STATE UNDERWRITING MANAGER

This is a Management Service position, and serves at the pleasure of the Appointing Authority.

 

The Insurance Division is responsible for administering the State’s Insurance Program.  The Division is made up of four units: 

Claims, Underwriting, Loss Management and Litigation. The Division's goal is to provide statewide risk management through loss restoration (Claims), loss protection (Underwriting), loss management (Loss Control/Prevention), and loss resolution (Litigation).

 

The Underwriting Unit manages the insurance needs of the State with self-insurance and through the procurement of commercial insurance. Commercial insurance protects the State Insurance Trust Fund from catastrophic losses and fulfills certain statutory requirements and agency contractual agreements. The Unit analyzes commercial coverage offerings, prices, limits and deductibles and then recommends to the Treasurer the combination that best protects the State of Maryland's assets.  As part of its mission to manage the State's insurance needs, the Underwriting Unit conducts an annual insurance survey to gather data on State exposures. The collected data is used to purchase commercial insurance policies and as a component for setting self-insurance premiums.

19 (Salary Guidelines apply for current State employees)

Annapolis, MD

The Underwriting Manager is responsible for the unique State insurance program which includes self-insurance and commercial insurance in support of the Treasurer's duties under Title 9 of the State Finance and Procurement Article. Using an essential combination of public sector (State) self-insurance experience and private sector commercial insurance experience, the Underwriting Manager is the sole position in the State able to negotiate all commercial insurance coverages purchased by the State Treasurer, in order to satisfy statutory, regulatory, trust agreements, and contractual insurance requirements. These tasks both protect State-wide assets and the State Insurance Trust Fund from catastrophic loss. The Underwriting Manager formulates recommendations to the Deputy Director, Director of Insurance and Chief Deputy Treasurer in an executive summary if gaps in coverages are detected or foreseen, and develops commercial insurance coverages for unique State liability exposures which include airport and port liability, medical professional liability for university students/interns, railroad liability, and aviation liability, among others.  This position is responsible for the supervision of one underwriter.

(Not all-inclusive)

• Assesses need for and manages all commercial insurance policies purchased by the State Treasurer in order to satisfy statutory, regulatory, trust agreements, and contractual insurance requirements
• Acts as sole negotiator for State on new and renewal commercial insurance policies with our insurance brokers
• Analyzes commercial loss runs to identify trends, causes of loss, location of loss, number of employees, etc., and communicates findings to State's brokers, carriers and State agencies
• Manages broker selection contracts including providing information for PAAR, MBE, SBR and GAD reports
• Compiles and manages the only property schedule database of owned properties and leased locations for the State
• Calculates and allocates State agency self-insurance premiums for fine art, bond, and hull for budget process.  Calculates blanket commercial insurance premiums and allocates a portion to each State agency
• Participates in the procurement process for broker services
• Acts as sole liaison for advice, training, and recommendations for complex Statewide agency questions and issues related to all self-insurance and commercial insurance coverages

Please read the job announcement in its entirety before applying for this recruitment. Applicants must meet all minimum (and selective) qualifications to be considered, and to appear on the list of people eligible for hire.

MINIMUM QUALIFICATIONS: 

Education: A Bachelor's degree from an accredited college or university.

 

Experience:  Five years of experience in underwriting property, casualty and/or commercial lines.  One year experience supervising in the insurance industry. 

PREFERRED QUALIFICATIONS:

The ideal candidate should be able to demonstrate integrity and solid problem solving skills, leadership and enthusiasm, and his/her ability to establish trust and credibility.  Strong interpersonal skills are a must, in order to represent the State and deal courteously and effectively with State personnel and outside contacts in carrying out the varied liaison and account servicing functions of the job.  Additional consideration will be given to candidates who also possess the following:

·        Bachelor’s degree in insurance, business, or other related discipline/field

·        AU, CPCU, ARM, ARMP or other underwriting designations

·        Large Commercial account underwriting experience

·        Working knowledge of public entity procurement processes

·        Proficiency with Microsoft Word, Excel and Outlook.

·        Demonstrated ability to tactfully collaborate and build productive business relationships

Applicants will be subject to a background investigation to include credit and criminal history.

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment.  All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year.

Exempt by Executive Order

STATE OF MARYLAND BENEFITS

Job opportunities within the Maryland State Treasurer’s Office are accessible through JobAps, the Statewide Recruitment, Examination and Applicant Tracking System.  By using the Department filter and highlighting “Office of the Treasurer”, you can view all active recruitments within our agency.  First time users can register for an account by selecting a position to apply for, choosing “I am a new user” at the bottom, then keying in the necessary fields. 

Visit www.jobaps.com/md to apply. Resumes may also be submitted to hr@treasurer.state.md.us.

General Questions for this recruitment can be directed to the STO Personnel Office at 410-260-7078.  

If you do not have access to the Internet and need to fill out a paper application, please forward to:  Maryland State Treasurer’s Office, 80 Calvert Street, Room 109, Annapolis, Maryland  21401, Attn:  Human Resources or  FAX:  410-260-4090.

As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity. People with disabilities and bilingual candidates are encouraged to apply. We thank our Veterans for their service to our country and encourage them to apply as well.