Senior Underwriter
2 days ago
The incumbent will underwrite accurately and efficiently profitable books of business that also meet annual premium goals. Work to cultivate a $20-35+M book of profitable business, collaborate with SVPs on underwriting matters, and sign off on referrals within applicable authority level.
Key Accountabilities/Deliverables:
- 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 Assistant Underwriters 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 and when 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.
- Strong computer skills - good working knowledge of MS Office, Excel
- Bachelor's degree (preferably with a Risk Management & Insurance Major).
- 3+ years prior E&S Property Underwriting experience required.
- Experience working with support services, including IT, claims, actuarial and operations
- Achieved or working towards an industry designation such as CPCU, CRM, ARM, AU, CI
- 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
- Ability to travel (25%)
#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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