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Assistant Underwriting Manager - Specialty and Captives

PMA COMPANIES
Blue Bell, PA Full Time
POSTED ON 4/13/2024
  • Lead specific members of the Specialty Markets Underwriting Team in executing strategies consistent with corporate and regional business goals, guidelines, and programs.
  • Mentor and provide technical training and guidance to direct reports.
  • Handle underwriting referrals from direct reports for renewals, as well as terrorism referrals and other matters based on Letters of Authority. Collaborate with New Business Referral Underwriter.
  • Maintain underwriting responsibilities for a book of captive and program business.
  • Analyze, select and profitably price highly complex commercial risks and determine terms and conditions of coverage on new and renewal business.
  • Apply and conform to underwriting rules and guidelines, rating manuals, insurance laws/ regulations.
  • Utilize a consultative selling approach to generate new business consistent with underwriting strategy and in coordination with service team members to include accurately assessing the needs of the broker and the client and formulating solutions that effectively address those needs.
  • Analyze underwriting & marketing activities and corresponding results; prepare reports to management.
  • Determine, coordinate and direct account management activities with various departments.
  • Negotiate and deliver proposals to producers and buyers.
  • Develop and maintain client relationships and coordinate service team efforts.
  • Identify opportunities for organizational improvement and recommend solutions.
  • Demonstrate commitment to Company's Code of Business Conduct and Ethics, and apply knowledge of compliance policies and procedures, standards and laws applicable to job responsibilities in the performance of work.

Salary.com Estimation for Assistant Underwriting Manager - Specialty and Captives in Blue Bell, PA
$123,327 to $171,143
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