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Public Entity Underwriter, Property
2 months ago
The Public Entity Underwriter, Property is responsible for effectively producing, underwriting, and managing Property accounts to maximize long-term profitability. This role involves managing a profitable book of business and developing relationships with production sources.
Key Responsibilities- Produce, underwrite, and service Property accounts within the Public Entity Risk Solutions (PERS) portfolio.
- Establish, execute, and coordinate production strategies across PERS to maximize profitable growth.
- Develop and maintain relationships with Retail and Wholesale broking communities within national territories.
- Market for PERS business through conferences, client events, and prospect visits in support of the PERS Property Strategy.
- Underwrite accounts within authority, maintaining compliance with Corporate and Divisional underwriting guidelines, and possessing a clear understanding of underwriting and pricing guidelines to ensure appropriate risk-reward decision-making.
- Collaborate on projects, marketing efforts, and other tasks as assigned.
- Be a team player in support of all PERS and MRSI objectives.
- Contribute to profitable underwriting results of the book commensurate with the volume of accounts handled.
- 7+ years of insurance and/or reinsurance underwriting experience.
- Excellent underwriting, marketing, and organizational skills.
- Excellent presentation and negotiation skills regarding complex agreements with senior management of production sources and clients.
- Effective time management skills.
- Superior communication skills, including the ability to explain complex transaction structures to both technical and non-technical audiences.
- Willingness to travel - 25%.
The Company is open to considering candidates in numerous locations, including Philadelphia, PA; Princeton, NJ; Chicago, IL; Atlanta, GA; and NYC, NY. The salary range posted below applies to the Company's NYC location.
The base salary range anticipated for this position is $150,300 - $220,400, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays, and paid time off (PTO).
The salary estimate displayed represents the typical salary range for candidates hired in this position in NYC. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.
