Senior Underwriter - Property

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The Senior Underwriter will underwrite accurately and efficiently profitable books of business that also meet annual premium goals.

 They will 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 Underwriter 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. 

Technical Knowledge and Understanding:


* Strong computer skills – good working knowledge of MS Office, Excel 


* Knowledge of underwriting practices, coverage and pricing/rating methodologies, current market, producer and competitor marketplace


* Familiarity w/ company systems, procedures and processes.


* Understanding of underwriting pricing & tools.

Experience:


* Bachelor’s degree (preferably Risk Management & Insurance major).


* 3-5 years’ experience in Underwriting for property industry


* Achieved an industry designation (CPCU, CRM, ARM, CIC)


* Experience working with support services, including IT, claims, actuarial and operations


* 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-Onsite

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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 Spen...