Group Underwriting Manager jobs in Somerset, NJ
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
AVP, Group Underwriting / NYC or Warren, NJ
- Everest Global Services, Inc.
-
Warren, NJ
FULL_TIME
- Title: AVP, Group Underwriting / NYC or Warren, NJ Company: Everest Global Services, Inc. Job Category: Underwriting Job Description: It’s an exciting time for Everest Re Group, Ltd. (“Everest”)! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets. Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including: • Generous tuition/continuing education reimbursement • Mentoring opportunities • Flexible work arrangements • Talent development initiatives • Networking groups Everest is a growth company with $14 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers. Our financial strength is evident in Financial Agency Ratings of: A A. M. Best, A S&P Global and A1 Moody’s Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial and responsive. Everest Re Group, Ltd. is currently recruiting for an AVP of Group Underwriting. This position reports directly to the Senior Vice President of Group Underwriting and will partner closely with the insurance and reinsurance division global leadership team to identify and develop profitable underwriting strategies. Location This is a hybrid position based in our NYC office or Warren, NJ headquarters. Minimal travel required Responsibilities include but not limited to: Work with the SVP of Group Underwriting to partner with global senior underwriting leadership across insurance and reinsurance to identify and develop profitable underwriting strategies and identify areas of portfolio improvement and growth. Assist business segment leadership with portfolio deep dives presentations. Assist with managing Group Product Boards comprised of key critical stakeholders across multiple lines of business in insurance and reinsurance underwriting, claims, actuary, reserving and group data and analytics, to assess and address line of business specific market conditions, growth opportunities, address UW challenges, understand rate/trend trajectories, and utilize combined expertise of the board membership to optimize portfolio performance. Coordinate preparation materials and prepare summary reports for the product board meetings. Drive LOB specific initiatives emanating from the product boards. Work with business segment leadership to be bring enhanced tools, systems, UW guidelines and underwriting strategies to the lines of business as directed by the product boards. Includes focus on exposure management and line of business underwriting execution management Assist with Credit Risk Committee. Assess material risk exposures, and geopolitical risk exposures in connection with credit lines of business. Monitor group credit limits. Assist with special projects directed by Group COO. Liaison with Underwriting Risk Committee as part of Enterprise Risk Management, to identify major group underwriting controls and assist in development of formal processes for ensuring compliance. This includes working on accumulation management across multiple lines of business, group-wide exposures, and analysis of Insurance and reinsurance quality assurance programs. Assist with Global Underwriting Summit. Bring together Insurance and Reinsurance teams to address UW strategy, appetite, areas of opportunity, growth, and challenges. Qualifications, Education & Experience: Minimum 7-10 years in insurance or reinsurance underwriting, portfolio analytics, or pricing. Ability to lead cross-functional team Superior oral and written communication skills with the ability to influence decisions Excellent analytical and presentation skills with the ability to quickly analyze and interpret data Proactive and independent thinker with strong attention to detail. Highly responsive and ability to work in a fast-paced environment with direct exposure to senior management Highly collaborative and able to work effectively across the organization as well as with external stakeholders Comfortable taking initiative to achieve objectives and operates with an entrepreneurial spirit Displays tenacity and decisiveness, with the courage to take risks. Should be comfortable multi-tasking and adapting to changing/balancing priorities and working under pressure and deadlines. Proficient use of Powerpoint, Excel, Word and Outlook. Bachelor’s or professional degree preferred, but not required. For NYC Only: The base salary range for this position is $150,000-$175,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. #LI-Hybrid #LI-RS1 Type: Regular Time Type: Full time Primary Location: Warren, NJ Additional Locations: New York, NY Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com. Everest U.S. Privacy Notice | Everest (everestglobal.com) Beware of recruitment fraud Please be cautious of phishing scams involving fake Everest job postings and individuals posting as Everest representatives making phony job offers. Always verify the identity of the recruiting professionals you work with. What you should know: At Everest, your privacy, security, and safety are of utmost importance to us. Everest will never ask for payment or any financial information as part of the hiring process. All job-related written communications from our internal recruitment team will come from official email addresses that end in our company domain. EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.
