Underwriting Manager Job in Fenton 63026, Missouri US
Vanliner Insurance Company is currently seeking an Underwriting Manager for our Fenton, MO office.
The Underwriting Manager is responsible for overseeing the day-to-day operations of assigned product lines through direct management of the underwriting of multiple lines of business (including, but not limited to: Auto Liability, General Liability, Workers Compensation, Umbrella, Property and Cargo).
Responsibilities:
- Supervise and review underwriters’ work, within the established level of authority, to ensure compliance with Vanliner’s Underwriting guidelines and philosophies.
- Approve the acceptance, declination, and rating of risks to ensure profitability and premium objectives are met and are within the established underwriting guidelines and levels of authority.
- Ensure that all aspects of the assigned products are properly managed, including presentation materials, legal documents, facultative reinsurance agreements, collateral, financial statements, premium collections, and regulatory approvals, etc.
- Conduct regularly scheduled audits of underwriting files.
- Monitor workloads through the company Workflow system and assemble production reports based on the findings.
- Participate with senior management in department and companywide initiatives related to underwriting procedures and strategies. Monitor the daily activities of the assigned areas to confirm compliance with those strategies.
- Coordinate Compliance projects and updates to ensure all forms, rates and rules being utilized are compliant. Act as a liaison with the Compliance department for assigned products.
- Interpret rating manuals and general business periodicals to ensure underwriting practices are up to date with state rules and regulations.
- Monitors underwriting practices and implements changes to processes and procedures to meet bottom and top line objectives.
- Analyze complex data presented in spreadsheet format and translate that data into effective underwriting practices and rating procedures.
- Work directly with Marketing, customers and insurance brokers to answer questions and resolve problems.
- Train staff in insurance coverage details, underwriting techniques, and quantitative analysis concepts and procedures.
- Prepare monthly management reports and understand the intricacies of the business to identify emerging trends and opportunities for expansion.
- Manage special projects as assigned.
Qualifications we are looking for:
- Bachelor's degree (B. A.) from a four-year college or university and a minimum of 6 – 10 years underwriting or underwriting management experience in the P/C industry with increasing levels of responsibility required.
- Graduate degree and/or CPCU designation is preferred.
- Ability to read and interpret documents such as policy forms, rating manuals, underwriting guidelines, and training manuals.
- Ability to write sophisticated and complex reports and correspondence.
- Ability to prepare, analyze and interpret detailed Excel spreadsheets, reports, applications and spreadsheet models.
- Ability to effectively lead meetings, present information, and respond to questions from management and customers.
- Ability to analyze complex financial data to identify emerging trends and areas of opportunity.
- Prior experience in and proven ability to analyze within underwriting and marketing functions and principles.
- Must be able to interpret policies, perform analytical research and make sound decisions using good judgment.
- Working knowledge of Microsoft Office, including Excel and Word.
- General knowledge and experience with databases is preferred.
Further information about us:
Vanliner Insurance Company is a subsidiary company of National Interstate Insurance Company (Nasdaq: NATL) .
Vanliner Insurance Company is a market leader in providing insurance for the moving and storage industry. Vanliner is headquartered in suburban St. Louis, Missouri and licensed in all 50 states. We’ve been providing insurance to quality movers since 1978.
Vanliner is known in the moving and storage industry for providing expertise and stability to our customers. We are seeking candidates who possess the same qualities. Vanliner understands the transportation industry and the moving business and our coverages provide protection that is tailored to our customer’s needs. We employ a team of highly qualified insurance professionals with transportation experience.
Our claim to expertise and stability is backed up by the leading industry indicator of financial strength, A.M. Best. We’re proud to be rated ‘A’ (excellent), financial size (IX) by A.M. Best.
Some of the great benefits full-time employees enjoy:
- Comprehensive health, dental, and vision insurance
- Short-Term and Long-Term Disability insurance
- Life and ADD insurance
- 401(k) retirement plan
- Profit Sharing Contribution program
- Goalsharing Bonus program
- Tuition Sharing and Reimbursement program
- Paid Time Off Holidays
- Employee Assistance program
- Employee Referral Bonus program
- On-site fitness center
- And more!
Equal Opportunity Employer
Drug Free Workplace
www.natl.com/careers
www.vanliner.com