Underwriter ll
2 months ago
About Velocity Risk
By innovating the connection of risk and capital, Velocity Risk delivers specialty property insurance in catastrophe prone communities. Embracing Nature's volatility and turning problems into potential, we are transforming old insurance practices. Our uncommon approach to business creates uncommon careers where employees are empowered to flourish. Are you someone looking for a role that will challenge you to step outside your comfort zone? Are you looking to join an innovative, collaborative team environment that allows you to learn from others and grow in your career? If you, you are just the type of person that will fit into our distinctive culture.About the role
Large Commercial Underwriter II, you are responsible for analyzing and underwriting business for Commercial Lines to meet Combined Ratio and capital metric goals. You will be responsible for a $15-25M book of business while developing a team of Underwriter I's and Underwriter Trainees. You will utilize your underwriting expertise to help determine risk acceptability, pricing, underwriting guidelines, developing positive agency relationships within assigned territories, auditing underwriting files and accounts and improving on underwriting processes. Partnering with other departments and your colleagues, you will provide insights and feedback on ways to further improve and develop the products and services Velocity Risk offers.What you"ll do
The core responsibilities of this role areâ€Analyzing and underwriting a $15-25M book of business to meet capital metric and combined ratio goals
Assisting the Senior Underwriter team with accountabilities and achieving business unit goals through high-quality decision making on underwriting and excellent underwriting practices and guidelines.
Developing positive producer relationships and fostering pre-existing partnerships.
Collaborating with larger Commercial Lines team and other departments to further develop and enhance VRU products and service operations.
Manage, train and mentor Underwriting Assistants and provide coaching and mentorship guidance to Underwriter I's.
Core Competencies:
You will thrive in this position if you have these core capabilitiesâ€
Communication - superb skills in writing and verbally communicating
High attention to Detail - focused and attentive to correct data and pinpointing any inaccurate information quickly and efficiently
Highly organized and prioritized - systematic record keeping skills and able to recognize time sensitivity and adapt accordingly
Proven capability for confidentiality
Qualifications
Demonstrated Experience for success in this roleâ€
Bachelor's degree (Risk Management or similar) or equivalent industry experience
3+ years of commercial insurance experience
Professional insurance designations a plus
Proficiency in Microsoft suite (Excel, Word, PowerPoint, Outlook)
Velocity Risk provides equal opportunity to everyone, and we do not tolerate discrimination or harassment to anyone.
We strive to ensure our employees have the best experience possible We provide comprehensive and competitive benefits packs for our full-time employees.
Medical, Dental, and Vision fully subsidized by Velocity
Health Savings Account with employer contributions
401k after 6 months of employment
Education and Certification Reimbursement and Bonus programs
Paid Time off and company Holidays with floating holidays for flexibility
Gym membership reimbursements
Volunteer rewards and give-back initiatives
In-office lunch provided
We are a hybrid team (2 days remote, 3 days in office).
Velocity Risk participates in E-Verify.
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