Director of Underwriting (Remote)

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Job Description

Job Description
Salary: $205,000-$210,000

POSITION SUMMARY

The Director of Underwriting manages senior-level underwriting staff and is responsible for planning, organizing, and managing the day-to-day functions in underwriting. The Director also establishes policies and standards, provides guidance and support for staff development, and makes recommendations for underwriting and operational improvements.


PRINCIPAL DUTIES & RESPONSIBILITIES

  • Manage and oversee the companys Underwriting function.
  • Act as key decision maker for all underwriting-related matters.
  • Provide guidance and leadership to the Underwriting management team.
  • Manage hiring, training, counseling, termination, and performance appraisals of underwriting personnel.
  • Manage the development and implementation of new procedures and features to enhance the department's workflow.
  • Monitor the aging and prioritization of the underwriting workload to maintain agreed-upon service levels.
  • Maintain the underwriting audit schedule and coordinate with teams for their review and completion.
  • Regularly complete analyses of staffing required to process underwriting workload and maintain proper service levels.
  • Manage inspection vendor performance and relationships.
  • Coordinate with the Product team to integrate changes in policies, coverage, or other underwriting rules.
  • Review claims referrals for coverage issues and substandard conditions.
  • Ensure underwriting decisions are compliant with the Associations Plan of Operations and underwriting rules.
  • Perform other duties as assigned by the Vice President of Product & Underwriting.
  • Adhere to federal and state laws and regulations.
  • Oversee the general operations for Underwriting to maintain adherence to all standards and processes.
  • Plan, organize, and control the general workflow of the underwriting teams.
  • Assist in annual budget preparation and analysis.
  • Develop, review, and adjust the annual department plan on a quarterly basis to ensure alignment with current objectives and ongoing needs.
  • Collaborate with management on interdepartmental issues to ensure operational efficiency.

EDUCATION & EXPERIENCE

  • College degree preferred.
  • 10+ years of insurance underwriting or equivalent experience.
  • 5+ years of experience managing underwriting personnel.
  • Cross-functional insurance experience preferred.
  • Strong verbal and written communication skills.
  • Demonstrated project experience.
  • Attention to detail and accuracy.
  • Proven decision-making skills with minimal direction.
Location:
Los Angeles
Job Type:
FullTime
Category:
Finance And Insurance

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