Senior Underwriter, Excess Casualty - Construction

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.

Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

JOB OVERVIEW

Ascot’s Excess Casualty Construction Unit is expanding, and we are seeking a Senior Underwriter, Excess Casualty - Construction to join the Excess Casualty National Accounts team.  As a Senior Underwriter, Excess Casualty - Construction supporting the Construction portfolio, you will be responsible for generating new business and overseeing a portfolio of renewable business while operating within your assigned authority. The successful candidate will analyze data, evaluate potential liabilities, and cultivate strong relationships with brokers and clients. 

RESPONSIBILITIESTop of Form

• Manage the profitability, growth, and retention of an assigned Construction Excess Casualty book of business through execution of individual risk underwriting and adherence to the strategic plan of the unit. 
• Underwrite and negotiate complex customer accounts to minimize risk and maximize profitability.
• Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long-term profitability at account level.
• Work independently within delegated underwriting authority and make referrals as required. 
• Cultivate and maintain relationships with Excess Casualty peers, leaders, and internal partners across functional areas to identify cross-selling opportunities, assist in product development and operational excellence.
• Foster and maintain external relationships with brokers in an effort to market and sell Ascot’s products. 
• Operate with underwriting integrity by adhering to the Excess Casualty guidelines, with the goal of achieving profitability over top-line growth.
• Provide meaningful and constructive feedback to regional and home-office management in an effort to improve processes, identify efficiencies and be more relevant to the customer.
• Analyze internally generated and third-party data to improve the underwriter productivity of the group and the broker experience.
• Document and articulate risk selection through qualitative and quantitative thought process.
• Perform other duties as assigned.

MINIMUM REQUIREMENTS:

• Bachelor's degree or equivalent experience.
• Minimum of 4+ years of Construction underwriting experience preferred.
• Knowledge of Construction Excess Casualty insurance products, with established retail and wholesale broker relationships
• Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment
• Strong critical thinking skills.
• Excellent organizational, desk management and prioritization skills with the ability to work independently and as part of a team.
• Must be positive, self-motivated, and possess strong interpersonal, communication and presentation skills.
• Possess strong technical, analytical, and quantitative skills.
• Excellent oral and written communication skills, ability to successfully negotiate in difficult situations with agents and brokers.
• Solution oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers.
• Proficient in Microsoft Office.
• ASLI, CPCU, ARM or other relevant professional designation preferred, but not required.

• Ability to travel 10-15%.  

   

***This position may be filled at a different level, depending on experience***

Compensation<