Underwriting Manager manages daily operations of the underwriting process. Provides credit decisions and recommendations for complex cases. Being an Underwriting Manager reviews plans and procedures regarding risk management, application and renewal, and acceptance and rejection. Requires a bachelor’s degree. Additionally, Underwriting Manager typically reports to a senior manager. The Underwriting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Underwriting Manager typically requires 5 years experience in the related area as an individual contributor. 1 – 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Underwriting Manager Job Description Template
Our company is looking for a Underwriting Manager to join our team.
- Raising underwriting issues to the Head of Underwriting;
- Act as expert at liability product line level, including general liability, employers liability and medical malpractice;
- Analysis of product line performance and implementation of underwriting controls;
- Ensuring that individual pipelines are handled and progressed in an efficient manner avoiding any delays in and responding to the Society’s customers.
- A strong understanding of P&L management;
- Various exposures to commercial underwriting, particularly within a Lloyds environment although this is not essential;
- Experience of managing a portfolio of business.