Underwriting Manager manages daily operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Being an Underwriting Manager oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Additionally, Underwriting Manager develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a senior manager. The Underwriting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Underwriting Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
UFG is currently seeking a Surety Underwriting Manager who will be accountable for producing a profitable mix of new and existing surety business for our agents. This role will be using relationship-building skills to help underwriters produce and underwrite a profitable book of surety business by working closely with independent agents. Strong analytical skills will be put to good use to evaluate new opportunities for acceptability within company risk parameters. This position has a key role in setting company risk parameters. It is expected that this individual will be traveling with primary underwriters to visit current and potential contractors’ places of business to better assess their capabilities. In addition, they will make regular agency calls to assist with agents’ growth and profitability goals. As a leader, the Surety Underwriting Manager will promote a great company image and provide excellent customer service to those encountered, including all surety department staff. This role is also responsible for assisting other managers in the development of underwriters and staff. They would also be a strong advocate for all surety products, including non-contract surety. They help identify, set, implement, and monitor goals, objectives, and direction for the surety department. Extensive travel is required, including frequent overnight travel.
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