Sr. Underwriter

Overview:

For over 25 years, Staffing Lines has delivered competitive workers compensation solutions for temporary, permanent and outplacement staffing agencies across the U.S. Our underwriters are true experts in staffing agency insurance and understand the complex staffing risks that apply across a variety of industries, including medical, manufacturing, addiction treatment and many others.

Staffing Lines is part of NSM Insurance Group, a global specialty insurance provider with more than $1.6 billion in premium across 25+ specialty insurance programs and brands around the world. Named a Philadelphia Inquirer Top Workplace based on employee feedback, the company has been exclusively focused on building successful insurance programs since 1990 and continually seeks new opportunities to grow and expand through strategic mergers and acquisitions.

Relationships are paramount at NSM because we know thats what drives mutual, long-term success. We maintain an entrepreneurial spirit and startup mindset within an established organization that continues to redefine what specialty insurance means and how it impacts everyday lives. Employees are given endless opportunities to expand their interests and skillsets, push breakthrough ideas and take risks. Our open, supportive environment gives employees the confidence to take ownership of their work as if the business was their own.

At NSM, we Build Success every day for our people, carrier partners, agents and insureds because we know our success is built on yours.

The Sr. Underwriter is responsible for maintaining and growing a profitable diverse book of business within the Staffing Marketplace. This role will focus on providing effective service to brokers and maintaining underwriting excellence through daily contact with agents to achieve and sustain business results that meet established goals for premium production, retained income, and underwriting profit. It is also expected of the Sr. Underwriter to communicate with marketing representatives responding to inquiries regarding service, risk evaluation, questions on procedures, rates, premium evaluation, and service.

• Maintain profitable growth of Property/Casualty and Workers Compensation business through proper classification and pricing of risks within assigned territory/industry.
• Evaluate commercial business for risk acceptability - matching price to exposure, loss frequency and severity for profitability, and rating plans/modifications for renewal retention.
• Establish collaborative relationships with Agencies to understand the external marketplace and underwrite within established performance standards and priorities that are responsive to marketing, underwriting, retention, and service goals.
• Meet with insurance agents/carriers/brokers through marketing visits to create, maintain and grow the book of business.
• Examine and evaluate documents such as applications, inspection reports, MVRS, financial reports, claims history and any other pertinent information to determine degree of risk, underwriting and appropriate market.
• Accept, price, and bind insurance within underwriting authority.
• Prepare submissions; market and negotiate with insurance companies on individual accounts.
• Provide complete policy issuance instructions to support staff, detailing all coverage terms and conditions.
• Demonstrate a strong customer focus through understanding customers needs and expectations while following NSMs service standards.
• Pursue technical development to maintain or enhance knowledge skills and abilities required to do the job.
• Underwrite/manager a complex book of accounts.
• Monitor claims activity and reporting.
• Perform other duties as assigned.

• Bachelors degree in risk management or insurance majors a plus, or equivalent experience.
• 4+ years of underwriting Workers Compensation.
• Knowledge of commercial insurance coverage.
• Ability to evaluate a risk and identify hazards and controls.
• Excellent organizational skills and ability to handle multiple tasks in a high-volume, fast-paced, team-oriented environment.
• Highly motivated and results oriented.
• Strong verbal and written skills.
• Detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines.
• Prior knowledge of computer systems (rating system, Pipeline, AFW, ImageRight, etc.).
• Up to 25% travel.
• P&C license required, or to be obtained within the first 90 days of employment.