Is underwriting next for layoffs?
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Any specifics about this? What levels/types of employees will be affected?
If you haven't heard it yet, you will soon....underwriting transition/reorg is happening now at the auto and fire personal lines management levels. After the management transition happens over the course of the next quarter or two, personal lines auto and fire underwriting becomes the target.
underwriting is next period. So just get ready.
@SDDGwIP-3yjb - I wish I could be in the same happy place that you are in. You give leadership too much credit that they won't screw around with UR for the sake of doing it. Change is coming, regardless of modernization. Just wait. Take a look at the wreckage already created: Bank, L&D, Ad Services, Proximity, Tacoma, Parsippany. No one is immune. The carcass of this company will be left to try and fulfill to promises made by the omnipresent ads on sporting events. As someone said on another post - your prize for keeping your job will be having to do the work of more people with fewer resources.
Underwriting won’t come until personal lines modernization, which will automate underwriting.
@SDDGwIP-1qtq - The sad reality is that your local leadership knows nothing. They are in the dark just like you. On the Proximity claims side, the TMs found out same day as impacted employees. Worse, when it came time for impacted employees to opt-in or opt-out, there was no place for local management to put in their comments. Meaning, decisions are being made somewhere else, by someone that doesn't know you, and using unknown criteria to make that decision. My best advice: Accept that change is coming to all areas of the company at some point soon. If you can not wait for the change, or accept that change is coming, leave now rather than later. You will have less competition for jobs now. If you stay, get your financial house in order just in case & be mentally ready to weather the coming storm. The prize for keeping your job will be doing the same amount of work with far fewer people. Congratulations!
Underwriting leadership please be open and just tell us. Many are working their tail off to prepare for the future and drive pace but what the heck - why not tell us the truth. What is the true plan.
UW will be next... hitting all major depts regardless of new systems, automation etc.
Parsippany is closing losing many underwriters and Usa’s!
We heard in a meeting from VP Pail Smith “at least two years but not five” whatever that means.
All I know is I have a claim in progress and I keep getting routed to people in Bangladesh. Clearly underwriters are a luxury we cannot afford...
I think the existence of insanity has been clearly shown.
Until automation is in place and working they would be insane to eliminate underwriters. Service levels are already strained.
We heard in a mtg Monday they are next.. time will tell.