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Underwriter - Property

Underwriter - Property

Core Specialty InsuranceBirmingham, AL, US
30+ days ago
Job type
  • Full-time
Job description

Underwriting Position

The incumbent will underwrite accurately and efficiently profitable books of business that also meet annual premium goals. They will work to cultivate a $18-30+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 Underwriters 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
  • Experience :

  • Bachelor's degree (preferably with a Risk Management & Insurance Major)
  • 1+ years prior insurance experience. Preferred experience in property industry
  • Experience working with support services, including IT, claims, actuarial and operations
  • Achieved or working towards an industry designation such as CPCU, CRM, ARM, AU, CI
  • 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%)
  • 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

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    Underwriter Property • Birmingham, AL, US

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