Personal Lines Underwriting Manager - Remote in Northeast
Posted 2025-03-14Ideal candidate will reside in the Northeast in one the following States: NJ, NH, MA, CT, RI, VT. Travel is up to 25% of the time to our agents located in MA, NJ and NH.
Please note, employment offered to residents in the following states only: Connecticut, Delaware, Massachusetts, Maryland, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont.
At Preferred, we understand the importance of holistic health. To meet the diverse needs of our employees, we offer a comprehensive set of benefits:
Financial
? Short-term disability, long-term disability, and life insurance coverage are provided at no cost
? Optional benefits include enhanced life insurance and critical illness plans
? 401k plan with an employer contribution that you will receive regardless of your own contribution to the plan
? Pension Plan
? Certain positions may also be eligible for short-term incentive plans.
Social
? Generous paid time off, offering of 25 days at hire (prorated based on start date for the first year)
? 7 days of paid sick leave
? 10 paid company holidays
? Personalized paid time off after 3 years!
Emotional
? Access to Modern Health, a provider of accessible, personalized mental health care
Physical
? Medical, dental, and vision coverage options begin on the first day of employment
? Health Savings Accounts (with employer contribution) are available based on the medical plan you choose
YOUR PURPOSE AND FUNCTION IN OUR COMPANY:
To provide leadership to a team of Personal Lines underwriting professionals within a designated territory/product line to attain growth and profitability. The Personal Lines Underwriting Manager will:
? Build, develop and manage strategic partnerships with Agency Partners, fostering meaningful relationships with Company customer base, including policyholders and consumers
? Manage profitability and growth within defined product/territory
? Participate in and drive Company vision, mission and value proposition
? Partner cross-functionally with Sales, Actuary, Product Development, Claims and other key business units to forecast and propose key products, identify trends, discuss referrals, to set product pricing/rate setting
? Work closely with Commercial Lines counterpart in the territory to grow across a shared agency plant.
? Engage and develop a staff of underwriting professionals; set departmental goals and initiatives and guide, monitor and facilitate progress towards achievement; design/manage and improve internal workflow efficiency
? Manage team workload and capacity; identify, address and manage performance related issues with staff members; complete bi-yearly performance reviews of staff members; identify and develop future leaders for succession planning
? Actively participate in the sourcing of candidates, conduct interview and make hiring decisions for your team; onboard new hires, including training, orientation, and engagement
? Facilitate/Lead Department Meetings
? Manage operational budget & staffing
? Ensure overall compliance with state and industry regulations
? This role requires up to 25% travel in the territory (Northeast Region)
QUALIFICATIONS: ? Bachelor?s Degree from an accredited university or college preferred or equivalent experience and education. ? Completion of advanced professional development coursework including, but not limited to; CPCU, CIC, ARM, AU or equivalent at Company?s discretion ? Minimum of 5 years of underwriting experience or equivalent ? Excellent oral and written communication, listening, team building, organizational and negotiation skills ? Extensive customer service experience and proven ability to manage conflict ? Track record of training, coaching and motivating individuals, groups and teams, enabling them to achieve established metrics for standards of performance ? Strong time and project management skills that support continued process improvement, as well as the achievement of goals and objectives ? Strong portfolio analysis skills and knowledge of personal lines products, underwriting guidelines and philosophy ? Skilled in the areas of account planning, account selling and product strategies ? Demonstrated ability to analyze and proactively respond to market needs and trends by recommending programs that are mutually beneficial and profitable to the Agent and the Company ? Significant familiarity and understanding of state regulations and policy coverages.
ABOUT US: As a mutual company, we are independent by nature, so we think about insurance solutions a little differently. Through listening, problem solving, examining your challenges and collaborating on the right solutions for you, Preferred Mutual independent agents provide flexible solutions and adapt to your evolving needs. We do the same for our employees. We are process and domain experts, focused on the solutions that deliver results for our clients and our company. We offer a great work environment, professional development, challenging careers, and competitive compensation. With Preferred, there are no surprises. You can count on us to deliver on our promises and be there when you need us, as your insurance provider and your employer. Preferred Mutual is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
DISCLAIMER: This role (job) description indicates in general terms, the type and level of work performed as well as the typical responsibilities of employees in this classification. The duties described are not to be interpreted as being all-inclusive to any specific employee. Management reserves the rights to add, modify, change or rescind the work assignments of different positions and to make reasonable accommodations so that qualified employees can perform the essential functions of the job. Nothing in this position description changes the at-will employment relationship existing between Preferred Mutual Insurance Company and its employees.
The salary range for the role is $104,000 - $155,000 per year paid on a salaried basis. The rate offered to any candidate will be reflective of the candidate?s experience and any relevant education, certification, or qualifications related to their ability to perform the responsibilities of this position as permitted by law.
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