Underwriting Manager

6 days ago


Birmingham, Alabama, United States Velocity Risk Full time
About Velocity Risk

We are a leading provider of specialty property insurance solutions, leveraging innovative approaches to connect risk and capital. Our mission is to transform the insurance industry by embracing nature's volatility and turning problems into opportunities.

About the Role

As a Senior Underwriter at Velocity Risk, you will be responsible for building a book of business, coaching and mentoring underwriters and underwriting assistants. The majority of this role will be spent analyzing and underwriting a $25-40M book of business for Commercial Lines, which includes determining risk acceptability, pricing, underwriting guidelines, developing positive agency relationships within assigned territories, auditing underwriting files and accounts, and improving on underwriting processes.

Key Responsibilities
  • Underwrite a GWP $25-40M book of business
  • Assist the Head of MMB in overseeing the underwriting functions of MMB
  • Partner with business units (Claims, Compliance, Operations) to prioritize projects, efficiencies, and best practices for optimal underwriting and business performance
  • Lead a team of underwriters and underwriting assistants
Core Competencies

You will thrive in this position if you have the following core capabilities:

  • Underwriting knowledge: A strong foundational knowledge of best practices and underwriting strategy
  • Results-driven and Autonomous: Self-motivated to succeed and drive the business to succeed
  • Communication: Able to communicate messages and goals clearly and effectively both downwards and upwards within the organization
  • Decision Quality: Able to make good decisions under pressure related to both underwriting and people
  • Organized: With a keen attention to detail, focused and attentive to correct data and pinpointing any inaccurate information quickly and efficiently
  • Excellent Relationship Management: Build impactful and beneficial relationships with partners both internally within the team and externally in the market
  • Multi-tasking: Nimble and flexible with the ability to pivot between tasks and projects
  • Leadership: Able to develop talent through empowerment and coaching and lives the values of Velocity
Qualifications

Demonstrated experience for success in this role includes:

  • Bachelor's degree or equivalent industry experience
  • 7+ years of commercial insurance experience
  • Professional insurance designations a plus
  • Previous management and leadership experience
What We Offer

We provide comprehensive and competitive benefits packages for our full-time employees, including:

  • Medical, Dental, and Vision fully subsidized by Velocity
  • Health Savings Account with employer contributions
  • 401k after 6 months of employment
  • Education and Certification Reimbursement and Bonus programs
  • Paid Time off and company Holidays with floating holidays for flexibility
  • Gym membership reimbursements
  • Volunteer rewards and give-back initiatives
  • In-office lunch provided
  • We are a hybrid team (2 days remote, 3 days in office)


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