Sr. Excess Underwriter

Company Details

 

At Verus Specialty Insurance, a proud member of the esteemed W.R. Berkley Corporation (NYSE: WRB), we stand as a leading Excess and Surplus Lines provider delivering comprehensive solutions across the United States. Backed by the formidable strength of a Fortune 500 titan and operating with the agility of a nimble startup, we blend the best of both worlds to foster innovation and excellence in everything we do.

 

Our nationwide operations are supported by a robust network of select wholesale producers, ensuring that our reach and capabilities are always close at hand. We are driven by a forward-thinking leadership that champions a dynamic culture where questioning the norm is not just welcomed but expected. This ethos empowers our team to consistently surpass customer expectations and drive the industry forward.

 

At Verus, we are more than just a company; we are a community that thrives on collaboration, growth, and taking ownership of our actions. We are constantly on the lookout for exceptional talent who are eager to contribute, innovate, and grow with us. If you are passionate about making a mark in the insurance industry and align with our vision, we eagerly await your application. Join us and be a part of a team where your contributions are valued, and your potential fully realized!

 

The Company is an equal employment opportunity employer.

 

https://www.verusins.com/

Responsibilities

As a Senior Excess Casualty Underwriter at Verus, you will independently manage a diverse portfolio of complex and high-hazard casualty accounts. Operating with a high degree of autonomy, you will evaluate, select, and price risks in accordance with company guidelines and risk appetite. This role requires deep expertise in the excess and surplus (E&S) lines market, a strategic mindset, and the ability to build and maintain strong broker relationships. Your underwriting insight and market acumen will play a critical role in driving profitable growth and supporting Verus’s long-term success.

 

• Complex Risk Evaluation: Independently underwrite and manage a portfolio of complex and high-hazard excess casualty accounts, including general liability, product liability, and other specialty lines. This includes both lead and excess layers.
• Layering Strategy & Attachment Point Expertise: Demonstrated ability to assess appropriate attachment points and layering strategies based on underlying coverage, exposure analysis, and market conditions.
• Underwriting Authority: Exercise sound judgment in making autonomous decisions on risk acceptance, coverage terms, and pricing within your delegated authority, ensuring alignment with company guidelines and risk appetite.
• Risk Selection & Pricing: Apply a deep understanding of risk selection criteria and pricing strategies to ensure underwriting decisions are both competitive and profitable. Continuously assess risk exposures, loss history, and market conditions to optimize outcomes.
• Catastrophic Exposure Awareness: Ability to evaluate catastrophic and emerging exposures, including social inflation, nuclear verdicts, and systemic risk trends.
• Technical Expertise: Leverage advanced technical knowledge of casualty lines, coverage structures, and rating methodologies to evaluate and structure complex deals effectively.
• Production & Performance Metrics: Consistently meet or exceed established production goals and profitability targets for your assigned line of business. Maintain a balanced portfolio that aligns with strategic objectives and risk tolerance.
• Market Intelligence: Monitor industry trends, regulatory developments, and competitor activity to inform underwriting strategy and maintain a competitive edge in the marketplace.
• Team Leadership & Referral Oversight: Provide expert guidance on underwriting referrals from junior team members, ensuring consistency, quality, and adherence to underwriting standards.
• Mentorship & Knowledge Sharing: Actively mentor junior underwriters, contributing to their professional development and supporting a culture of continuous learning and collaboration within the team.
• Broker Relationship Management: Build, manage, and strengthen strategic relationships with wholesale brokers to ensure a consistent pipeline of quality business. Lead impactful broker meetings to reinforce partnerships, address performance concerns, and identify new business opportunities.
• Broker Performance Oversight: Proactively monitor broker performance, ensuring alignment with company standards and underwriting obj