Program Underwriting Manager Commercial Auto Lead
4 weeks ago
We are seeking a highly skilled Program Underwriting Manager Commercial Auto to join our team at AXIS Capital. This is a unique opportunity to leverage your expertise in ISO-based Commercial Auto products and contribute to the success of our organization.
About the Role:
The Program Underwriting Manager Auto will be responsible for the product management of all auto products distributed across the North American Programs Platform, including delegated underwriting authorities. This role will involve the management of assigned programs, evaluation of new program submissions, and supervision of all auto filings and regulatory compliance.
Key Responsibilities:
- Develop and maintain a repository of all products within the auto family, including auto liability, auto physical damage, and contingent liability.
- Evaluate and approve all new product development and rate/rule/form changes within the department.
- Determine product competitiveness, pricing efficacy, and market acceptance for all auto liability and physical damage covers, including contingent liability.
- Manage delegated underwriting authority for assigned programs by maintaining program management agreements and underwriting guidelines.
- Conduct routine underwriting and rate/rule/form audits to ensure compliance.
Requirements:
- Deep expertise in ISO-based Commercial Auto products, including coverage, policy construction, and rating.
- Familiarity with ISONet and navigating the Commercial Lines Manual.
- Direct experience in underwriting and managing Delegated Underwriting Authority (PAs, MGAs, MGUs).
- 8 years in underwriting Commercial Auto, with a focus on medium, heavy, and extra heavy Classes.
- Ability to negotiate contracts, develop business plans, and manage external stakeholders in the delivery of business plans.
- In-depth financial and underwriting understanding of programs business, with the ability to assess and develop financial projections and forecasts on existing and prospective programs.
Preferred Qualifications:
- Prior management experience.
- Ability to effectively interact at all levels of internal and external business partners.
- Ability to bring order to a dynamic and ambiguous environment.
- Sense of urgency and a can-do attitude.
- Ability to collaborate and mindfully communicate in a matrixed organization.
What We Offer:
For this position, we expect to offer a base salary in the range of $190,000 to $225,000 (NY). Your salary offer will be based on an assessment of various factors, including your specific experience and work location.
Work Arrangements:
- Work in the New York office Tuesday-Thursday.
- Travel domestically 12 times per quarter.
- Attend industry events over weekends occasionally.
About AXIS:
AXIS Capital is a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking, and superior risk-adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined, and ethical corporate culture.
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