Senior Underwriting Specialist, Excess Casualty

2 weeks ago


Richmond, Virginia, United States Richmond National Full time
Job Title: Senior Underwriting Specialist, Excess Casualty Division
Location: On-site at Richmond, VA office

Company Overview:
Richmond National is a specialized property & casualty insurance provider dedicated to serving small and mid-sized enterprises that face challenges in securing coverage through conventional insurance channels.

We exclusively operate within the excess & surplus lines sector, granting our underwriters the flexibility to craft highly customized policies tailored to the unique insurance requirements and risk management goals of our clientele.

Job Responsibilities:
  • Underwrite and finalize new and renewal business while managing assigned brokers, territories, and policies effectively.
  • Assess small to mid-sized complex risks to ensure alignment with the company's underwriting guidelines and your authority.
  • Make informed decisions on risk acceptance, propose alternatives, or decline risks as necessary. Supervise, review, and authorize endorsements.
  • Direct loss control initiatives on specific matters to enhance risk evaluation.
  • Employ underwriting tools to ascertain precise classifications, rates, and premium calculations.
  • Address and resolve inquiries and disputes related to premium audits.
  • Engage with brokers to identify opportunities, gather additional information as required, and promote the underwriting appetite for various risks.
  • Generate, analyze, and interpret data from diverse reports.
  • Foster positive relationships with brokers through regular interactions and visits to brokerage offices.
  • Contribute to the training, mentoring, and onboarding of new or less experienced team members.
  • Perform additional duties as assigned.
Preferred Qualifications:
  • Bachelor's degree or a comparable combination of education and relevant experience.
  • Minimum of 1 year of experience in insurance underwriting; experience in E&S is advantageous.
  • Strong analytical and organizational capabilities.
  • Proficient understanding of and ability to engage in the negotiation process.
  • Detail-oriented with a commitment to success and the capacity to collaborate effectively while working independently in a dynamic environment.
  • Advanced proficiency in computer applications, including Word, Excel, and Outlook.
Benefits Overview:
  • Comprehensive Medical, Dental, and Vision insurance options. FSA/HSA plans available.
  • Basic Life/AD&D/Short Term/Long Term Disability coverage provided.
  • 401k matching: 100% match on the first 3%, 50% match on the next 3%.
  • Flexible PTO plan, 12 paid company-wide holidays, plus a day off for your birthday.
  • Acknowledged as a Top Workplace by Richmond Times-Dispatch.
Equal Employment Opportunity (EEO):

Richmond National is committed to equal employment opportunities. The Company's employment decisions and practices are not and will not be unlawfully influenced or affected by race, color, creed, age, religion, national origin, sex, disability, genetic information, veteran status, uniformed services, sexual orientation (including transgender status, gender identity or expression), gender, traits historically associated with race, such as hairstyle, pregnancy, childbirth, or related medical conditions, or any other characteristic protected by applicable federal, state, or local law. This policy of equal employment opportunity applies to all policies and procedures relating to recruitment and hiring, compensation, benefits, and all other terms and conditions of employment.

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