Senior Underwriter, Professional Liability Specialist

2 weeks ago


Iselin, New Jersey, United States Ascot Group Full time
Job Opportunity at Ascot Group

This is an exciting opportunity to join Ascot Group, a leading specialty risk underwriting organization. We are seeking a highly skilled Senior Underwriter to join our Professional Liability/E&O team.

Job Summary

The successful candidate will be responsible for managing the profitability, growth, and retention of an assigned book of business within an assigned territory. Key responsibilities include underwriting new and renewal business, building and maintaining strong relationships with internal and external stakeholders, and working collaboratively with the team to achieve strategic objectives.

Key Responsibilities
  • Manage the profitability, growth, and retention of an assigned Professional Liability/E&O book of business through execution of individual risk underwriting and adherence to the strategic plan of the unit.
  • Underwrite and negotiate complex customer accounts to minimize risk and maximize profitability.
  • Monitor premiums, costs, and claims ratios per contract and take corrective measures if necessary to ensure long-term profitability at account level.
  • Cultivate and maintain relationships with financial lines peers, leaders, and internal partners across functional areas to identify cross-selling opportunities, assist in product development, and operational excellence.
  • Foster and maintain external relationships with brokers to market and sell Ascot's products.
Requirements
  • Bachelor's degree or equivalent experience.
  • Minimum of 6 years of underwriting experience in the financial lines insurance industry, with experience in Miscellaneous and Real Estate Professional Liability strongly preferred.
  • Deep knowledge of insurance, applicable regulations, and the insurance industry.
  • Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment.
  • Strong critical thinking skills.
  • Excellent organizational, desk management, and prioritization skills with the ability to work independently and as part of a team.
  • Must be positive, self-motivated, and possess strong interpersonal, communication, and presentation skills.
  • Possess strong technical, analytical, and quantitative skills.
  • Excellent oral and written communication skills, ability to successfully negotiate in difficult situations with agents and brokers.
  • Solution-oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers.
  • Proficient in Microsoft Office.
  • RPLU, CPCU, or other relevant professional designation preferred, but not required.
  • Ability to travel 10-15%.
Compensation

The annualized base pay range for this role is: New York Metro - $145,000 - $155,000.

Company Benefits

The Company provides a competitive benefits package that includes health and welfare benefits, leave benefits, and retirement benefits.



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