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Senior/Executive Underwriter
Senior/Executive UnderwriterOdyssey Group • New York, NY, US
Senior / Executive Underwriter

Senior / Executive Underwriter

Odyssey Group • New York, NY, US
2 days ago
Job type
  • Full-time
Job description

Senior / Executive Underwriter

Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.

Hudson underwrites specialty primary and excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through Hudson Specialty Insurance Company and Hudson Excess Insurance Company. Hudson Insurance Company is admitted in all U.S. jurisdictions. Hudson has surplus lines eligibility in all U.S. jurisdictions through Hudson Specialty Insurance Company and Hudson Excess Insurance Company.

Collectively known as Hudson Insurance Group, its companies are rated A (Excellent) by A.M. Best, Financial Size Category XV. Hudson Insurance Group is the U.S. Insurance Division of Odyssey Group, a leading worldwide underwriter of reinsurance and specialty insurance and wholly owned by Fairfax Financial Holdings Limited.

Hudson Insurance Group is a leading underwriter of insurance for Federally Recognized Native American Tribes and their owned enterprises. Hudson's presence in this space goes back 20+ years. Policies Include :

  • Workers Compensation Standalone (1st Dollar Coverage)
  • Package Policy (All coverages except Workers Compensation)
  • All Lines Policy (Including Workers Compensation)
  • Medical Stop-Loss Standalone

These programs are written on a non-admitted basis.

Position Description

The Multi-Line Senior / Executive Underwriter will work on business that is both primary and excess of an attachment point. The role involves evaluating opportunities within the company's guidelines, enhancing relationships, and building a profitable book of business.

Skills, Knowledge and Abilities

  • Gather information needed to evaluate risks for acceptability within company guidelines
  • Review and access all loss information relative to new and renewal business opportunities
  • Make informed and appropriate underwriting decisions based on information provided by clients and other sources.
  • Build and maintain relationships with outside production sources.
  • Stay current on competition, underwriting environment, and market conditions and share that knowledge within the division.
  • Evaluate new Delegated Authority, Managing General Agents (MGA) and Managing General Underwriters (MGU).
  • Conduct research and assessment on the profitability, quality, fit and character of new delegated authority partners.
  • Evaluate technical feasibility of implementing new programs
  • Lead a cross-functional team to implement new programs.
  • Technical expert across financial modeling, business case creation and general project management within an MGA or Commercial Insurance Carrier.
  • In-depth financial and underwriting understanding of programs business, with the ability to assess and develop financial projections and forecasts on existing and prospective programs.
  • Ability to establish and maintain strong working relationships with internal stakeholders, including underwriting, claims, and actuarial teams, as well as external stakeholders such as Managing General Agents (MGAs) and Program Administrators (PAs).
  • Education / Experience

  • Minimum five years of underwriting experience.
  • Experience in property underwriting and admitted insurance is a plus.
  • Strong analytical skills.
  • Knowledge and experience with Microsoft Office, particularly Excel.
  • Excellent written and verbal communication skills.
  • Ability to communicate effectively at all levels within the company.
  • Ability to work in a team environment.
  • Experience with policy wording and endorsement issuances.
  • Understanding of insurance accounting and claims.
  • In New York City, NY the pay range for this role is $120,000- $160,000. This role may also be eligible to participate in a discretionary annual incentive program. The specific offer will depend on an applicant's skills and other factors. This range is specific to New York City, NY and may not be applicable to other locations.

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    Underwriter • New York, NY, US

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