Senior Manager, Underwriting
$75,400 per year
Apply now (opens in a new tab)Senior Manager, Underwriting
L7
$75,400 per year
Industries
Direct Health and Medical Insurance CarriersDirect Life Insurance CarriersDirect Property and Casualty Insurance Carriers- Proactively manage the workflow and shifting priorities of the underwriting unit to ensure timely, accurate deliverables.
- Provide daily support, coaching, and mentorship to a team of underwriters, fostering skill development and professional growth.
- Conduct quality reviews, identify learning opportunities, and oversee training for both internal staff and external stakeholders.
- Lead team meetings and serve as the first point of contact for complex case issues or challenges.
- Support hiring, onboarding, and ongoing talent development of direct reports.
- May provide coverage for the department leader as needed.
- Assists in preparing underwriting analysis and risk assessment for new and renewal business, including cases with significant benefit implications.
- Assists in the preparation of quotes, questionnaires, and financial projections of varying complexity.
- Apply underwriting guidelines and negotiate financial terms within assigned authority; escalate exceptions and financial variances to senior leadership as appropriate, balancing membership, revenue growth, and profitability.
- Ensure pricing strategies align with business objectives and client needs.
- Assist team members in navigating complex or sensitive sales and renewal situations.
- Act as the central contact for final rate submissions (Final & Firm process), including reporting and coordination with underwriters and operational teams.
- Collaborate with Business Analysis, Sales, Client Management, and other internal stakeholders to support sales and retention efforts.
- Present underwriting information and explain rate development, underwriting policies, and product standards to internal and external stakeholders.
- Build and maintain relationships with stop loss carriers to support case resolution and negotiation efforts.
- Clearly articulate Meritain's services, underwriting philosophy, and new initiatives to internal and external stakeholders.
- Lead or contribute to departmental projects and continuous improvement initiatives aimed at enhancing productivity, accuracy, and customer service.
- Identify and implement opportunities for automation and operational efficiency; influence the development of tools and resources.
- Support the use and optimization of underwriting tools, systems, and reporting platforms.
- Provide strategic input on stop loss placement, pricing, and product positioning.
- Demonstrate deep knowledge of Meritain's product portfolio, underwriting philosophy, and market positioning.
- Support the development of proposals that align with client goals and organizational strategies.
- Analyze operational data and apply insights to financial modeling and fee development.
- Serve as a trusted resource for internal partners on underwriting and stop loss strategy.
- In order to be successful in this role you must exhibit the following:
- Strong analytical, decision-making, and communication skills.
- Demonstrated ability to lead, mentor, and/or develop team members.
- Demonstrated success in anticipating customer needs and negotiating using tact and diplomacy.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
Level
ManagerL7
Salary
$75,400 per year
Location
Bel Air, MD
Occupation
Insurance Underwriters
Industry
Direct Health and Medical Insurance Carriers
Posted
today
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