Senior Underwriter - Property

-

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

-

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