What are the responsibilities and job description for the Client Underwriting Manager - Affinity Solutions position at Securian Financial Group?
Affinity Solutions has aggressive growth and margin expansion goals and this position will play a key role in both these goals. The position will lead the Affinity Solutions Client Underwriting team in providing financial quotes for all lines of business within Affinity - this would include Credit Protection, Direct Response, Specialty P / C and Securian Specialty Lines for affinity groups, including financial institutions, associations and distributors.
This position requires an understanding of underwriting principles, strong analytical skills, the ability to manage a team of underwriters and the ability to communicate effectively with internal and external stakeholders.
Responsibilities :
- Evaluation of risk and financial returns is critical to Affinity's success across its varied lines of business and will require working collaboratively with other teams within Affinity to ensure underwriting decisions align with Affinity's risk tolerance and ROE / margin targets while also growing the business. This can include the assessment of financial condition of clients, distributors and reinsurers.
- Accountable for overall CFEM (profitability measure) targets. Identify trends and recommend and implement case management actions.
- The Client Underwriting Manager ensures that all quotes and financial arrangements comply with legal and regulatory standards while also striving to appropriately balance sales and earnings targets.
- Complete quotes and financial proposals (new and renewal) in accordance with pricing / underwriting guidelines and service standards.
- Complete regular performance reviews and feedback, fostering a collaborative and productive work environment and bringing forward professional development opportunities for the team.
- Oversee the preparation and accuracy of non-reinsurance contingent compensation calculations and accruals.
- Oversee the preparation and accuracy of timely financial reporting to state insurance departments of our insurance lines of business. (CIEEs, deviation filings, illustrative reporting requirements (routine and on demand))
- Oversee and participate in quarterly business reviews with clients and distributors.
- Participate as needed in the client proposal delivery, including traveling to large finalist presentations
Qualifications / Skills :
Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. This position requires being within a commutable distance (90 minutes) of our Home Office in St. Paul, MN . You'll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules. #LI-Hybrid #PIQ
The estimated base pay range for this job is :
111,000.00 - $207,000.00
Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a with a member of the Securian Financial Talent Acquisition team.
Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job - it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here :
Paid time off :
Company-funded pension plan and a 401(k) retirement plan : Share in the success of our company. Securian's 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.
Health insurance : From the first day of employment, associates and their eligible family members - including spouses, domestic partners and children - are eligible for medical, dental and vision coverage.
Volunteer time : We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.
Associate Resource Groups : Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including :
Salary : $111,000 - $207,000
