Underwriting Manager - Hybrid

Selective Insurance; Indianapolis (IN); On-site; USD 148,000 - 191,000; Full time

Benefits offered by this job

Total rewards package

Job summary

Selective Insurance is seeking an experienced underwriting leader to manage growth, retention, and profitability of a renewal book valued around $50m in premium. You will coach and guide underwriters, coordinate with Territory Managers and agents, and drive underwriting strategy while ensuring compliance with regulatory requirements.

The role emphasizes stakeholder collaboration, performance reviews, analytics, and state pricing planning, with travel to agent offices as needed.

Qualifications

• Broad underwriting technical background.
• Strong verbal and written communication skills.
• Good analytical skills.
• Proficient with Word, Excel & Outlook.
• Must have valid state-issued driver's license in good standing.

Responsibilities

• Oversees, coordinates, and monitors activities and results of an underwriting team to ensure accurate, high-quality work and strong production and service standards.
• Responsible for the profitability and production of the team per budget.
• Schedules, prioritizes, and distributes workflow to meet deadlines.
• Advises on up selling, cross selling coverage enhancements and additional lines of business.
• Maintains records and develops management reports to monitor results.

Skills

Underwriting

Communication

Analytical skills

MS Word

Excel

Outlook

Driver's license

Education

Bachelor's degree

Tools

MS Word

Excel

Outlook

Job description

Overview

Manages the growth, retention and profitability of a renewal book representing approximately $50m in premium volume. Supervises the activities of a staff of Underwriters including Technical Assistants and coordinates their activities with internal and outside personnel. Must provide continuous coaching, feedback, and guidance to the Underwriters. Assists in the development, communication and execution of underwriting strategy and initiatives. Creates a positive partnership with Territory Managers, AMSs, Agents and SBU staff. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements and within assigned underwriting letter of authority.

Responsibilities

• Oversees, coordinates, and monitors activities and results of an underwriting team to obtain and ensure accurate, quality work while at the same time maintaining high production and service standards.
• Responsible for the profitability and production of the team per budget.
• Schedules, prioritizes, and distributes workflow of unit to ensure work is done in a timely fashion and all deadlines are met.
• Works with Underwriters to up sell, cross sell coverage enhancements and additional lines of business to existing accounts and to support the marketing of company specific products and programs.
• Recommends procedural changes and plans, organizes, and implements these changes. Keeps current on all changes effecting unit's work production and on changes within the insurance industry.
• Arbitrate problems between agents, insured's, or other departments. Testifies in court and/or participates in the taking of depositions as needed on claims or coverage issues.
• Maintain administrative records and administer the following for direct reports: performance reviews, salary reviews and attendance records.
• Develop and utilize management reports and analytics tools to assist in monitoring team and individual underwriter results.
• Participate in state pricing reviews, budget planning and territory reviews.
• Provide guidance to agents and provides technical guidance and expertise to underwriters.
• Acts as a liaison with other supervisors, branches, and corporate departments with whom their unit interacts.
• Conducts agency visits as required by company standards.
• Responsible for automobile travel within territory traveling to agent offices.
• Car travel represents approximately 10-15% of employee's time.

Knowledge and Requirements

• Broad underwriting technical background.
• Strong verbal and written communication skills.
• Good analytical skills.
• Proficient with Word, excel & Outlook.
• Must have valid state-issued driver's license in good standing.

Education and Experience

• College degree preferred.
• 7+ years commercial Underwriting experience preferred.
• 3-4 years' experience in rating, inspections, and claims preferred.

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page. The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Pay Range

USD $148,000.00 - USD $191,000.00 /Yr.

Additional Information

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual's unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions. For Massachusetts Applicants It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.