Underwriting Manager, Financial Institutions

Company: Argo Group
Location: New York
Posted on: May 16, 2022

Job Description:

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 hybrid 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 Pro is our U.S. professional lines platform, providing a wide-ranging portfolio of errors and omissions and management liability products through appointed retail and wholesale brokers.Our experienced underwriting team is dedicated to providing effective solutions for all types of companies. Outside the United States, we are committed to the professional lines segment in Bermuda, London, Malta, Dubai and S--o Paulo, where professional lines are at the core of our operations. This gives us an overall broader perspective on the risks faced in an increasingly global marketplace.Argo Pro U.S. has a challenging opportunity for an Underwriting Manager to join the Financial Institutions team based in New York City, NY. The Underwriting Manager will actively participate in the production underwriting, marketing and processing of diversified financial institution management liability lines of business.Primary responsibilities are:
  • Actively participate in the achievement of monthly and annual profitability and production goals and objectives for the diversified financial institution 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. Products include D&O, EPL, Fiduciary, E&O and Financial Fidelity on both a primary and excess basis. 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:
    • Five to eight years underwriting experience in financial institution underwriting of management or professional lines
    • 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.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. (NYSE: ARGO) is a global multiline underwriter of specialty insurance and reinsurance products in the property and casualty market. We help power the businesses that drive the world economy, offering a comprehensive line of high-quality products and services designed to meet the unique coverage and claims-handling needs of our clients. We foster an inclusive culture that embraces diversity and design thinking, relies on innovation and agility, promotes collaborative service delivery, offers frequent, integrated communication and values authentic recognition of excellence. View our 2022 Environmental, Social & Governance Report to learn more about Argo.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.Our BenefitsDeveloping 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, holiday and summer 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 retirement savings, matching 401K (US-based employees), generous paid time off (PTO), paid caregiver and parental leave, employee assistance program (EAP), an employee stock purchase plan (ESPP) offering a 15% discount, 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 in addition to matching charitable gifts by 100%.
        
      • A generous Employee Referral program that has resulted in 25% of all new hires this year.

Keywords: Argo Group, New York , Underwriting Manager, Financial Institutions, Accounting, Auditing , New York, New York