What does the Home Office Underwriting Department do?
Admiral’s Home Office Underwriting (HOU) team is responsible for a broad range of functions that are critical to the profitable and efficient operations of Admiral’s business. Their main function is to integrate both Home Office Casualty and Professional Liability with Product Management and Development to provide support and guidance in a collaborative manner across the organization. This approach enables the team to deliver innovative solutions to our customers.
Join Admiral’s Home Office Underwriting department and be a part of a dynamic team driving innovation in the E&S market!
Ensuring Stability through Reinsurance and Audits
The HOU team implements thorough assessments to ensure Admiral is compliant with industry regulations and aligned with best practices. They do this by negotiating reinsurance arrangements in order to protect the company from substantial financial losses and, therefore, ensure a balanced risk portfolio. In addition, they conduct audits and reviews of underwriting practices to maintain high standards and accuracy.
This strategic approach not only mitigates potential volatility but also enhances the overall stability of Admiral’s operations.
Enhancing Underwriting through Risk Management and Data-Driven Insights
The HOU team plays a crucial role in supporting the Underwriting department by effectively managing high-hazard account referrals. This involves an analysis of data to identify trends that inform underwriting’s decision-making. The team is also responsible for creating and updating underwriting guidelines and policies to ensure consistency and compliance across all operations.
To enable underwriting to make informed and effective decisions, the HOU team develops applications designed to collect all necessary data points needed for those decisions.
Additionally, the team regularly publishes white papers that address emerging issues within the industry, providing valuable insights and findings that can guide Admiral’s strategies.
Crafting Solutions, Optimizing Implementations, and Building Partnerships
The Product Management team is responsible for developing, managing, and implementing new and existing insurance products designed to meet the unique needs of policyholders. This involves a thorough analysis of both proprietary and external industry data to provide comprehensive coverage solutions that support underwriting.
Their main responsibilities include creating manuscript endorsements that provide innovative coverage solutions tailored to address the unique needs of our business partners. They also focus on the integration, configuration, and optimization of insurance product implementations within our IT systems. Additionally, they establish and lead comprehensive product training sessions, assist in developing marketing content for both new and existing products, and nurture relationships with external risk management vendors.
What’s it like to work in Admiral’s Home Office Underwriting Department?
Learn more about some of our Home Office Underwriting teammates and hear what they like most about their roles, what surprised them most about Admiral, and some of the things they are most passionate about in their personal lives!
Erika Nichols
Home Office Senior Underwriter – Professional Liability
Moorestown, NJ
Looking to build a career in Home Office Underwriting?
Join Admiral’s Home Office Underwriting department and be part of a dynamic team driving innovation in the E&S market!
