Corporate Underwriting Manager

Hiring manager: Kerri Coburn

Level: 08

Location: Hybrid - may be open to consider remote

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property - such as manufactured homes and specialty dwellings - and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can't. We write admitted products in all 50 states and have a premium volume of $2.2 billion.

Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day - all in a flexible environment that helps them succeed both at work and at home.

Purpose:

The Corporate Underwriting Manager is responsible for overseeing the company's Underwriting Management Ecosystem to ensure portfolio optimization and quality assurance thereby enabling the company to operate within its underwriting risk appetite while effectively navigating market cycles. This role leverages strategic risk management to build resiliency into the portfolio resulting in intelligent growth and sustainable profitability thereby meeting the expectation of Underwriting Excellence.

This position plays a critical role in exercising underwriting discipline during shifting market conditions, and ensuring delegated underwriting authority is exercised consistently, appropriately, and within defined risk tolerances.

Key Roles & Responsibilities:

Underwriting Management

• Maintain and oversee the company's Underwriting Management Ecosystem, including:
  • Referral requirements to manage the portfolio
  • Underwriting strategies for target portfolio
  • Delegated Underwriting Authority/Delegated Authority consultations and reviews
  • Positioning the company to adhere to Munich RE and GSI underwriting guidelines
• Utilize predictive analytics to identify and resolve potential financial risks, threats or opportunities to proactively capitalize on and/or mitigate underwriting risk in order to anticipate and respond to changing market conditions.
• Ensure the companywide Underwriting Strategy remains current and reflective of the organization's underwriting risk appetite

Delegated Authority & Large Deal Oversight

• Review output from Delegated Underwriting Authority (DUA) and Account Reviews to ensure underwriting decisions are aligned with business objectives.
• Oversee and/or conduct annual Large Deal Referral analyses

Required Technical Skills:

• Underwriting portfolio and exposure analysis
• Delegated Underwriting Authority governance and review execution
• Advanced data analysis and modeling analytics
• Process design, Standards development, and documentation methods.

Education, Certification, & Designations:

• Bachelor's degree in finance, Business, Risk Management, or a related field (or equivalent experience)
• 7+ years of experience in underwriting, underwriting governance, risk management, or related insurance roles
• Demonstrated experience partnering cross-functionally and influencing outcomes without direct authority.
• Strong analytical, communication, and documentation skills.

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

In addition to the above insurance offerings, our employees also enjoy:

• A robust 401k plan with up to a 5% employer match
• A retirement savings plan that is 100% company funded
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
• Eligibility to receive a yearly bonus as a Munich Re employee
• A variety of health and wellness programs provided at no cost
• A hybrid environment that gives you a choice in where and how you get work done
• A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop
• An on-site complimentary workout facility as well as walking trails on campus grounds
• On-site wellness center complete with nurse practitioner
• Financial assistance for adoptions and infertility treatment
• Paid time off for eligible family care needs
• Tuition assistance and educational achievement bonuses
• Free parking
• A corporate matching gifts program that further enhances your charitable donation
• Paid time off to volunteer in your community

At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Applicants requiring employer sponsorship of a visa will not be considered for this position.

Level: 08

Hiring manager: Kerri Coburn

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