An exciting opportunity exists to join the ProAssurance family of companies!
We are a specialty writer of professional liability, products liability and workers' compensation insurance. With approximately 1000 employees operating in all 50 states, we are well positioned to offer career opportunities to individuals interested in professional growth.
This position is with Eastern Alliance, a best in class workers' compensation provider and member of the ProAssurance family of companies.
This position is to be based out of Carmel IN. Eastern offers its employees the opportunity to work from home up to 3 days per week.
The primary responsibility of the Underwriting Manager is to perform all of the necessary duties to profitably and effectively manage the assigned unit operations. This position is responsible for providing management functions for the assigned team(s) as well as leading the unit to meet all financial and operational goals while adhering to Company Mission statement, Core Values, and Underwriting Philosophies.
30% Executes management functions for the assigned unit, provides technical guidance and direction to the unit on underwriting procedures, Company policy and standards. Assists with drafting and executing operational objectives and financial revenue budget for the department.
20% Provides referral underwriting expertise for the unit, reviews/audits files in order to provide guidance and development on underwriting strategies.
20% Directly oversees the day-to-day operations of the assigned unit; provides guidance, support and growth opportunities to staff. Establishes performance objectives and underwriting authorities for all direct reports; provides regular feedback and conducts annual performance reviews. Participates in hiring of new staff and facilitates or conducts orientation for staff members; coordinates formal training programs; assigns staff to special projects and oversees workflow and workload of staff.
5% Serves as leader or participant on various task forces and projects; plans regular training programs to enhance technical and business skills of staff; communicates training opportunities to other departments.
5% Assists with agency management; visits agents on a regular basis and participates in annual business planning. Assists staff with planning and conducting agency visits.
5% Reviews and distributes monthly reports and results; evaluates and reports monthly unit results; makes recommendations and adjustments when necessary.
5% Facilitates and creates a team environment within the unit and with other departments; runs regular unit meetings, oversees monthly adverse account review meetings.
5% Identifies and coordinates external presentations that provide the Company with positive public relations.
5% Participates in a wide variety of special projects.
Knowledge, Skills and Abilities Required:
Bachelor degree in Business, Insurance or related field and 5 years of progressive experience in underwriting or underwriting management is required. Prefer workers compensation experience, CPCU or advanced certification.
Ability to attend insurance and industry/business functions to promote and present a positive image of the Company; ability to participate in presentations to potential clients/agents; ability to travel as necessitated by business needs.
Proficiency in Microsoft Office computer applications; ability to learn new computer software applications.
Advanced analytical ability; ability to analyze and interpret information to make profitable decisions about risks.
Attention to detail in processing information, establishing priorities and meeting deadlines.
Solid analytical and problem solving skills including formulating logical and objective conclusions; the ability to think strategically.
Ability to analyze the competition, identify trends and make recommendations to remain competitive and profitable in the market.
Ability to assess the urgency and importance of a situation and take appropriate action.
Leadership ability with sound technical skills, analytical and problem solving ability, high ethical standards, good judgment and ability to effectively supervise staff.
Ability to communicate effectively and professionally both verbally and in writing with various constituencies and at all levels, internally and externally.