Manager of Personal Lines Underwriting

2 weeks ago


Cincinnati, Ohio, United States Munich Re Full time
Manager of Personal Lines Underwriting Company Munich Re Location Hybrid

Overview:

Munich Re is a leading specialty insurance provider, renowned for delivering innovative products and services tailored for residential properties, including manufactured homes and unique dwellings, as well as the recreational sector encompassing boats, personal watercraft, and classic automobiles. Our extensive portfolio spans all 50 states, boasting a premium volume of $1.9 billion.

Role Purpose:

The primary objective of this role is to cultivate talent and drive essential outcomes within Personal Lines Underwriting, ensuring quality decision-making that aligns with our growth and profitability targets. You will lead a dedicated team of Personal Lines Residential Underwriters to achieve:
  • Underwriting quality that meets Munich Re's growth objectives.
  • Production and service level targets that foster strong partnerships with Sales Partners.
  • Professional development opportunities for team members to reach their career aspirations.
Key Responsibilities:
  • Guide team members to apply a blend of logic, analysis, and underwriting techniques for effective problem-solving.
  • Ensure compliance with risk management policies and procedures.
  • Oversee service level objectives and risk quality selection.
  • Collaborate with various departments to address challenges and promote teamwork.
  • Encourage a culture of active listening, team cohesion, and open dialogue to enhance employee engagement.
  • Lead initiatives aimed at process improvement and operational efficiency.
  • Maintain a culture of compliance through audits, training, and systems management.
  • Engage in performance management through ongoing discussions and development of associates.
  • Support both internal and external sales and business development efforts.
  • Leverage data and analytics to monitor performance and enhance efficiencies.
  • Drive strategic initiatives and oversee projects within Personal Lines Underwriting.
  • Perform additional duties as required.
Required Skills:
  • Exceptional written and verbal communication abilities.
  • Strong leadership capabilities.
  • Effective time management skills.
  • Expertise in process improvement.
  • Advanced proficiency in MS Word, Excel, PowerPoint, and Outlook.
  • Project management experience.
  • Organizational agility.
  • Preferred: Familiarity with Cognos and Power BI.
Experience Requirements:
  • 5+ years of underwriting experience is essential.
  • Preferred: 2+ years in a supervisory role, ideally within underwriting.
Educational Qualifications:

A Bachelor's Degree, along with supervisory certification, CPCU, or relevant industry coursework/designation is required.

Benefits:

Munich Re offers a comprehensive benefits package, including:
  • Health insurance options (PPO or High Deductible).
  • Prescription drug coverage.
  • Vision and dental insurance.
  • Short and Long Term Disability coverage.
  • Supplemental Life and AD&D plans.
  • Voluntary Benefit plans for additional coverage.
Additional perks include:
  • A robust 401k plan with employer matching.
  • Company-funded retirement savings plan.
  • Generous paid time off starting at 24 days annually.
  • Eligibility for annual bonuses.
  • Health and wellness programs at no cost.
  • Flexible hybrid work environment.
  • On-site cafeteria and coffee shop.
  • Complimentary fitness facility and walking trails.
  • On-site wellness center with healthcare professionals.
  • Financial support for adoption and infertility treatments.
  • Paid time off for family care needs.
  • Tuition assistance and educational bonuses.
  • Free parking and corporate matching gifts program.
  • Paid volunteer time in the community.
At Munich Re, we prioritize Diversity and Inclusion, striving to create a workplace that reflects the diverse communities we serve. We are committed to fostering an environment where all employees feel respected, valued, and empowered to excel. We are an equal opportunity employer, and reasonable accommodations will be made for individuals with disabilities to perform essential job functions.

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