Director of Manufacturing Underwriting

Central Mutual Insurance Co - Waltham, MA

Full-time - Senior

Hybrid - Waltham, MA

251-500 employees

Insurance Carriers and Related Activities

About the position

The Director of Manufacturing Underwriting at Central Mutual Insurance Company is responsible for leading the Manufacturing Underwriting Specialization and shaping its strategic direction. This role involves developing and executing plans aligned with corporate objectives, collaborating with regional and cross-functional teams, and driving innovation in underwriting practices. The director will also focus on enhancing underwriting expertise, refining pricing and coverage strategies, and creating resources to support underwriters in the competitive market.

Responsibilities

• Lead the Manufacturing Underwriting Specialization and coordinate expertise in Loss Control and Claims.
• Develop short and long-range operational and strategic plans to ensure consistency with corporate strategy.
• Collaborate with leaders in regional offices, marketing, claims, and finance for successful product placement.
• Advance underwriting expertise through tailored risk selection and coverage application across all lines of business.
• Research and develop selection, pricing, and coverage for targeted Manufacturing Classes.
• Compare offerings against market competition for coverage, terms, and pricing methodology.
• Develop and refine pricing tools to assist Manufacturing Underwriters.
• Identify and assist in activating Broker/Agency Manufacturing Practice Groups.
• Develop and maintain underwriting guidance for products and associated classes.
• Coordinate compliance with individual state underwriting rules and regulations.

Requirements

• Master's degree in a related field and 6 years of related experience including 2 years of management experience.
• Bachelor's degree in a related field and 8 years of related experience including 2 years of management experience.
• 10 years of related experience including 2 years of management experience.
• Strong leadership skills, including coaching, team-building, and conflict resolution.
• Advanced project management skills including time and risk management, resource prioritization, and project structuring.
• Strong analytical and problem-solving skills.
• Strong verbal and written communication skills, including negotiation, presentation, and influence skills.
• Advanced business acumen and technical knowledge.

Nice-to-haves

• Good understanding of Central Insurance's policies and processes.