| Underwriting Manager |
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| Also referred to as: Underwriting Manager, Underwriting Operations Manager |
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| Requirements and Responsibilities |
| Manages 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. Calculates renewal rates, and determines appropriate premiums, limits, and coverages. Ensures compliance with all industry and governmental regulations. 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 director. 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. 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. |
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| Similar Jobs: Underwriting Manager - Life, Mortgage Underwriting Manager, Underwriting Manager - P&C, Loan Underwriting Manager II, Underwriting Manager - Complex Medical, Loan Underwriting Manager I, Underwriting Senior Manager, Underwriting Assistant I, Underwriting Assistant III |
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| Level of Education: Underwriting Manager Salaries with a Bachelor's Degree, Underwriting Manager Salaries with a Master's Degree or MBA, Underwriting Manager Salaries with a JD, MD, PhD or Equivalent |
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| Industries: Business Services, Edu., Gov't. & Nonprofit, Financial Services, Healthcare, Insurance, Retail & Wholesale | |
