Underwriter Manager
the Ladders - Long Beach, NYWork at the Ladders
Overview
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Overview
Lancer Management Company, Inc. is a member of the Lancer Insurance Group which is rated A- (Excellent) by AM Best and has been providing specialty insurance to commercial transportation companies across the United States for thirty-five years. The Lancer Insurance Group has been described by AM Best as a "leading market presence in the specialty transportation business."
Responsibilities:
- Serve as the primary resource for underwriters for questions and authorization of any exceptions.
- Develop training and goals for individuals in the group and write performance reviews for individual team members annually or as needed.
- Authorize underwriting cancellations and reinstatements.
- Conduct on-going audits of the team as individuals and as a group to confirm workloads are efficiently distributed and current.
- Consult with CUO on accounts with premium outside of product managers authority level to determine both eligibility and pricing.
- Attend industry events and trade shows which may include overnight stays.
- Develop relationships with brokers and industry connections through networking events.
- Approve new and renewal policies with premium or risk outside underwriter's authority.
- Establish program guidelines for marketing and underwriting, including advertising program, supervision of Department staff and set departmental procedures.
- Provide education to staff.
- Interface with Information Technology, Human Resources, Accounting, Legal, Lancer Underwriting, Claims and Customer Service Departments regarding creation and implementation of changes to systems, procedures and forms.
- Create new marketing opportunities and identify competitors and monitor market conditions.
- Handle Insurance Department complaints.
- Monitor compliance with rate and forms filings.
- Manage daily activities of underwriting division including supervision of underwriting, underwriting services and File Department functions including personnel and salary reviews.
- Monitor adherence to established underwriting guidelines and procedures.
- Assess actuarial data.
Education and Experience:
- Must have a minimum of a bachelor's degree.
- 5 years underwriting experience in the commercial automobile industry.
- Must have previous experience managing others.
Salary Range:
The expected base salary range for this position is $120,000 - $145,000.
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program