Full-Time
Lead Senior Underwriter
Direct Staffing
No salary listed
Madison, WI, USA
Remote
Travel is required approximately 25% of the time.
Bachelor's
Category
 Insurance (1) |
|---|
Required Skills
Financial analysis
Risk Management
Requirements
- A Bachelor's Degree in Insurance or Business, or an equivalent trade-off in related professional work experience.
- A professional designation such as Chartered Property Casualty Underwriter, Associate in Fidelity and Surety Bonding, or Underwriting.
- Extensive understanding of fidelity, property and casualty insurance and credit union internal operations, including underwriting or marketing of division coverages, claims adjudication, credit union operations, and financial analysis of credit unions.
- Understanding of the theory and principles of commercial property and casualty insurance.
- Expert-level knowledge of credit union operations and their influence on exposure to insured losses.
- A minimum of 7–10 years of progressively responsible experience, preferably with field experience.
- Organizational, analytical, planning, interpersonal, creative problem-solving, presentation, and project management skills.
- Willingness to travel 25% of the time in the multi-state Marketing Division.
- Experience with Bond or Directors and Officers insurance lines.
Responsibilities
- Assess exposures and recommend appropriate Credit Union Protection insurance products and loss prevention solutions for large and complex credit unions and related organizations.
- Drive internal Customer Development Process participation and collaborate with field, claims, brokerage, and loss prevention teams to deliver appropriate services and products to assigned accounts.
- Evaluate credit union and related-organization exposures across all lines of insurance by reviewing strategic and tactical plans, operations, policies, procedures, regulatory examinations, financial condition, loss histories, renewal questionnaires, risk management reports, and discussions with senior credit union staff.
- Consult with the Team Leader and other Credit Union Protection staff on complex or precedent-setting exposure and coverage issues.
- Evaluate and decide appropriate coverage and deductibles, and work with field representatives to communicate policy provisions to credit unions and related organizations.
- Underwrite insurance coverage in compliance with policies and procedures.
- Collaborate with Field, Risk Management, Claims Staff, and Product Specialists to build relationships with credit unions.
- Proactively engage credit unions and provide loss consultation.
- Apply underwriting knowledge, judgment, and underwriting philosophy to identify exposures, implement coverage or loss-prevention solutions, and ensure proper pricing.
- Provide technical underwriting guidance to underwriting-team members, including approving accounts outside underwriters' authority.
- Develop and maintain relationships between field distribution and the Business Protection area, and resolve pricing, coverage, and claims problems presented by the Field.
- Develop and maintain relationships between the Mutual Group's Agency Brokerage Unit and external brokerage partners.
- Work with field distribution, the Agency Brokerage Unit, and external brokerage partners to deliver comprehensive insurance solutions, including excess and reinsurance placements or a surplus-lines approach.
- Travel to assigned accounts for mid-year executive reviews, renewal presentations, and on-site risk-management analyses.
- Participate in field-planning meetings and meetings with assigned accounts.
- Conduct seminars and presentations on insurance coverage, loss control, and other Mutual programs for credit unions, related organizations, and Mutual Group departments.
- Bring the underwriter's perspective to projects and teams for the benefit of CMG and customers.
Desired Qualifications
- An advanced degree.
- Field experience.