Senior Underwriter (Excess)

Summary

Join a growth stage technology and data-driven commercial insurance wholesaler as a Senior Underwriter, reviewing applications, evaluating risks, and determining coverage levels.

Requirements

• Bachelor’s degree required
• Minimum 5 years of underwriting or related insurance experience required
• CPCU, CIC, CRIS, Property & Casualty Brokers License, etc. a plus
• Strong customer service experience
• Proficiency in Microsoft Office Suite and ability to quickly learn industry-specific software
• Ability to work collaboratively with team members and other departments
• Strong desire to learn, explore new ideas, and seeking out new knowledge
• Ability to be flexible, embrace change, and quickly pivot in response to shifting priorities

Responsibilities

• Adhere to underwriting guidelines and execute underwriting and pricing strategies to maintain profitability goals
• Use level of authority to accept, reject, or mitigate risk for applications
• Approve or decline insurance applications within certain limits and issue coverage and prepare referral submission for risks exceeding individual authority
• Review and analyze risk characteristics on insurance applications, renewals, and change requests
• Ensure that underwriting activities comply with all industry and government regulations
• Documentation of Underwriting files including risk analysis and pricing justification in accordance with established underwriting standards
• Offer recommendations to clients on insurance applications to reduce exposure to excessive risk
• Utilize underwriting guidelines, rules, standards, and levels of authority to accept, reject, or mitigate risk for applications and determine appropriate premiums, limits, and coverages
• Cultivate relationships with assigned producers to achieve production goals
• Collaborate closely with the underwriting team to finalize insurance applications efficiently
• Utilize multiple databases to gather and verify supplementary data for submissions and leverage specialized software to compare risks ensuring accurate policy pricing
• Respond to customer needs, providing guidance and assistance tailored to their insurance needs
• Process accounts from approved quotes through to policy issuance with accuracy and efficiency
• Recommend ideas for program development and process improvement
• Assist in the development of the Underwriting team through sharing knowledge and market intelligence, collaboration, and mentoring relationships

Benefits

• Employee Ownership Program - every eligible employee shares in the financial rewards that grow when the company grows
• Professional development opportunities
• Owner Referral Program
• Work from home reimbursement for remote/hybrid roles
• Burnalong digital health and wellness platform
• Canary emergency financial assistance program
• Comprehensive medical, dental, vision
• Life/AD&D Insurance
• Confidential, Employee Assistance Program
• Health Savings Account, includes company contribution
• Short-term disability
• Voluntary benefits - supplemental accident, critical illness, hospital insurance
• Employee discounts
• 401(k) Plan with company match contribution
• Various Time Off Programs
• 11 company paid holidays