Commercial Underwriting Manager
2 days ago
Safety has become one of the leading property and casualty insurance providers in Massachusetts mainly because of our unwavering commitment to independent agents and their customers. Our success is built on a philosophy of offering the highest quality insurance products at competitive rates and providing the best service at all costs.
At Safety Insurance, we don't just offer jobs – we offer careers that are challenging, fulfilling, and designed to grow with you.
Our people are our greatest asset. We believe that a diverse workforce makes us stronger, more innovative, and better equipped to serve our customers. Through our supportive career, educational and family policies, we enable our employees to be their best. We respect the balance of work and leisure by offering flexible, hybrid schedules and a 37.5 hour workweek. Safety employees enjoy a positive environment in our convenient downtown office located in the heart of Boston's financial district.
We recognize the importance of rewarding our team. Along with our competitive salaries, we offer a comprehensive benefits package including medical and dental insurance, 100% matching 401k retirement plan, 100% tuition reimbursement and much, much more
Summary:
Manages a commercial underwriting unit, which reviews applications for insurance to evaluate degree of risk and accepts applications according to company guidelines.
Duties:
- Supervises and coordinates the day-to-day activities of the Commercial Underwriting Dept.
- Oversees the growth and profitability of the department
- Selects, develops and appraises staff
- Coordinates underwriter's agency visitation schedules
- Reviews commercial accounts including new and renewal business, endorsement request and administers underwriting guidelines accordingly
- Develop, monitor and modify the premium audit program
- Develop and monitor the Facultative Reinsurance program
- Develop, monitor, and modify workflows reporting results to Director of Commercial Underwriting
- Trains new employees on department functions and provides developmental assistance to employees and the Director
- Answers inquiries and resolves problems presented by policyholders, producers and others
- Ensures completion and accuracy of various projects assinged
- Develops and monitors the unit budget and other unit controls
- Performs other duties as required
Qualifications:
- College degree or equivalent experience required
- Minimum of 5+ years multi line underwriting experience
- Minimum of 2+ years supervisory experience with appraisal responsibilities
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