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E&S Underwriter
1 week ago
The E&S Underwriter is a key member of the PURE Programs Underwriting team. This role will be primarily accountable for underwriting High Value Home, surplus lines risk in California and the Western States through PURE Specialty Exchange (PUI's E&S reciprocal exchange). The primary goal of this position is to profitably grow a book of business by actively partnering with Agents and working effectively with colleagues throughout the organization. This person will plan and budget for the book of business, develop and maintain agency relationships, and execute underwriting decisions.
What you'll do.
- Broker Partnership - Development, maintenance and management of broker partnerships; development of strategies and goals for brokers and tracking of progress; and positioning the program within an agency, including:
- Delivering exceptional, timely, complete and accurate service to brokers.
- Developing trusted, respected and lasting relationships with broker partners.
- Sharing knowledge and best practices with brokers, crafting the best solutions for their clients.
- Underwriting empathetically at all times.
- Underwriting Execution - Responsible for new business underwriting execution, including selecting and pricing risks in line with PUI's strategy and underwriting guidelines, operating within authority and documentation guidelines and following up on accounts and closing new business.
- Franchise Management - Maintain a command of assigned book of business, brokers and the market. Set goals and key priorities to maximize the value of their franchise and track and report on performance to plan.
- Business Management - Develop and maintain a clear view of market conditions and competitive landscape and our value proposition. Contribute ideas and perspective to the team as we learn, improve and drive toward our objectives.
- 4+ years underwriting experience required.
- Experience in the following is a plus: (1) High net worth personal lines underwriting experience; (2) Excess and surplus lines property underwriting experience; and/or (3) underwriting experience in a managing general agency (MGA) operation.
- Ability to be creative and adaptable in a fast-paced, hardening market, and changing business environment.
- The desire to be part of a new product High Value Home launch in the West and expanding our California E&S solutions for members
- Sound, balanced and timely decision making skills.
- Drive and a desire to learn, grow and drive improvement in the organization.
- Strong analytical, interpersonal, communication and negotiation skills.
- A Bachelor's Degree is preferred.
The base salary for this role can range from $70k-$90k, based on a full-time work schedule. An individual's ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience
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