Underwriting Manager

Job Description

The underwriting manager is primarily responsible for providing leadership, support, and guidance to the underwriting team. He must ensure that the underwriting team complies with the organization's goals, objectives, and standards to meet customer satisfaction and deadlines. The underwriting manager assists in driving the growth and profitability of the overall medical portfolio through appropriate market pricing and risk control. Responsibilities

• As an Underwriting Manager, you will be responsible for accurate underwriting and pricing of SME and Corporate business. In this position, you will implement new underwriting and risk mitigation strategies to drive profitable growth. Manage a team of underwriters and assistants.
  
• Oversee the evaluation, classification, and rating of risk to determine acceptability, coverage, and pricing. Implement underwriting policies and ensure compliance with these policies. Constantly review policy and benefit tables to ensure market-relevant product offerings.
• Monitor critical areas, such as loss ratio, claim costs, retention ratio, and new business hit ratio, formulating corrective action where necessary.
• Mentor and train underwriters and assistants drive continuous improvement of current underwriting and pricing techniques Monitor staff achievements and perform periodic performance appraisals Provide guidance, coaching, or training to direct reports in performing their delegated duties. Other Duties may be assigned.

• 10-years experience in senior underwriting position preferably in medical insurance.
  
• Bachelor’s degree or relevant education and experience
• Insurance license, CPCU, CIC, or comparable designations preferred.
• Strong technical skills are a must, as are business acumen, interest in continued education, and professional development.