Underwriter
1 month ago
Key Accountabilities/Deliverables:
Execution of Product Liability business plans and objectives including:
- Build Core Specialty's reputation and presence in the product liability market
- Provide prompt and accurate customer service on policy transactions
- Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies
- Provide documented evidence of underwriting activities and decisions in files as required
- Support Company and Department goals and objectives
- Build Core Specialty's relationships with our broker partners
- Build underwriting expertise by training with VP Product liability and team members
- In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.
- Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance, and Core Specialty's shared values, including putting clients at the heart of our business.
Technical Knowledge and Understanding:
- Base knowledge of Primary Casualty / Products Liability underwriting industry
- Knowledge of Primary Casualty underwriting practices, coverage & pricing/rating methodologies
- Base knowledge of producer & competitor marketplace
- Solid knowledge of targeted industries
- Base knowledge of insurance company operations
- Understanding of policy wordings and clauses
- Understanding of all pricing/underwriting tools available
- Up-to-date knowledge of the insurance market environment
Experience:
- Bachelor's degree or equivalent relevant experience
- Achieved or working towards an industry designation such as ASLI or CPCU
- Ability to travel quarterly within the region to meet assigned brokers in the region
- 1-3 years in Casualty marketplace (Underwriting or Brokerage)
- Limited experience working with support devices, including IT, claims, actuarial, and operations
#LI-Hybrid
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
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