GENERAL DESCRIPTION (SUMMARY, SCOPE, PURPOSE)
The Underwriting Manager will manage all renewal insurance policies in accordance with underwriting guidelines. In addition, this position will be responsible for managing policy issuance and delivery.
ESSENTIAL DUTIES AND RESPONSIBILITIES
· Underwrite all eleven GP3 policies.
· Work with the sales team to quote all new MI and GP3 business.
· Responsible for the underwriting and timely processing of all policy renewals; including GP3 policies.
· Responsible for processing endorsements, cancellations, and reinstatements.
· Responsible for preparing Rate Pages and Comparison documents used to present renewal offers.
· Monitor loss-ratios and recommend rate, deductible, and coverage changes as well as policy cancelation where loss-ratio is unsatisfactory or there is a substantial change in underlying risk.
·Provide assistance to internal and external customers regarding coverage interpretations and policy and endorsement provisions.
· Assure that underwriting files are kept current and accurate.
· Manage policy issuance and delivery.
· Other duties as assigned.
The essential duties contained in this job description reflect general details as necessary to describe the principal functions of this job, the level of knowledge and skill typically required and the scope of responsibility. It should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences, equalize peak work periods or otherwise to balance the workload.
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
· Detail-oriented.
· Minimum of three years insurance industry experience.
· Ability to comprehend and apply insurance and technical knowledge.
· Analyze information effectively.
· Strong written and communication skills.
· Ability to work in fast-paced, multi-tasking environment.
· Prior P&C Insurance, Mortgage, or Forced Placed Insurance related experience is a plus.
· Requires a working knowledge of Windows computer environment & Office software.
EDUCATION REQUIREMENTS
· Requires a high school diploma or GED
· College degree preferred
Job Title: Underwriting Manager
LICENSING OR CERTIFICATION REQUIREMENTS
None required.
PHYSICAL DEMANDS
The physical and environmental demands described here are representative of those that must be met by an employee to
successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
QUALIFICATIONS
To perform this job successfully, the incumbent must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. These qualifications are considered without regard to race, religion, color, sex, national origin, disability, or any other characteristic protected by federal, state, and local law. If this position requires licensing or certificate.
Job Type: Full-time
Pay: $64,000.00 - $71,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Vision insurance
Physical setting:
Schedule:
People with a criminal record are encouraged to apply
Ability to Commute:
- Irving, TX 75063 (Required)
Ability to Relocate:
- Irving, TX 75063: Relocate before starting work (Required)
Work Location: Hybrid remote in Irving, TX 75063