Senior Underwriter
The Senior Underwriter builds dynamic relationships, maintains a strong distribution channel, drives written premium growth, and maximizes renewal retention while delivering a high degree of customer satisfaction within our footprint of Independent Agencies.
Key functions will include but are not limited to :
- Strengthens relationships and educates agents within agency plant to maximize opportunities and achieve profitable growth.
- Achieves new business premium, renewal premium retention and rate change objectives
- Within company guidelines and granted underwriting authority, evaluates new and renewal information to determines risk acceptability terms / conditions to be quoted, and priced.
- Utilizes various underwriting tools to : determine acceptable risk characteristics; determine accurate exposure classifications; set adequate property limits to accomplish appropriate insurance to value and review and quote business for assigned agents
- Orders and reviews inspections to confirm accounts written are consistent with preliminary underwriting information and act when the inspection reveals unacceptable risk characteristics.
- Determines if facultative reinsurance is needed and if so, factors reinsurance cost in gross pricing, completes cession procedures; documents file and follows established workflow procedure to ensure proper reporting / accounting.