What are the responsibilities and job description for the Underwriting Manager position at Cabot Risk Strategies Llc?
Underwriting Supervisor
Cabot Risk Strategies, LLC is a dynamic and highly experienced team of insurance professionals dedicated to delivering quality services to our clients. Our goal is to help our clients effectively manage risk through insured solutions. As a full-service insurance brokerage and consulting firm, we provide our clients a leading property, liability and employee benefits practice delivering best-in-class solutions and services. Based in Woburn, MA, Cabot Risk Strategies is easily accessed off of 93 and 128 and employs 100 people. Please visit our web site at: https://www.cabotrisk.com
Purpose and Description
Responsible for development and administration of all phases of MIIA Underwriting. Completion of personnel evaluation reviews, training and overall monitoring of daily workflow. Provides specific day-to-day direction, supervision and support to the department units.
Essential Job Functions
- Support Cabot’s overall goals relating to growth and profitability.
- Coordinating new Property and Casualty New Submissions and Client Renewal Bids.
- Manage and train underwriting staff.
- Data quality control for the Underwriting Department.
- Assisting with the maintenance of the Policy Management System.
- Assisting with the underwriting data capture projects within the Policy Management System.
- Process Endorsements.
- Complete Month-End Endorsement Invoicing.
- Running and sending month end endorsement reports.
- Rating & Processing New Business & Renewals.
- Quote Coverage Changes.
- Prepare & Process Valuations.
- Premium Breakdowns.
- Assist in Preparing Client Contracts
- Special Projects as Assigned
Minimum Requirements
The following are required to enable the employee to perform the essential functions of the job.
- Skills/knowledge – Excellent communication and negotiating skills required. Superior business judgment and analytical and problem-solving ability needed. Strong organizational skills necessary. Proficient in Windows Programs, Outlook, Word, Excel and Agency Management Systems.
- Experience/education – Four years of insurance company experience or equivalent required. Three of these years should be the management or supervision of an underwriting team. College degree or comparable work experience required. Professional designation and achievement of related insurance industry or management courses desired.
Cabot Risk Strategies, LLC is an Equal Opportunity Employer.
Salary : $70,000 - $100,000