- 19 Days Ago
Underwriting Services Manager
- Everest National Insurance Company
-
Warren, NJ
FULL_TIME
- Title: Underwriting Services Manager Company: Everest Insurance Company Job Category: Underwriting Job Description: It’s an exciting time for Everest Group, Ltd. (“Everest”)! As we continue on our jou...
- 1 Month Ago
Underwriting Services Manager
- everestre
-
Warren, NJ
OTHER
- Title: Underwriting Services Manager Company: Job Category: Operations, Underwriting Job Description: Job Description It’s an exciting time for Everest Group, Ltd. (“Everest”)! As we continue on our j...
- 1 Month Ago
Group Home Assistant Manager
- New Jersey Institute for Disabilities
-
Bridgewater, NJ
FULL_TIME
- The New Jersey Institute for Disabilities (NJID) is one of the largest not-for-profit agencies of its kind in the nation providing services to infants, children, and adults with developmental and rela...
- 15 Days Ago
Group Home Assistant Manager
- New Jersey Institute for Disabilities
-
Bound Brook, NJ
FULL_TIME
- The New Jersey Institute for Disabilities (NJID) is one of the largest not-for-profit agencies of its kind in the nation providing services to infants, children, and adults with developmental and rela...
- 16 Days Ago
Residential Group Home Manager
- Everas Community Services Inc
-
Somerset, NJ
FULL_TIME
- Job description Everas Community Services, Inc is a leading non-profit who has been supporting individuals with Intellectual developmental disabilities in the community for over 40 years. Our services...
- 22 Days Ago
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0 Group Underwriting Manager jobs found in Somerset, NJ area
Senior/Executive Claims Specialist
- Crum & Forster
-
Morristown, NJ
- Crum & Forster Company OverviewCrum & Forster (C&F) with a proud history dating to 1822, provides specialty and standard...
- 4/23/2024 12:00:00 AM
DE Underwriter
- Marlin Mortgage Capital
-
Red Bank, NJ
- Company Description Marlin is a large master servicer that currently services approximately 140,000 loans. This position...
- 4/22/2024 12:00:00 AM
Client Relationship Manager
- Yoh, A Day & Zimmermann Company
-
Wyckoff, NJ
- Job Description Client Relationship Management- Underwriting Analyst A services company, specializing in providing compa...
- 4/22/2024 12:00:00 AM
Acquisitions Analyst / Associate
- Aker
-
New York, NY
- Role: Analyst / Associate, Investments Start Date: Spring / Summer 2024 Initial Location: New York, NY (In-Office 4 Days...
- 4/22/2024 12:00:00 AM
Senior Underwriter - Casualty
- MSIG Holdings USA, Inc.
-
New York, NY
- MSIG North America continues to grow! Summary/Job Purpose: Underwrite profitable Commercial Lines business within assign...
- 4/21/2024 12:00:00 AM
Director of Underwriting
- Ikon Search
-
Jersey City, NJ
- We are searching on behalf of a top-tier global carrier for an Underwriting Manager that can handle a $100M book of busi...
- 4/20/2024 12:00:00 AM
DE Underwriter
- Marlin Mortgage Capital
-
Red Bank, NJ
- Company Description Marlin is a large master servicer that currently services approximately 140,000 loans. This position...
- 4/20/2024 12:00:00 AM
Acquisitions Analyst / Associate
- Aker
-
New York, NY
- Role: Analyst / Associate, Investments Start Date: Spring / Summer 2024 Initial Location: New York, NY (In-Office 4 Days...
- 4/20/2024 12:00:00 AM
About Somerset, New Jersey
Somerset is an unincorporated community and census-designated place (CDP) located within Franklin Township, in Somerset County, New Jersey, United States. As of the 2010 United States Census, the CDP's population was 22,083.
Somerset housed one of the first Marconi Wireless Stations in the United States.
According to the United States Census Bureau, the CDP had a total area of 6.444 square miles (16.692 km2), including 6.327 square miles (16.388 km2) of land and 0.117 square miles (0.304 km2) of water (1.82%)....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Group Underwriting Manager jobs
$135,456 to $170,236
Somerset, New Jersey area prices
were up 1.5% from a year ago
were up 1.5% 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