Current jobs related to Captive Underwriter - Austin, Texas - NESCO Inc

NESCO Inc is seeking a highly skilled Underwriting Consultant to join our team. As an Underwriting Consultant, you will be responsible for providing third-party underwriting services and performing captive underwriting for property/casualty lines of business.

• Maintain strong relationships with agents, brokers, carrier contacts, and internal department personnel.
• Evaluate risks and exposures associated with underwriting a book of business, including developing new and renewal business quote proposals, developing loss picks, and maintaining logs.
• Prepare premium finance agreements, review audits, and work with internal accounting and captive management teams for billing and collections of premiums.
• Provide summaries and projections of payroll reports provided by clients, accurately perform exposure-based analysis using carrier rating models, and submit documents.
• Communicate and negotiate pricing and coverages with carrier underwriters and communicate and support those decisions to brokers, carrier underwriters, and ARS Management.
• Work with claims and risk control teams to assist in any program service issues.
• Assist in the development and administration of complex underwriting rules and guidelines.
• Analyze quantitative and qualitative data to improve risk selection.
• Act as a technical resource for property and casualty coverage lines of business.
• Develop and maintain strong external/internal customer relationships by identifying, anticipating business needs, and delivering timely responses to captive customers, brokers, and ARS managers.
• Mentor underwriting staff.
• Participate in special projects as assigned.
• Meet underwriting department KPIs (key performance indicators) established by ARS Management.

• Bachelor's degree in insurance or finance from an accredited college or university preferred.
• Property Casualty License a plus.
• Chartered Property Casualty Underwriter (CPCU), Associate in Captive Insurance (ACI), Certificate in Captive Insurance (CCI), and/or Certified Insurance Counselor (CIC) courses and/or designations preferred.
• Six (6) years of commercial insurance experience in the underwriting areas with an emphasis on program underwriting or equivalent combination of education and experience required.
• Supervisory experience a plus.

• Ability to maintain positive underwriting results while improving the end product.
• Ability to solve problems.
• Solid math skills, including the ability to calculate figures accurately and efficiently.
• Strong analytical skills.
• Understanding of captive pricing models and captive program structures, including excess of aggregate and A Fund / B Fund captive structures.
• Ability to work independently, accurately without direct daily supervision.
• Strong understanding of premium pricing, developing loss picks, and utilizing Risk/Loss Forecaster third-party software.
• Captive management understanding the intricacies and structure of trust accounts, premium cessions, reinsurance agreements, program agreements, captive financials, and LLC Operating Agreements and how they influence underwriting.
• Ability to create, maintain, and follow formal captive processes and best practices.
• Excellent oral and written communication skills, including presentation skills.
• PC literate, including Microsoft Office products.
• Strong organizational skills.
• Excellent interpersonal skills.
• Excellent negotiating skills.
• Ability to create and complete comprehensive, accurate, and constructive written reports.
• Ability to work in a team environment.
• Ability to meet or exceed Performance Competencies.

When applicable and appropriate, consideration will be given to reasonable accommodations.