Regional Underwriting Manager - Parsippany
Overview:
Berkshire Hathaway GUARD Insurance Companies provide Property & Casualty insurance products and services through a nationwide network of independent agents/brokers. Our companies are all rated A+ “Superior” by AM Best (the leading independent insurance rating organization) and ultimately owned by Warren Buffett’s Berkshire Hathaway group – one of the financially strongest organizations in the world!Headquartered in Wilkes-Barre, PA, we employ over 1,000 individuals (and growing) and have offices across the country. Our vision is to be the leading small business insurance provider nationwide.
Founded upon an exceptional culture and led by a collaborative and inclusive management team, our company’s success is grounded in our core values: accountability, service, integrity, empowerment, and diversity. We are always in search of talented individuals to join our team and embark on an exciting career path!
BENEFITS
We are an equal opportunity employer that strives to maintain a work environment that is welcoming and enriching for all. You’ll be surprised by all we have to offer!- Competitive compensation
- Healthcare benefits package that begins on first day of employment
- 401K retirement plan with company match and profit sharing
- Generous paid vacation and sick time
- Hybrid work schedule (three days in the office, two days from home)
- Work/life balance schedule – no nights or weekends/closed for all major holidays
- Longevity awards (every 5 years of employment receive a generous monetary award to be used toward a vacation)
- Tuition reimbursement after six months of employment
- Numerous opportunities for continued training and career advancement
- And much more!
Responsibilities:
We are currently seeking a Regional Underwriting Manager to oversee an underwriting team for the Eastern region. This role will handle higher level referrals, communicate new directives to the team, and work with management on underwriting strategies for the region.
Key responsibilities include:
- Monitor submission and renewal volumes, team efficiencies, and service level metrics for the region.
- Review and assess workflow and staffing needs for the team, including coordination of training for both new hires and current underwriting staff.
- Assist with quality control audits.
- Along with Territory Managers, be the point of contact for higher level regional escalations and accommodations.
- Work closely with the Product team to address state-specific issues for new and existing lines of business.
- Assist Implementation team in ensuring Underwriting Policies and Procedures Manuals are current and accurate.
- Collaborate with Distribution management in the region with focus on territory production and profitability
- Travel to key relationships, moderate virtual agency meetings, and attend trade shows as needed.
We are looking to fill this position in either our Home Office Location in Wilkes-Barre, PA or our office in Parsippany, NJ, or Philadelphia, PA.
Qualifications:
- BA/BS degree required
- Prior Supervisory experience is preferred but will consider a combination of insurance experience and prior work history in lieu of supervisory experience.
- Technical insurance designations such as AU, API, CIC or CPCU designations preferred.
- Minimum of 5 years of underwriting experience.
- Advanced knowledge of property and casualty underwriting procedures, risk assessment, and practices.
- Familiarity with insurance policy language and forms.
- Solid understanding of data analytics.
- Proficiency in MS Word, Excel and PowerPoint.
- Strong time management, organizational, and prioritization skills with an ability to manage multiple projects.
- Excellent written and verbal communication abilities.
- Capable of collaborating effectively with individuals at all levels of the organization.
- Strong work ethic, independence, and dependability.
- Ability to develop and refine workflow processes.