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Underwriter Manager NYSIR

Brown & Brown Insurance
Garden City, United Statesfull_timeVerifiedPosted 6 Aug 2024
💰 $180,000/yr($165,000/yr$180,000/yr)

About the role

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is seeking a Underwriter Manager NYSIR for our team in Garden City, New York.

Wright Public Entity serves as a management company providing claims administration, risk management & loss control, underwriting & marketing, and client services in New York for the NY Schools Insurance Reciprocal, NY Municipal Insurance Reciprocal and Statewide Schools Health Plan. We also act as a TPA for Workers Compensation for various self-insured schools & municipalities in New York.

The Underwriting Manager position will be responsible for managing the Underwriting operations and Underwriting staff of what is currently a one hundred forty-million-dollar, seven lines of business, A.M Best rated insurance company.

WHAT YOU’LL DO:

  • Monitors market for new coverage forms and policy types that may be offered.
  • Analyzes loss trends to see if current coverage(s) needs to be modified.
  • Is responsible for Company insurance related communications to Subscribers, Brokers, NYSIR Marketing Department, NYSIR Executive Director and the NYSIR Board.
  • Responsible for the underwriting manual, rate and form filings and reinsurance contracts.
  • Maintain and enhance service partner relationships with reinsurance intermediaries and reinsurance companies. Manages the commercial crime, pollution liability and other non-NYSIR insurances placed outside the program. Performs file audits and engages Compliance Director to ensure work is being performed in a consistent and correct manner.
  • Leads regulatory, reinsurer and financial audits.
  • Writes new policy forms and policy form changes as needed.
  • Prepares and submits through the SERFF system NYSDFS rate and form filings and follows through to resolution.
  • Facilitates reinsurance placement.
  • Compiles and prepares all data for reinsurance submissions.
  • Compiles data for actuaries for annual rate study as well as at other times upon request.
  • Answers coverage questions from Subscribers, Producers, and others.
  • Prepares and presents quarterly Company updates for the NYSIR Board of Governors Operations Committee.

WHAT YOU’LL NEED:

  • Strong core CGL, Property and Commercial Auto insurance Policy Knowledge.
  • Proficient in all Microsoft Suite Business tools.
  • P&C brokers license required
  • Public Entity Experience a plus.
  • CPCU Designation a plus.
  • Bachelor’s degree.
  • Valid driver’s license.
  • Occasional travel.

WHAT WE OFFER:

  • Excellent growth and advancement opportunities

  • Competitive pay based on experience
  • Discretionary Time Off (DTO)
  • Generous benefits package: health, dental, vision, 401(k), etc.
  • Employee Stock Purchase Plan
  • Ability to work hybrid (at least 3 days in office).

  • Salary Range: $165,000 - $180,000 depending on experience

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.

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Company

Brown & Brown Insurance

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