Angove Partners | Private Equity Underwriter | new york city, ny
2 weeks ago
Underwriter - Private Equity
Our client is looking for an Underwriter in the Private Equity insurance space to join their growing team in New York. This role would be working across different account solutions including General Liability, Middle Market P&C, Workers' Compensation, and D&O.
This role requires a deep understanding of Private Equity dynamics.
Responsibilities:
- Evaluate Private Equity firms and their portfolio companies to identify and assess insurable risks.
- Manage the profitability, growth, and retention of an assigned book of business.
- Underwrite and negotiate complex customer accounts to minimize risk and maximize profitability.
- Cultivate and maintain relationships with internal partners within the business unit and across the enterprise to create sales plans and identify cross-selling opportunities.
- Develop and maintain relationships with external partners such as Private Equity, Venture capital, and Real Estate private investments clients and Brokers.
- Identify and capture new business opportunities using consultative marketing and sales skills.
- Negotiate policy terms, conditions, and pricing to align with underwriting guidelines and risk appetite.
- Manage and monitor a portfolio of Private Equity insurance policies, ensuring profitability and compliance with underwriting standards.
- Review policy renewals and assess the evolving risk profile of insured entities.
Requirements:
- Experience in Underwriting, ideally in the Private Equity space.
- Strong knowledge and connections in the New York insurance market.
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