ROLES & RESPONSIBILITIES
Underwriting team helps in reviewing, analyzing and compiling loss and exposure data required by the actuaries and underwriters for pricing accounts. A Senior Manager's role will involve leading and supervising a team to achieve the company's goals and objectives.
Job responsibilities include, but not limited to:
- Manage a book of business between $ 1 to $ 3 million, with the required profit margins
- Subject matter expert on underwriting and pricing related topics
- Review submissions and analyze the risk in detail
- Provide a quote for the risk subject to underwriting guidelines
- Prepare comprehensive reports based on the insured's operations, loss assessment, historical claims data, location, work environment etc.
- Help develop new and existing business
- Responsible for developing and executing a long-term strategy for the underwriting department
- Prepare quarterly and annual budgets
SKILLS
- Insurance industry experienced professional with sound domain knowledge
- Keeping abreast with the current insurance industry trends
- Qualified CPCU, FCII etc.
- Excellent presentation and communication skills
COMPETENCIES
- Identifies long-term, future goals for the organization and/or the department
- Mentor and coach experienced people
- Assumes personal responsibility for the success or failure of the team
- Questions how things have been done in the past and try to develop new ways to address business issues or problems
- Develop or customize products and services to better meet the needs of the customer
- Designs and carries out a formal plan for career development for team members with the focus on both current and future job skills and follows up to provide guidance and measure progress
- Helps in the planning process by looking at various aspects of costs, budget, timing, customer needs, and members available, etc.
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