Senior Underwriting Manager - Surety

Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.

Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It's our promise to you.

At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups.

Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.

We currently have an opportunity for a Senior Underwriting Manager to join our Surety team based remotely in Texas. This position manages all components of development, growth and profitability for a book of business in an assigned territory or region and is accountable for the effective underwriting, pricing, development and retention of profitable business through managing all components of profit, loss and expenses within a region.

Some of the Senior Underwriting Manager responsibilities include but are not limited to:

• Responsible for financial performance of Specialty insurance products in assigned territory or region including: accident year loss ratio, premium plans (including new business, retention, and rate/exposure increases), and commission targets.
• Manages underwriting quality and book management which includes: executing underwriting strategy (including portfolio management), and self-auditing new and renewal business (eligibility, class fit, price to exposure, use of pricing tools, deductibles, insurance to value, analysis of losses, and well documented approvals of underwriting edits). Identifies and analyzes book trends, and manages catastrophe plans. Maintains a strong professional knowledge of competitive, regulatory and legal environments and applies this information effectively.
• Acts as primary underwriting referral resource for assigned discipline within the region. Along with underwriters, examines, identifies and evaluates exposures by analyzing underwriter file and documentation. Makes underwriting decisions to accept, decline or modify risks within discipline and assigned underwriting authority levels. Demonstrates a strong understanding of exposures and key coverage issues. Manages and implements underwriting decisions in compliance with state laws.
• Ensures compliance with underwriting standards and authorities. Monitors regional results and develops actions as needed. Performs audits for adherence to company policies and legal requirements.
• Provides strategic and tactical input to other members of their regarding products or line of business. May assist with the creation of pertinent underwriting guidelines, product and system modifications, and coverage forms. May be recognized within the region as the subject matter expert for a particular segment or line of business.
• Participates in producer presentation meetings, including travel to key producers and participation in agency planning with other staff. Communicates and ensures achievement of service standards.
• Manages technical development of staff within the business and may directly manage Underwriters and/or Underwriting Associate(s). This includes: goal setting, skill assessment, staff selection/role…