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Senior Underwriter, Professional Liability Specialist
2 months ago
We are seeking a highly skilled Senior Underwriter to join our team at Ascot Group, a leading specialty risk underwriting organization. This role offers a unique opportunity to grow a diverse suite of Professional Liability products, focusing on Miscellaneous and Real Estate Professional Liability.
Key Responsibilities- Manage the profitability, growth, and retention of an assigned Professional Liability/E&O book of business through 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.
- 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%.
The annualized base pay range for this role is: New York Metro - $145,000 - $155,000. The Company provides a competitive benefits package that includes health and welfare benefits, leave benefits, and retirement benefits.