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Private Client Select · 1 week ago

Regional Underwriting Manager

San Diego, CA

Full-time

Hybrid

Senior Level

5+ years exp

Private Client Select Insurance Services, LLC (PCS) is one of the largest high net worth managing general underwriters in the market today, focusing on families with $5m or more in assets. The Regional Underwriting Manager will ensure execution of underwriting strategies and be accountable for the profitability of the business for their assigned territory, managing and mentoring underwriting staff while driving a culture of underwriting excellence.

Auto InsuranceFinancial ServicesInsuranceProperty InsuranceRisk Management

Hiring Manager

Stephanie Garcia, MBA, PHR

Responsibilities

Manage & mentor underwriting staff responsible for a portfolio of US home and auto Private Client Group business in given territory

Leads a culture of underwriting excellence. Instill a culture of accountability by setting clear expectations, measuring results, rewarding the right behavior and addressing consequences. Develop and maintain a performance management culture by setting standards and measures for the selection, hiring assessment and development of talent

Contributes to the ongoing execution of Private Client’s strategy to deliver growth, profitability, operating targets and maximization of shareholder value

Balance and enhance local broker relationships, leveraging the strength of Private Client Group

Ensure execution of short and intermediate term strategies within the assigned region that are aligned with long-term goals through adaptation, innovation, and risk selection to maximize ROE, improve profit and maintain market leadership

Handle referrals within stated authority

Ensures that appropriate underwriting guardrails are in place for the business

Drive consistent underwriting best practices and guidelines across the region to ensure rating, pricing and structuring adequacy of the business

Plan, manage, and evaluate work of underwriters; make decisions regarding employee pay, performance management, development, employment, and staffing levels

Ensure collaboration across the organization to maximize, deliver, and consistently harness the PCG value proposition to the marketplace

Assist with audits, quality reviews, and peer reviews, including implementation of action steps to improve underwriting results and implement governance strategies

Drive a culture that promotes collaboration, innovation, diversity and inclusion; successfully conduct talent acquisition, employee engagement and performance monitoring/evaluation work; lead through example

Qualification

High-Net-Worth Personal InsuranceStaff ManagementTechnical UnderwritingE&S LicenseAnalytical SkillsRegulatory ComplianceChange ManagementBudgeting SkillsPortfolio ManagementCollaboration SkillsCommunication SkillsProblem Solving

Required

Minimum of 5 years of staff management

Minimum 5 years of High-Net-Worth Personal Insurance experience

Advanced knowledge of personal insurance products, including product features, forms, regulatory environment, and risks

E&S license required (or ability to obtain within 90 days of hire)

Strong ability to identify, analyze and solve problems as well as the ability to learn rapidly, adapt quickly to change, exercise influence, and manage and prioritize multiple concurrent projects

Ability to exercise judgment, negotiate and make sound business decisions effectively

Understand regulatory and compliance processes

Must be able to forecast and budget accurately

Broad insurance industry experience

Analytical and quantitative skills

Knowledge of market segmentation, portfolio management, acquisition and distribution

Process and system skills

Technical underwriting experience with a broad view

Experience with Actuarial data and underwriting modeling techniques