Underwriting Manager, Financial Institutions

Posted 8 Days Ago
Be an Early Applicant
New York, NY
145K-200K Annually
7+ Years Experience
Insurance
The Role
The Underwriting Manager will actively participate in production underwriting, marketing, and processing of financial institutions liability lines of business. Responsibilities include staff management, maintaining profitability goals, underwriting new business, maintaining broker relationships, and staying informed about market trends.
Summary Generated by Built In

Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We’re an innovative organization that’s small enough to be agile and big enough to make a difference in our industry.  

Our flexible workplace is continuously evolving to ensure all employees feel: 

  • Comfortable bringing their whole selves to work. 
  • Confident that they will be treated respectfully. 
  • Recognized for their performance and provided with equal opportunities to succeed. 

At Argo, skill meets opportunity. If you’re wired to raise your hand and ask, “Where can I help?”, you’ll thrive with us. 

Argo Group US currently has a challenging opportunity for an Underwriting Manager supporting our Financial Institutions Management Liability group. The primary purpose of this position is to actively participate in the production underwriting, marketing and processing of financial institutions liability lines of business. Responsibilities may also include staff management and development. This is a hybrid role in our New York office.  

Primary responsibilities are:

  • Actively participate in the achievement of monthly and annual profitability and production goals and objectives for the public company management liability group.  Be a key contributor and help build and selectively manage portfolio’s overall GWP, LR and CR objectives.
  • Underwrite and analyze new business and renewal submissions.  Areas of focus include Investment Advisers, Mutual Funds, Insurance Companies, Private Equity and REITS.
  • Ensure our marketing initiatives are achieved and that consistent communication of our products and services are provided to our retail and wholesale brokers. 
  • Further develop existing broker relations as well as establish new relationships in targeted territories to attract business opportunities.
  • Provide reports (daily, weekly, monthly) and status updates, as required by the Regional Manager and head of Argo Pro.
  • Actively participate in client and broker meetings, as required.
  • Ensure fully aware and informed of the evolving economic and insurance marketplace to ensure understand underwriting trends, legal developments and concerns.
  • Assist in the attraction, hiring and retention of quality underwriting.
  • Ensure professional development of underwriting team including continued growth in underwriting knowledge and skills as well as professional behavior
  • Participate in special projects and assignments as requested.

Experience requirements are:

  • Bachelor’s Degree from an accredited university and 8+ years underwriting experience with authority in financial institution underwriting of management or professional lines and/or equivalent combination of education and experience
  • Demonstrated robust and productive relationships with professional liability specialist brokers in the Central U.S., marketplace.
  • Strong computer skills.  Proficient in Powerpoint, Excel, Outlook, and Word.
  • Experience with Imageright also beneficial.
  • Excellent organization skills, very strong analytical, oral and written communication skills required.
  • The ability to meet tight deadlines is essential.
  • Strong customer service with a professional attitude and approach needed.
  • Ability to interact and communicate with various levels of the organization to cross sell or address processing requirements.
  • Ability to work independently with guidance and procedures provided as well collaborate with a team.

The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.

New York City Pay Range:

$145,100$199,500 USD

PLEASE NOTE:  At this time, Argo Group will not sponsor an applicant for employment authorization for this position.

If you have a disability under the Americans with Disabilities Act or a similar law and you wish to discuss potential accommodations related to applying for employment at Argo Group, please contact our Benefits Department at 210-321-8400. 

To all recruitment agencies:  Unless you have been requested to work on this position, or other positions with Argo Group, please do not forward any resumes to Argo Group employees.   Argo Group is not responsible for any fees related to unsolicited resumes.

Argo Group International Holdings, Ltd. is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. The company is a wholly owned subsidiary of Brookfield Reinsurance Ltd. Argo and its insurance subsidiaries are rated ‛A-’ by Standard and Poor’s. Argo’s insurance subsidiaries are rated ‛A-’ by A.M. Best. More information about Argo is available at www.argogroup.com.

We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics. 

The collection of your personal information is subject to our HR Privacy Notice

Our Benefits

Developing our employees professionally and personally strengthens our organization.
Argo Group offers an attractive Total Rewards package that includes:

  • A culture that recognizes performance and empowers employees to excel, offering competitive compensation and merit driven profit sharing.
  • Flexible workplace policies that support employee well-being include compressed hours, flex-time, job-sharing, remote work, sabbatical leave, and holiday hours.
  • Comprehensive health, wellness, and financial planning options that employees can tailor to meet their personal and family needs.  In addition to traditional health and wellness plans, benefits include dental, disability, life insurance, medical, and vision insurance, matching 401(k) retirement savings, generous paid time off (21 days of PTO, 11 paid company holidays, 3 floating holidays and a paid voluntary day), paid caregiver and parental leave, paid bereavement, jury duty/court appearances, and military (up to 14 days) leave, employee assistance program (EAP), and an array of voluntary benefits.  
  • Argo Academy, a digital and instructor-led platform that offers continuous learning and professional development – Training magazine lists Argo among the Training "Top 125" Companies.   Argo encourages career mobility and continuing education to pursue and maintain professional and industry designations, in addition to traditional university and higher education programs.
  • An inclusive culture that develops and sponsors diverse teams, encourages cross-functional engagement and collaboration, builds community through employee resource groups (ERGs), and provides an environment that welcomes ongoing dialogue, creative innovation, professional and personal development.
  • Active community outreach and volunteer programs.
  • A generous Employee Referral program that results in approximately 25% of all new hires annually.
The Company
Houston, Texas
1,296 Employees
Remote Workplace
Year Founded: 1948

What We Do

Argo Group is a U.S.-focused underwriter of specialty insurance products in the property and casualty market. We offer a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses.

Since 1957, we share a firm commitment to working together with independent agents, wholesale brokers and retail brokerage partners to deliver innovative products for niche markets. Headquartered in Bermuda, we’re a diverse company with multiple offices in the United States, United Kingdom, Brazil and United Arab Emirates.

Our belief that the company’s success is linked to our employees drives our commitment to creating an environment and culture of respect where everyone can thrive. We value helping the communities around us, growing alongside our employees through innovation and creating a workplace with work-life balance.

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