Underwriting Manager jobs in Sacramento, CA
Underwriting Manager manages daily operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Being an Underwriting Manager oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Additionally, Underwriting Manager develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a senior manager. The Underwriting Manager 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. To be an Underwriting Manager 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. (Copyright 2024 Salary.com)
Recently Added 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.
- 15 Days Ago
Supervisor, Underwriting Support
- Insurance Company of the West
-
Rancho Cordova, CA
FULL_TIME
- Are you looking for more than just a job? Do you want to have a voice and feel a sense of belonging? At ICW Group, we hire innovative people who consistently adapt, grow and deliver. We believe in har...
- 18 Days Ago
Supervisor, Underwriting Support
- ICW
-
Rancho Cordova, CA
FULL_TIME
- Are you looking for more than just a job? Do you want to have a voice and feel a sense of belonging? At ICW Group, we hire innovative people who consistently adapt, grow and deliver. We believe in har...
- 19 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...
- 7 Days Ago
Underwriting Analyst - Commercial Lines
- Berkshire Hathaway GUARD Insurance Companies
-
Rancho Cordova, CA
FULL_TIME
- Overview Berkshire Hathaway GUARD Insurance Companies is looking to hire an Underwriting Associate (Entry Level) to evaluate risks for Workers’ Compensation, Businessowners’, Commercial Auto, and Umbr...
- 1 Month 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, ...
- 26 Days Ago
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0 Underwriting Manager jobs found in Sacramento, CA area
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
Commercial Account Manager
- Insurance Search Specialists
-
Sacramento, CA
- Job Description Job Description A wholesale insurance broker is seeking an experienced commercial insurance professional...
- 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
AVP, Market Sales Strategy Sr Analyst (MSSA) Northern CA/NV
- Citigroup, Inc.
-
Citrus Heights, CA
- The Division Sales Strategy Senior Analyst is an intermediate level position responsible for leading the formulation and...
- 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
Loan Officer Associate
- Lennar Mortgage
-
Sacramento, CA
- Overview Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team me...
- 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 Underwriting Manager jobs
$134,866 to $190,885
Sacramento, California area prices
were up 2.5% from a year ago
were up 2.5% from a year ago
What does an Underwriting Manager do?
Underwriting Manager in Indianapolis, IN
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December 25, 2019
Underwriting Manager in Boise, ID
“Paula’s experience of the underwriting role in a large organisation like RBS will be invaluable to us as we continue to develop our own underwriting capability in the wake of growing demand for our products and service.
February 18, 2020
Underwriting Manager in Nashua, NH
Certification is necessary for advancement to senior underwriter and underwriter manager positions.
January 01, 2020