South Central E&S Property Underwriting Manager

Msig USA; Addison (TX); On-site; USD 175,000 - 260,000; Full time

Benefits offered by this job

Healthcare and Retirement Benefits

401(k) with employer match

Paid time off

Parental leave

Tuition reimbursement

Job summary

MSIG USA, the US-based subsidiary of MS&AD Insurance Group Holdings, seeks an experienced underwriting leader to manage the Property portfolio and develop strategy with senior management to ensure profit and revenue goals. You will recruit and retain qualified underwriting staff and oversee underwriting processes to maintain quality and service levels.

Responsibilities include assigning authority, managing staff workloads, and monitoring loss and marketing activity while driving process

Qualifications

• Bachelor's degree required.
• 7+ years of commercial P&C coverage experience.
• 3+ years of management experience and leadership skills.
• Strong underwriting management skills required.

Responsibilities

• Manage the portfolio and develop strategy for MSIG USA's Property business.
• Underwrite and maintain own book of business.
• Assign underwriting authority to direct reports and coordinate with National Underwriting.
• Lead staff and administer Performance Management processes.
• Monitor loss, marketing activity, and budget metrics; report regularly.

Skills

Leadership

Underwriting management

P&C knowledge

Strategic planning

Education

Bachelor's degree

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

Manages the portfolio and develops strategy with senior management to ensure achievement of profit and revenue goals for our property segment. Recruits, develops and retains qualified underwriting and support staff. Manages and controls underwriting processes to ensure that standards for quality, compliance underwriting are achieved. Monitors, recommends, and implements improvements in business process to ensure effective and efficient work flows are maintained and customer service levels are achieved.

Essential Functions

• Manages the portfolio including contributing to the development, implementation and monitoring of MSIG USA's E&S Property business plan to achieve goals of the organization for profitability and growth.
• Underwrites and maintains own book of business.
• Assigns underwriting authority to direct reports based on expertise and effectively manages process with National Underwriting in conjunction with own letter of underwriting authority.
• Manages work assignments for staff to achieve service goals and balanced workloads including appropriately assigning staff responsibility for agencies and accounts based upon knowledge and experience.
• Manages the Account Management process as appropriate for prospective and in force accounts in conjunction with Risk Engineering, Claims and Marketing.
• Manages and develops staff in accordance with corporate plans/policies including administration of the Performance Management process.
• Tracks, monitors and reports on loss activity, marketing activity, GWP achievement, budget/operational issues on a monthly basis and other ad-hoc reporting as requested.
• Implements and manages quality control processes including conducting departmental self-audits and manages self-audit process including reporting and implementing/monitoring of corrective actions in a timely and effective manner to ensure compliance with MSIG USA's Underwriting Guidelines; identifies and implements training and development needs based on self-audit trends.
• Works with underwriting and marketing staff to develop and manage Regional producer relationships.
• Handles customer-related issues between outside parties and internal units to drive optimal customer service.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience Required

• Bachelor's degree
• 7+ years of commercial P&C coverage experience
• 3+ years management experience
• Strong underwriting management skills are required along with demonstrated leadership qualities.

SALARY

The estimated salary range for this position is $175,000.00 - $260,000.00 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.