Underwriting Manager

NAMIC Insurance Company (NAMICO), NAMIC’s in-house professional liability insurance company, has a new opportunity for an Underwriting Manager at our Indianapolis location. Reporting to the VP – Underwriting & Chief Underwriting Officer, this full-time position will Manage and coordinate underwriting and policy issuance activities.

Essential functions of the position include:

• Assists with the development, design, implementation and administration of the underwriting programs, policies, guidelines and practices.
• Communicates directly with the Company’s business partners and is a principal contact for underwriting department issues.
• Provides technical assistance and reviews complex risks and programs to ensure compliance, consistency, and profitability.
• Reviews and approves, modifies, or declines complex and/or unusual risks that have been referred by underwriters. Involves the VP – Underwriting & Chief Underwriting Officer where appropriate.
• Assist in the analysis and organization of department operations and procedures. Evaluates department metrics and continually seeks to improve workflow efficiency.
• Negotiates facultative reinsurance agreements and assigns facultative underwriting and binding authority.
• Works with Compliance/Product Development Department on endorsement and policy development, including rate and form filings with all applicable regulatory agencies.
• Assists with providing periodic reports to the Company’s board of directors by accurately portraying the underwriting department’s activities and status.
• Participates with other senior managers in the development of Company strategy and supervises or personally completes special projects and reports as required.
• Ensures the department’s employees pursue continuing education and training and is personally available to department personnel for questions and problem resolution.
• Conducts performance reviews of department staff, communicates job expectations and provides coaching, guidance and evaluation of individual performance.

Qualifications include:

• Minimum of B.S. or B.A. degree or equivalent business experience required.
• Strong background in directors & officers liability and/or professional liability is highly desirable.
• Indiana resident insurance agent licenses in property/casualty (including surplus lines license) or the ability to acquire these in an expedient manner.  Licensing in other states is also required.
• Prior Supervisory experience.
• Excess & surplus lines, and financial institutions experience desirable.
• Ability to travel 5-10% of the time which may involve overnight or weekend travel.
• Ability to successfully pass a criminal background check and MVR.

NAMIC/NAMICO is proud to have been selected as one of the Best Places to Work in Indiana! We offer an excellent compensation and benefits package with this full-time position. Benefits include access to group medical, dental and vision; a matched 401(k) plan; one paid day each year to volunteer with the charity of your choice; generous paid vacation; and more! We have a friendly yet professional work atmosphere where everyone enjoys working hard for the good of our members. 

NAMIC/NAMICO is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender identity, sexual orientation, age, marital status, veteran status, disability status, or any other legally protected status.