Senior Underwriter - eRisk / Cyber Liability

Senior Underwriter (eRISK)

The Sr. Underwriter (eRISK) is responsible for the review of insurance applications; and, quoting and binding of insurance for cyber-risk and Technology Errors & Omissions insurance products following the underwriting guidelines, rates and rules promulgated by the eRisk team within the authority delegated to the underwriter. This includes working with brokers in the underwriter's assigned territory to solicit business and market the company's products.

Responsibilities :

• Work with assigned brokers to market eRisk insurance products.
• Achieve underwriting production, profitability and other financial targets for assigned brokers.
• Assist the team leadership in the development and enhancement of new and existing products.
• Communicate to management concerns of key brokers, market opportunities
• Ensure policy transactions are rated, booked, invoiced and issued accurately and meet the corporate time service standards. Transactions include quotes, new business, renewals, endorsements and cancellations.
• Communicate, as needed, with Accounting, Marketing and other to answer policy questions and resolve issues.
• Generate insurance quote letters and binder letters for Cyber, Tech E&O and related products per underwriter instructions.
• Prepare and issue policies for the eRisk department.
• In-force account management and servicing.
• Proactively acquire knowledge and skills.
• Work with system support to test releases when the verification of successful programming involves a review of the production environment.
• Assist in quality verification of all policy transactions, processes and procedures.
• Electronically print documents into the imaging system, page mark and label the documents appropriately adhering to the corporate protocols.
• Communicate, as needed, with producers to obtain information needed to complete transactions, etc. Contribute to service excellence by answering producer questions in regards to policy status and insurance inquiries.
• Other duties as assigned.

Requirements :

Location : TBD (Dallas, Houston or Jersey City NJ preferred)

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Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $91,400 to a maximum of $134,000. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee's contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and / or performance-based variable pay programs.