R. Neal Bilyue
Richmond,VA
Summary
Talented Professional with 10+ years of experience and expertise in underwriting. Strong statistical analysis, quoting and negotiating skills. Well versed in pricing and preparing policy terms to manage risk and mitigate loss.
Overview
19
19
years of professional experience
Work History
Underwriting Manager
James River Insurance Company
Richmond, VA
08.2023 - Current
- Responsible for territory with seven underwriters and $32M in direct million premium (up from $17M when I took over in 2021).
- Reviewed accounts outside of junior underwriter's authority (up to $350,000 in premium).
- Collaborated with IT to develop and deploy new policy management system.
- Participated in regular meetings with senior leadership teams to discuss current market trends.
- Evaluated existing policies and procedures related to the underwriting process and make necessary revisions.
Assistant Underwriting Manager
James River Insurance Company
Richmond, VA
11.2020 - 08.2023
- Managed a team of underwriters to ensure accurate and timely processing of applications.
- Developed and implemented best practices for insurance underwriting processes.
- Conducted training sessions for new staff members on underwriting principles and procedures.
- Developed and maintained strong relationships with brokers.
Business Development Underwriter
Berkley Aspire
Richmond, VA
08.2020 - 11.2020
- Managed a territory to create new profitable growth and maintain agency relationships.
Underwriter
Kinsale Insurance
Richmond, VA
07.2015 - 08.2020
- Reviewed both new business and renewal submissions for premises-based risk to evaluate exposures, determine accurate classifications, rates and premium
- Established a rating plan and underwrite all general liability submissions for short term and annual special events.
- Coordinated and executed marketing plans with multiple underwriting divisions.
Sr. Portfolio Underwriter
Nationwide
Richmond, VA
08.2013 - 07.2015
- Used data warehouse at the agency, district and state levels to identify business trends and develop robust action plans through detailed data analysis.
- Co-created and delivered a monthly executive summary report for regional leadership team.
- Designed projects to be completed by the rate examination team to reduce premium leakage and avoid losses for unrated risks.
Personal Lines Underwriter
Nationwide
Richmond, VA
10.2011 - 08.2013
- Consult with sales managers, portfolio underwriters and agents to assist in meeting sales goals while maintaining profitability.
- Assist portfolio underwriter in delivering profitability action plans to agents.
- Review personal lines insurance policies to determine eligibility and ensure proper rating.
- Made exceptions to allow agents to bind coverage for risks that fell outside of eligibility guidelines but represented a good business decision.
Office Manager/Associate Agent
Moncure & Associates Inc (Nationwide Agency)
Mechanicsville, VA
05.2005 - 10.2011
- Acted as a consumer facing underwriter for property and casualty policies to ensure risks met Nationwide’s eligibility criteria for long term profitability.
- Worked with clients to assess their potential risks and provide them with the appropriate coverage for their individual needs.
- Compiled monthly compensation reports for the entire agency.
- Contributed to agency meeting customer service standards for being recognized as a preferred agency by Nationwide Insurance.
Education
Bachelor of Arts - Accounting
Randolph-Macon College
Ashland, VA01-2016
Skills
- Team Leadership
- Product Development
- Building Strong Broker Relationships
- Staff Development
References
References available upon request.
Timeline
Underwriting Manager
James River Insurance Company
08.2023 - Current
Assistant Underwriting Manager
James River Insurance Company
11.2020 - 08.2023
Business Development Underwriter
Berkley Aspire
08.2020 - 11.2020
Underwriter
Kinsale Insurance
07.2015 - 08.2020
Sr. Portfolio Underwriter
Nationwide
08.2013 - 07.2015
Personal Lines Underwriter
Nationwide
10.2011 - 08.2013
Office Manager/Associate Agent
Moncure & Associates Inc (Nationwide Agency)
05.2005 - 10.2011
Bachelor of Arts - Accounting
Randolph-Macon College
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