Director of Underwriting (Remote)
New Today
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