An underwriting manager is a licensed entity which uses its specialized skills and knowledge in a particular class of insurance or reinsurance to act on behalf of one or more insurer or reinsurer.

In general, an underwriting manager represents reinsurers in territories or regions, where they are not represented. Reinsurer’s utilize the expertise of an underwriting manager to solicit, underwrite and manage the specified class of business. Usually underwriting managers are given authority to accept risks up to agreed limits. Risks are accepted for and on behalf of the reinsurers. The underwriting manager does not carry any of the risk.