Ken Munson
Tampa,FL
Summary
Dynamic Commercial Lines Underwriter with a proven track record at Amerisure Insurance, excelling in analytical problem solving and proficient negotiation. Successfully manages a $20M portfolio, fostering strong partnerships with agencies to drive profitable growth and enhance customer satisfaction. Recognized for cultivating team contributions and implementing effective pricing strategies.
Overview
27
27
years of professional experience
Work History
Commercial Lines Underwriter
Amerisure Insurance
Tampa, FL
07.2014 - Current
- Negotiated terms and conditions with producers to ensure profitable growth for the company.
- Prepared renewal packages including premium calculations, coverages offered, policy language changes.
- Monitored portfolio performance against established goals and objectives; identified areas needing improvement or corrective actions.
- Analyzed current market conditions and developed competitive rate structures accordingly.
- Assessed the financial stability of potential customers through analysis of loss history, credit reports, financial statements.
- Utilized effective pricing structures to accomplish business objectives and meet customer expectations.
- Coached less experienced team members and offered subject matter expertise.
- Negotiated coverage, policy pricing and service delivery during meetings with customers, agents, or brokers.
- Oversees a designated portfolio valued at approximately $20M with assigned agencies.
- Developed effective partnerships with designated agencies to meet direct written premium goals.
Underwriting Consultant
Summit Consulting, Inc.
Lakeland, FL
01.2008 - 07.2014
- Assisted in the underwriting referral process, provided technical expertise, guidance and training to support company initiatives.
- Sustained elevated standards of underwriting authority.
- Oversaw risk selection, target pricing, procedures and workflows.
- Assigned to select supportive and influential agencies to perform field underwriting on new and renewal business.
- Fostered productive and effective relationships with assigned agencies and performed as an Underwriting Dept liaison within the organization.
- Identified profitable opportunities based upon individual account criteria and underwriting standards.
Assistant Underwriting Manager
Summit Consulting, Inc.
Lakeland, FL
01.2004 - 01.2008
- Participated in meetings with senior executives to discuss key issues impacting the performance of the department.
- Provided technical support regarding underwriting processes during audits or examinations conducted by regulatory agencies or external auditors.
- Assisted in developing strategies for mitigating risks associated with different types of accounts.
- Developed and maintained relationships with brokers, clients, and other stakeholders to ensure customer satisfaction.
- Prepared detailed summaries of complex cases for senior management review.
- Reviewed insurance applications and risk assessments to determine the appropriate terms for coverage.
- Collaborated with internal departments such as actuarial, loss control, audit, claims to develop new products or modify existing ones.
- Assisted the Underwriting Manager in providing technical support and maintained a high level of underwriting authority.
- Managed four underwriting units within the department and was a primary source for pricing, referrals, creating department objectives and performance evaluations.
Underwriting Team Leader
Summit Consulting, Inc.
Lakeland, FL
01.2002 - 01.2004
- Conducted regular performance reviews to assess individual team member progress.
- Collaborated with other departments to ensure alignment of goals across teams.
- Maintained a positive work environment that promoted collaboration between team members.
- Monitored daily workflow to ensure adherence to established policies and procedures.
- Participated in regular meetings with senior leadership to provide updates on team progress.
- Ensured underwriting best practices were met, recommended improvements to the work flows and developed underwriting authority levels.
Large Account Underwriter
Summit Consulting, Inc.
Lakeland, FL
03.2000 - 01.2002
- Oversaw a complex book of business generating premiums exceeding $50,000.
- Assessed and analyzed new and renewal accounts.
- Provided custom loss-sensitive solutions for eligible clients.
Field Underwriter
Superior National Insurance Company
Orlando, FL
01.1998 - 03.2000
- Collaborated with agents to ensure customer satisfaction while meeting corporate goals.
- Advised management on potential areas of risk exposure within existing portfolios.
- Conducted field underwriting for new and renewal accounts at designated agencies.
Education
Bachelor of Science - Finance
University of South Florida
Tampa, FL01-1992
Skills
- Recognizes Team Contributions
- Analytical Problem Solving
- Conflict Resolution
- Cultivating Strong Partnerships
- Proficient Negotiation Abilities
- Portfolio management
References
References available upon request.
Timeline
Commercial Lines Underwriter
Amerisure Insurance
07.2014 - Current
Underwriting Consultant
Summit Consulting, Inc.
01.2008 - 07.2014
Assistant Underwriting Manager
Summit Consulting, Inc.
01.2004 - 01.2008
Underwriting Team Leader
Summit Consulting, Inc.
01.2002 - 01.2004
Large Account Underwriter
Summit Consulting, Inc.
03.2000 - 01.2002
Field Underwriter
Superior National Insurance Company
01.1998 - 03.2000
Bachelor of Science - Finance
University of South Florida
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