Underwriting Manager - Professional Liability (E&O)
September 28, 2018
Matawan, New Jersey
Full-time - Experienced
Insurance, Underwriter - Insurance
4 Year Degree
Use Your Professional Liability Underwriting Management Expertise to Build/Retain Prestigious Professional Liability Business!
Manage a team of professional liability underwriting staff members and provide professional liability underwriting subject matter expertise to ensure best business practice underwriting processes. This role, located in our Matawan, NJ office, will drive underwriting execution that will ensure timely processing; quoting and issuance of profitable new business and account retention of our prestigious Lawyers’ Professional Liability program.
You will provide technical guidance to ensure underwriting performance and service goals are met as well as compliance with underwriting processes, guidelines and standards. You will work closely with our sales team regarding underwriting issues and act as the liaison in solving processing and other issues involving sales and policy services depts. as well as carriers. Using your underwriting knowledge and strong negotiation skills you will work closely with the carriers with escalating policies outside company underwriting authority level to negotiate premium.
ABOUT USI AFFINITY
USI Insurance Services has been recently named as one of the top 300 large companies by Forbes Magazine. USI Affinity, a Division of USI Insurance Services - and has emerged as one of the leading providers of insurance, financial and risk management services to professional associations, individuals and small-business owners. For over 75 years the divisions of USI Affinity have developed, marketed and administered insurance and financial programs that offer association clients unique advantages in coverage, price and service. We market and administer insurance programs for over 400 associations nationwide, representing more than 15,000,000 members.
USI Affinity is a proud insurance partner for legal organizations ranging in size from small firms and solo practitioners to larger firms and bar associations nationwide. We draw on decades of expertise as a leading risk management expert for the legal profession.
From the beginning of the risk management process, USI Affinity focuses on providing comprehensive solutions, coverage, claims and risk control services to protect lawyers from a wide range of professional exposures and to offer a full suite of other value-added insurance benefits. Our team works directly with clients to identify requirements and set a strategy for the future while monitoring market trends and the carrier landscape to continually improve coverage. Because we are not a carrier, we do not underwrite risk. Therefore, we advocate on behalf of our client’s in the event of a claims issue with an insurance carrier.
The right candidate will have:
A High School Degree or GED (Bachelor's Degree is preferred);
Expert knowledge of Professional Liability/E&O Underwriting (estimated 7+ years’ experience) is required. Lawyers' Professional Liability Marketplace experience is preferred.
Experience successfully managing an underwriting team; implementing best underwriting practices/procedures, managing by metrics and negotiating with carriers is required.
Experience with Program Insurance (helpful).
CPCU or other professional insurance designation (helpful).
Active P&C License (or ability to obtain within 6 months of employment)
In addition, you must have:
Demonstrated depth in negotiation, analytical and problem-solving skills
Strong customer service orientation
Ability to develop and maintain strong business relationships as well as the ability to deal effectively with difficult or sensitive situations.
Ability to effectively manage high volume environment and effectively manage own workload while exhibiting very sound judgment;
Excellent organizational skills and attention to detail.
Ability to work independently, part of a team and leadership abilities
Internal Number: 17760
About USI Affinity
USI Affinity, a division of USI Insurance Services, specializes in providing insurance, financial and risk management services to members of Affinity organizations such as Associations, Alumni Groups and Non-Profits, as well as targeted industry segments. Leveraging our proprietary USI ONE® process, we are dedicated to providing best in class coverage, education, advocacy and advice that sparks business growth and supports the mission of our clients through multi-channel sales, marketing and administration to deliver quantified value to association members.
For over 70 years USI Affinity has been recognized as an industry leader, consistently among the top Affinity Insurance Administrators in the United States serving more than 400 partner organizations and representing more than 20 million members. Our integrated teams specialize in insurance and financial solutions for associations including: Law Firms, Alumni/Collegiate, Professional Associations, Travel Organizations and Insurance Administrative Solutions.
USI has been named by Forbes Magazine as one of the 300 Best Large Employers in America!
USI has a passion to be different and better – for our clients, communities, a...nd team members, emerging as a new force in the insurance brokerage and consulting industry and as a leader across companies of every industry. USI is one of only two insurance brokerage and consulting firms on the list (and USI is the top ranked). It’s how we connect together as ONE, that creates the USI ONE Advantage®. Join our team and see what makes USI such a special place to work!