Group Underwriting Manager jobs in Sacramento, CA
Group Underwriting Manager manages and implements policies and procedures for group underwriting. Determines and monitors the process for group rate-setting. Being a Group Underwriting Manager provides decisions and recommendations on complex cases. Requires a bachelor's degree. Additionally, Group Underwriting Manager typically reports to a senior manager. The Group Underwriting Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Group Underwriting Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Recently Added Group Underwriting Manager jobs
Inland Marine Underwriting Specialist
- The Hanover Insurance Group
-
Roseville, CA
FULL_TIME
- Hanover Marine is seeking a market facing, sales-minded Underwriter Specialist in our Specialty Division to join our growing Inland Marine team in California. This is a full time, exempt role. At the Hanover we understand that life and the workplace have changed so we are reimagining the workplace and provide flexible work arrangements. This position will be a hybrid role and can be located in either Southern or Northern California. We encourage all Inland Marine Underwriting professionals looking to join a dynamic & collaborative team to apply. The actual job title and level may be flexible dependent on candidate qualifications and experience. POSITION OVERVIEW: Responsible for identifying, soliciting, underwriting and selling new and renewal Specialty accounts that drive profitable growth and align with Industry Segments and LOB mix goals. Apply technical, sales and analytical skills to provide insurance solutions that help Hanover’s customers manage risk. Demonstrates a thorough understanding of Hanover’s strategies and appetites and will use internal and external data to make appropriate individual and portfolio risk decisions. Operates with limited daily supervision, seeks technical direction for matters outside one’s authority and general expertise. Operates within a standard letter of authority for all underwriting decisions while managing a book of business, generally with moderate to high technical complexity and coordination. IN THIS ROLE, YOU WILL: Technical Underwriting: Knows and applies underwriting concepts including risk selection, exposure and hazard identification and control, coverage implications, and loss analysis. Uses all appropriate underwriting tools, disciplines and strategies to ensure underwriting guidelines are followed. Understands pricing components and rating methodology and correlates pricing to exposures. When presented with minimal information on a risk, instinctively knows the key questions to ask to ascertain the full scope of operations and the key exposures and needed controls. Completes file documentation according to best practices guidelines and can clearly explain account decisions. Portfolio Management & Financial Acumen: Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business and portfolio management goals, by use of proven pipeline and marketing practices. Developing an understanding of various financial reporting information and insurance performance measures in the management of risk. Demonstrates an understanding of the market factors that can affect pricing and how it correlates to individuals’ book, agency’s book, the region, and countrywide. Prepares or analyzes information on underwriting decisions, rate, underwriting requirements, company appetite, status and declinations to drive results within the assigned territory. Familiarizes oneself with other Hanover departments for leveraging growth in areas of business where portfolio could be more balanced. Sales Management: Can identify, solicit, pipeline, negotiate, and close accounts aligned with business strategy. Ability to profile assigned agency plant and to strategically market our capabilities to agents. Keeps current on state/territory issues, regulations and trends. Utilizes market and competitor information to enhance relationships and individual account decision making. Prioritizes and develops effective relationship management and producer activities to build trust, facilitate negotiation, and secure commitment in order to improve yield and retention ratios. Operates with a franchise perspective to identify additional sell opportunities to create growth within other LOB’s and customer segments. Partners with other business units to deliver comprehensive insurance solutions. Demonstrates in-depth knowledge of Hanover’s products and appetite while clearly communicating Hanover’s position at the point of sale. Builds and maintains rigorous sales practices using all systems, sales tools and disciplines outlined in the sales best practices. Makes presentations to agents and customers. Utilize department and Specialty partners to augment sales process. Effectively utilize Claims and Loss Control to display service and/or technical expertise with present and future customers. WHAT YOU NEED TO APPLY: Bachelor’s Degree or equivalent experience. 3-7 years Specialty, Marine, or standard commercial lines experience. 3-4 years experience driving agency relationships resulting in profitable new and renewal business as well as complex accounts. Ability to travel on agency visits as needed. Demonstrates ability to adapt quickly to change, identify, analyze, and solve problems and willingness to being open to new and different ways of thinking. Communication - ability to effectively interact and communicate with all levels of external and/or internal business partners within scope of responsibility, team and/or matrix environment. Demonstrating ability to consult with internal and external parties on underwriting matters. Judgment and Decision Making - Ability to exercise judgment, negotiate and make sound business decisions effectively based on level of authority. Demonstrates confidence in own abilities and is comfortable taking informed risk. Agile and Adaptive - Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly, adapt quickly to change, exercise influence, and manage and prioritize multiple concurrent projects. Team Work and Collaboration - Openly encourages other team members to share ideas and voice concerns. Shows respect for differences and diversity in ideas and views. Involves other team members to achieve optimal performance. Prioritization and Desk Management - Understands and seeks ways to improve the quality and results of one’s work. Monitors progress against agreed upon timeline and deliverables. Raises awareness if achievement of committed work may be compromised and actively engages in mitigating the situation.
