VP Underwriter-E&S Commercial Property
1 week ago
Manage and develop a team of underwriters. Underwrite accurately and efficiently profitable books of business that also meet annual premium goals. Work to cultivate a $40-65+M book of profitable business, collaborate with SVPs and other team leaders on underwriting matters, and sign off on referrals within applicable authority level.
Key Accountabilities/Deliverables:
- Communicate corporate and divisional financial objectives to direct reports
- Collaborate with direct reports to set individual objectives
- Respond to referrals in a timely manner
- Work with Divisional President and Head of E&S Property Underwriting to manage portfolio objectives for both new and renewal business
- Prioritize underwriting profitable book of business while meeting plan goals
- Cultivate and foster broker relationships
- Proactively expand and maintain awareness of the insurance market, generally, and the LOB market, specifically
- Perform within set timeframes to ensure appropriate response time and customer service for broker partners
- Draft quotes and binders
- Work with AUW to conduct post-binding account changes/ transactions review
- Policy issuance and endorsement issuance within required timeframe
- Maintain accurate and timely status of accounts within all systems throughout the underwriting life cycle of the account
- Pursue professional development and training for development of product knowledge, skills for the role and any personal goals.
- Responsible for effective operation of internal controls and timely closure of Internal Audit and other actions
- Undertake general office administrative duties as required
- In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.
- Computer skills - good working knowledge of MS Office, Excel
- Strong communication skills
- Ability to negotiate and be persuasive
- Ability to simplify, analyze and explain complex issues
- Ability to review processes and determine opportunities for improvement
- Ability to work at both an overview and detailed level
- Ability to manage time and projects effectively
- Bachelor's degree (preferably Risk Management & Insurance major) preferred
- 10+ years prior underwriting experience required
- E&S Property experience required
- Ability to travel (25%)
- Must be able to work a hybrid schedule (minimum 3 days in office/week)
#LI-Hybrid
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
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