Lead Senior Underwriter

Lead Senior Underwriter

This is an advanced level underwriting position. The Lead Senior Underwriter is responsible for assessing the exposures and recommending appropriate Credit Union Protection insurance products as well as identifying loss prevention solutions for our largest and most complex credit unions and related organizations in a highly competitive environment. This position will also be accountable for driving internal Customer Development Process participation, and collaborating with the field, claims, brokerage and loss prevention to bring all appropriate CMG services and products to the assigned accounts.

Job Responsibilities:

Evaluation of credit union and related organizations exposure s for all lines of insurance. Assess the potential for insured loss by evaluating their strategic and tactical plans, operations, policies, procedures, regulatory examinations, financial conditions, loss histories, renewal questionnaires, risk management reports and discussions with credit union staff at the highest levels.

The Lead Senior Underwriter will consult with the Team Leader and other CUP staff on complex or precedent setting exposure or coverage issues. The Lead Senior Underwriter will evaluate and decide which coverage and deductibles are appropriate for the risk and will work with field representation to communicate those policy provisions to the credit union and related organizations.

The Lead Senior Underwriter will underwrite insurance coverage in compliance with our policy and procedures. The Lead Senior Underwriter will collaborate closely with the Field, Risk Management, Claims Staff, and Product Specialists in building the relationships with these credit unions. Proactively engage the credit union and provide loss consultation.

Based on underwriting experience and levels of authority, the Lead Senior Underwriter will apply underwriting knowledge, judgment and appropriate underwriting philosophy. The key focus of this position is to ensure that all exposures have been identified, appropriate risk solutions have been implemented, either coverage or loss prevention-related, and that proper pricing has occurred.

Provide Technical underwriting guidance to members of underwriting team, including approving accounts that are outside the authority of underwriters.

Develop and maintain team relationships between field distribution and the Business Protection area. Work to resolve problems (pricing/coverage/claims) as presented by the Field. Develop background on the concerns as presented and make decisions to reach resolution to the satisfaction of the credit unions as well as in the best interest of our Division and Mutual Group.

Develop and maintain effective working relationships between our Mutual Group's Agency Brokerage Unit and its external Brokerage partner(s). Collaboratively work with the field distribution staff, Agency Brokerage unit, and external Brokerage partner(s) to deliver a comprehensive insurance solution to the customer that may include excess and reinsurance placements, a surplus lines approach, or any combination thereof.

Travel to assigned accounts as part of the account team to include mid-year executive reviews, renewal presentations and on site risk management analyses. Participate in field planning meetings and attend meetings held by the field with assigned accounts. Conduct seminars and presentations on insurance coverage, loss control, and other Mutual programs to credit unions, credit union related organizations, and other departments within Mutual Group.

Bring the underwriter's perspective to projects and teams for the benefit of CMG and customers.

Job Requirements:

1. Bachelor's Degree in Insurance, Business or equivalent trade off in related professional work experience. Advance degree is desirable.

2. Professional designation such as CPCU, AFSB, UND.

3. Extensive understanding of fidelity, property and casualty insurance and credit union internal operations. This could be expertise related to the underwriting or marketing of the division's coverages, adjudication of the division's claims, technical expertise about credit union operations and the financial analysis of credit unions. Must have an understanding of theory and principles related to commercial property and casualty insurance.

4. Expert level knowledge regarding credit union operations and their influence on exposure to insured losses. Minimum of 7 -10 years of progressively responsible experience is required, preferably with field experience.

5. Demonstrated excellent organizational, analytical, planning, interpersonal, creative problem solving skills, presentation and project management skills,

6. Willingness to travel 25% of time in multi-state Marketing Division.

The ideal candidate has worked for these companies:

financial services/ insurance industry