Underwriting Supervisor supervises the team responsible for reviewing and analyzing risk characteristics on insurance applications, renewals, and change requests. Utilizes underwriting guidelines, rules, and standards to accept, reject, or mitigate risk for applications. Being an Underwriting Supervisor calculates renewal rates, and determines appropriate premiums, limits, and coverages. Ensures compliance with all industry and governmental regulations. Additionally, Underwriting Supervisor may coordinate with field agents to collect or clarify information or decisions. May underwrite and oversee the issuance of renewal on key accounts. Requires a bachelor's degree. Typically reports to a manager. The Underwriting Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be an Underwriting Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
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