Associate Underwriter

In good company.
 

Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.

Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US and Dublin. We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful – to our customers and our business. We believe we are 'In good company.' with everyone we interact with.

We're looking for an

Associate Underwriter

Based in Richmond, Virginia and reporting to the Division Manager, this entry level/trainee role will learn the underwriting concepts needed to grow an underwriting career. You may be placed in one of the following divisions: Allied Medical, Energy, Excess Casualty, General Casualty, Life Sciences, Management Liability, Medical Professionals, Products Liability & Contractors, Professional Liability, Small Business Casualty.

The successful candidate will be responsible for analyzing risks and developing and managing relationships with primarily wholesale brokers in the U.S.  This role will review and analyze data, price and negotiate coverage terms and correspond with brokers.  Minimal business travel may be required.

This role will focus on Excess & Surplus lines placements for small to medium sized, hard-to-place accounts.

What you will do

• Contribute to Hamilton's strategy to grow and diversify the specified division's portfolio
• Underwrite business in accordance with guidelines to maintain underwriting standards and discipline to ensure delivery of profitable results
• Originate, grow and develop high level market relationships with brokers. 
• Use critical thinking skills to negotiate terms
• Other duties as assigned
  

Conduct Standards

• You must act with integrity
• You must act with due skill, care and diligence
• You must be open and cooperative with the FCA, the PRA and other regulators
• You must pay due regard to the interests of customers and treat them fairly
• You must observe proper standards of market conduct
• You must act to deliver good outcomes for retail customers

What you require for the role

Key Attributes

• Willingness to learn and apply concepts to new risks
• Ability to analyze data and make sound judgements
• Dedicated and hard-working
• A shared focus on expense management and managing the overall business operations to maximize shareholder returns
  

Other Personal Attributes

• Motivated, self-starter with an entrepreneurial mindset
• Ability to multi-task
• Excellent verbal and written communication skills
• Proven decision-making skills.
• Approachable and able to clearly market business
• Professional, insightful, and confident when managing varying stakeholders
• Able to work autonomously with strong organizational skills and the ability to plan ahead
• Keen attention to detail, highly analytical and excellent problem-solving capability
• Demonstrates an understanding and capacity to effectively engage in the negotiation process. 
• Bachelor's degree in risk management, business, economics, or a related field of study, beneficial but not essential
  

What you can expect from us

We offer a vibrant, entrepreneurial, and collaborative culture guided by our values: Be Smart, Be Sensible, Be Open and Be More.

We know if we welcome and respect differences, we'll attract and retain talent that brings a valuable diversity of perspectives and experience. We want all our colleagues to feel that they can bring their whole selves to work at Hamilton and know that they can be part of building a great company.

Hamilton offers a competitive salary with an annual performance-based target bonus and a comprehensive benefits package, to include:

• Hybrid working
• Matching 401K plan
• Medical, dental, vision, life, disability
• Generous time off (including parental leave)
• Continued support for professional development
• Gym subsidy
• My day (additional days leave for personal interests/wellness/charity work)