Insurance Manager Job Description

Insurance managers must forecast risk and liability for payment of future benefits by analyzing statistical data. Insurance managers might work within the automobile, housing, business, disability, life, and other insurance industries.

They must also ensure that their branch is profitable by minimizing costs and maximizing revenues. 

Typical Job Duties

• Direct the sales activities of a branch

• Direct clerical staff to keep records 

• Recruit, hire, supervise and support staff such as sales agents, adjusters and underwriters

• Develop and maintain contacts with insurance regulators

• Ensure that sales activities adhere to industry regulations and legislation

• Maintain current knowledge of available insurance products

• Determine price schedules and discount rates