as primary underwriting referral resource within the region; evaluates exposures and makes underwriting decisions within authority levels.
• Ensures compliance with underwriting standards and monitors regional results; conducts audits as needed.
• Provides strategic input and may assist with guidelines, product and system modifications.
• Participates in producer meetings and agency planning; communicates service standards.
• Oversees staff development and may manage Underwriters/Underwriting Associates; drives training and skill growth.
• May drive new business production for assigned territory and maintain key agency relationships.

Skills

Supervisory experience

Underwriting management

Financial performance oversight

Education

Bachelor’s degree or equivalent experience

MBA or CPCU designation desirable

Job description

Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.

Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It’s our promise to you.

Who We Are

At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups.

Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.

The opportunity

We currently have an opportunity for a Senior Underwriting Manager to join our Surety team based remotely in Texas. This position manages all components of development, growth and profitability for a book of business in an assigned territory or region and is accountable for the effective underwriting, pricing, development and retention of profitable business through managing all components of profit, loss and expenses within a region. Some of the Senior Underwriting Manager responsibilities include but are not limited to:

• Responsible for financial performance of Specialty insurance products in assigned territory or region including: accident year loss ratio, premium plans (including new business, retention, and rate/exposure increases), and commission targets.
• Manages underwriting quality and book management which includes: executing underwriting strategy (including portfolio management), and self-auditing new and renewal business (eligibility, class fit, price to exposure, use of pricing tools, deductibles, insurance to value, analysis of losses, and well documented approvals of underwriting edits). Identifies and analyzes book trends, and manages catastrophe plans. Maintains a strong professional knowledge of competitive, regulatory and legal environments and applies this information effectively.
• Acts as primary underwriting referral resource for assigned discipline within the region. Along with underwriters, examines, identifies and evaluates exposures by analyzing underwriter file and documentation. Makes underwriting decisions to accept, decline or modify risks within discipline and assigned underwriting authority levels. Demonstrates a strong understanding of exposures and key coverage issues. Manages and implements underwriting decisions in compliance with state laws.
• Ensures compliance with underwriting standards and authorities. Monitors regional results and develops actions as needed. Performs audits for adherence to company policies and legal requirements.
• Provides strategic and tactical input to other members of their regarding products or line of business. May assist with the creation of pertinent underwriting guidelines, product and system modifications, and coverage forms. May be recognized within the region as the subject matter expert for a particular segment or line of business.
• Participates in producer presentation meetings, including travel to key producers and participation in agency planning with other staff. Communicates and ensures achievement of service standards.
• Manages technical development of staff within the business and may directly manage Underwriters and/or Underwriting Associate(s). This includes: goal setting, skill assessment, staff selection/role alignment, feedback and/or completion of performance appraisals, development, and building of technical skills Frequently communicates regional and local goals. Oversees training and personal development programs.
• Depending on discipline or segment may have responsibility for driving new business production results for assigned territory and/or line of business and may be responsible for underwriting a book of business. This includes writing new business, identifying program opportunities and maintaining high level agency relationships within the assigned producer plant.

The expertise you bring

• Bachelor’s degree or equivalent experience required.
• MBA or CPCU designation highly desirable.
• Minimum of 7-10 years or progressively complex insurance experience.
• 5-7 years of supervisory experience

Our salary ranges are determined by many factors including location, role, experience and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires; however, your recruiter will provide more specific compensation details during the hiring process. The typical base salary range for this position is: $209,000 – $245,000, based on the factors aforementioned.

In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include but not limited to:

• Comprehensive medical, dental and vision insurance with no waiting period
• Competitive paid time off programs
• 401(k) savings and annual contributions of up to 12% of annual salary
• Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

Why choose Intact

We live our Values: We are committed to acting with the highest of ethical standards through our five core values: integrity, respect, customer driven, excellence and social responsibility.

Our commitment to Diversity: Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what is right to build an inclusive society.

Manage your Time: What you accomplish matters more than hours in the office. We are committed to creating a positive and supportive environment in which you perform your best. Our Time-Off and Flexible Work Arrangement options help foster a healthy work-life balance.

Check out our Glassdoor reviews to see why people love working for Intact!

Our promise to you

Our Values are foundational to our success at Intact. You’ll make a difference every day when you live our Values, do your best work, are open to change, and invest in yourself.

In return, we promise you support, opportunities, and performance-led financial rewards in a flexible work environment where you can:

• Shape the future: Help us lead an insurance transformation to better protect people, businesses and society.
• Win as a team: Collaborate with inspiring people to do your best work every day and together, stand up for what is right.
• Grow with us: Refresh and reinvent your skills, learn from our diverse teams, lift others up, and grow.

About Intact

At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.