- 16 Days Ago
Agri Business Underwriting Specialist
- Capital Insurance Group
-
Roseville, CA
FULL_TIME
- Why CIG? At Capital Insurance Group we offer our employees more than just a job. We foster career growth, provide opportunities to give back to our communities, and help you take the next step in your...
- 8 Days Ago
Middle Market Portfolio Underwriting Specialist
- The Hanover Insurance Group
-
Roseville, CA
FULL_TIME
- For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, ...
- 27 Days Ago
GROUP HOME HOUSE MANAGER
- BrightSpring Health Services
-
Yuba, CA
FULL_TIME
- GROUP HOME HOUSE MANAGER Job Locations US-CA-YUBA CITY ID 2024-143107 Line of Business ResCare Community Living Position Type Full-Time Pay Min USD $18.58/Hr. Pay Max USD $18.58/Hr. Our Company ResCar...
- Just Posted
GROUP HOME HOUSE MANAGER
- ResCare Community Living
-
YUBA CITY, CA
FULL_TIME
- Our Company ResCare Community Living Overview Operations Management focuses on efficiently meeting the needs of our clients across various lines of business. If your passion is managing and developing...
- 1 Day Ago
Group Manager, Aero/Flight Sciences
- Kratos Defense
-
Roseville, CA
FULL_TIME
- Job Description: GENERAL JOB SUMMARY: Come work on the latest advancements in unmanned aircraft. Get to work on groundbreaking designs that will be the future of tactical aviation. Lead a team of flig...
- 1 Day Ago
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0 Group Underwriting Manager jobs found in Sacramento, CA area
Inland Marine Underwriting Specialist
- The Hanover Insurance Group, Inc.
-
Roseville, CA
- For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters th...
- 4/25/2024 12:00:00 AM
Sales Representative - Remote
- InsuraTec
-
Sacramento, CA
- Job Description Job Description Sales Representative - Remote Company: InsuraTec Services Group Location: Remote About U...
- 4/25/2024 12:00:00 AM
Commercial Lines Underwriter
- Burns & Wilcox
-
Sacramento, CA
- When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. T...
- 4/24/2024 12:00:00 AM
Vacaville, CA - Field Inspector - Insurance Loss Control
- H & S Loss Control Inspections
-
Vacaville, CA
- Qualified Field Inspectors for Insurance Loss Control are needed in your area! Immediate placement available. Pay: We pa...
- 4/24/2024 12:00:00 AM
Associate Underwriter
- Burns & Wilcox
-
Sacramento, CA
- When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. O...
- 4/23/2024 12:00:00 AM
Director of Special Investigations (Workers Compensation)
- Berkshire Hathaway Homestate Companies
-
Sacramento, CA
- WHO WE ARE Berkshire Hathaway Homestate Companies is dedicated to being the best workers compensation insurance company ...
- 4/22/2024 12:00:00 AM
Associate Underwriter
- Burns & Wilcox
-
Sacramento, CA
- When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. O...
- 4/21/2024 12:00:00 AM
Sacramento, CA - Field Inspector - Insurance Loss Control
- H & S Loss Control Inspections
-
Sacramento, CA
- Qualified Field Inspectors for Insurance Loss Control are needed in your area! Immediate placement available. Pay: We pa...
- 4/21/2024 12:00:00 AM
About Sacramento, California
Sacramento (/ˌsækrəˈmɛntoʊ/ SAK-rə-MEN-toh; Spanish: [sakɾaˈmento]) is the capital city of the U.S. state of California and the seat of Sacramento County. Located at the confluence of the Sacramento River and the American River in Northern California's Sacramento Valley, Sacramento's estimated 2018 population of 501,334 makes it the sixth-largest city in California and the ninth largest capital in the United States. Sacramento is the seat of the California Assembly, the Governor of California, and Supreme Court of California, making it the state's political center and a hub for lobbying and th...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Group Underwriting Manager jobs
$130,274 to $163,723
Sacramento, California area prices
were up 2.5% from a year ago
were up 2.5% from a year ago
What does a Group Underwriting Manager do?
Group Underwriting Manager in Terre Haute, IN
Guide the recruiter to the conclusion that you are the best candidate for the group underwriter job.
February 02, 2020
Group Underwriting Manager in Huntsville, AL
This difference is also known as the underwriting spread.
January 27, 2020
Group Underwriting Manager in Passaic, NJ
An underwriting group is also called a purchase group, distributing syndicate or syndicate.
February 07, 2020