Underwriting Product Manager-Inland Marine
Des Moines, IA 
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Posted 1 month ago
Job Description

At EMC, you'll put your skills to good use as an important member of our team. You can count on gaining valuable experience while contributing to the company's success. EMC strives to hire and retain the best people by engaging, developing and rewarding employees.

Provides strategic insight and direction for underwriting organization for Inland Marine. Leads, researches, and coordinates the ownership, execution, strategy, administration and development of the Inland Marine at an enterprise level. Acts as a strategic partner for branches and other corporate departments. Develops new product ideas, reviews existing and drafts new coverage language. Leads and coordinates marketing of designed products. Evaluates the cost and benefit of market opportunities and product initiatives and recommends actions based on evaluation, including identifying product improvements for complex products. Serves as an experienced and knowledgeable technical expert with high level of authority within Corporate Underwriting team for the branches and enterprise as a whole. Reviews and studies proposed changes in proprietary rules, rates, and forms for various lines of coverage. Influences strategies through effective and efficient communication of underwriting recommendations to both technical and non-technical audiences. For Inland Marine, provides strategy and direction for companywide strategic initiatives, working with Field and Corporate Underwriting leadership regarding short and long-term business decisions.

Essential Functions:

  • Maintains primary oversight of the profit and loss, and develops/maintains the business plan for Inland Marine
  • Serves as Inland Marine subject matter expert to provide strategic direction enterprise wide.
  • Develops line of business strategies and plans and ensures successful implementation enterprise wide.
  • Analyzes underwriting and loss results and determines underlying trends that impact results. Recommends actions to drive profitable growth.
  • Develops new product ideas, reviews existing products, and drafts new coverage language. Leads and coordinates marketing of designed products.
  • Provides analysis for state and countrywide rate reviews as well as to aid branch partners in efforts at profitability improvement and profitable production by providing recommendations and support to drive profitable growth.

Education & Experience:

  • Bachelor's degree, preferably in a business or insurance related field, or equivalent relevant experience
  • Prefer experience as front line Inland Marine underwriter
  • Ten years of experience with commercial property and casualty underwriting including at least three years of staff underwriting experience within specific line of business
  • Insurance certifications, such as CPCU, AU or CIC preferred

Knowledge, Skills & Abilities:

  • Exceptional, proven knowledge of countrywide underwriting techniques, terminology, policies, and forms
  • Exceptional underwriting judgment and decision-making skills
  • Excellent knowledge of key performance indicators (KPIs) and ways to improve them
  • Advanced written and verbal communication skills, including presentation skills
  • Ability to work effectively with others, as well as independently and possess demonstrated problem-solving abilities
  • Strong computer knowledge, Internet and keyboarding skills
  • Excellent ability to advise, partner, influence and effectively consult with diverse internal and external stakeholders, including senior leaders, executives, and project owners
  • Excellent ability to distill and communicate highly complex issues for technical and non-technical audiences
  • Excellent ability to translate technical ideas into more general terms for business customers
  • Occasional travel; a valid driver's license with an acceptable motor vehicle report per company standards required if driving

Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.

All of our locations are tobacco free including in company vehicles.

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Our employment practices are in accord with the laws which prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
10+ years
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