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, ExcelExperience :
Bachelor's degree (preferably with a Risk Management & Insurance Major)1+ years prior insurance experience. Preferred experience in property industryExperience working with support services, including IT, claims, actuarial and operationsAchieved or working towards an industry designation such as CPCU, CRM, ARM, AU, CIStrong communication skillsAbility to negotiate and be persuasiveAbility to simplify, analyze and explain complex issuesAbility to review processes and determine opportunities for improvementAbility to work at both an overview and detailed levelAbility to manage time and projects effectivelyAbility 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