Underwriting Supervisor oversees activities of the underwriting department. Provides supervision for a group of underwriters who review, analyze, and inspect insurance risk. Being an Underwriting Supervisor analyzes various rate plans utilizing a company's claims history to determine the appropriate rate plan and benefits costs. Must be familiar with regulations at the federal, state and local level. Additionally, Underwriting Supervisor typically requires a bachelor's degree. Typically reports to a manager or head of a unit/department. Working team member that may validate or coordinate the work of others on a support team. Suggests improvements to process, is a knowledge resource for other team members. Has no authority for staff actions. Generally has a minimum of 2 years experience as an individual contributor. Thorough knowledge of the team processes. (Copyright 2024 Salary.com)
Essential Functions
• Manage workflow and workload for all lines of business.
• Manage activities of personnel including training, development, evaluations, promotions, time/attendance,
corrective action procedures.
• Resolve processing and billing issues as they arise.
• Handle special projects as assigned.
• Review new and existing policy files and troubleshoot when and where needed.
• Develop and maintain processing procedures.
• Provide quality assurance for policy systems.
• Enterprise Risk Management (ERM) risk ownership responsibilities to be conducted as assigned.
Additional Responsibilities
• Attend various meetings, conferences and training sessions as requested.
• Ability to travel, including some overnight is required.
• Other duties and responsibilities as assigned.
• Regular and predictable attendance is required.