ES Construction Underwriter
ES Construction Underwriter
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Salary Not Disclosed
1 Vacancy
Job Description
Company Details
Vela Insurance Services provides specialized Excess and Surplus Lines Casualty and Professional Liability insurance solutions in the following four market segments.: Construction Specialty Casualty Velocity Smal Business & Professional Liability. We offer national service and local knowledge to our exclusive wholesale broker network and the businesses they serve.
Responsibilities
The E&S Construction Underwriter will evaluate (selection and pricing) and maintain (control) risk acceptability and profitability within the companys underwriting guidelines and procedures for commercial risks with a focus on nonadmitted General Liability for middle market construction risks. The selected candidate will also manage and maintain strong wholesale broker relationships plus meet and maintain the production profitability and service standards established for the company. This role can be located in our Scottsdale AZ or Chicago IL offices or remote locations in Colorado Washington or Oregon.
Overview:
- Adhere to underwriting authority level as per on file with Manager.
- Gather underwriting information to properly evaluate commercial risks for acceptability within company guidelines. Underwrite for profit.
- Meet/Exceed production profitability and service targets.
- Ability to research and solve more complicated problems and make decisions.
- Determine final coverages and pricing for commercial risks.
- Review claims and loss information on individual risks. Use this information to identify and reevaluate accounts and develop strategy for dealing with exposures and frequency issues.
- As a team with the Manager manage the portfolio profitability and identify favorable and unfavorable classes of business.
- Maintain quality and time standards as established.
- Be informed/knowledgeable of industry issues and activities through formal educational processes to develop underwriting skills.
- Identify and cultivate brokers with new business opportunities.
- Regular and predictable attendance.
Perform other duties as assigned.
Qualifications
- BS/BA or commensurate experience and training.
- Minimum of 510 years commercial lines underwriting experience.
- Strong experience in Excess & Surplus Lines and Wholesale Brokerage Distribution.
- CPCU and/ or other professional designations preferred.
- Experience writing supported excess is preferred.
#remote
Additional Company Details
The Company is an equal employment opportunity employer.
Additional Requirements
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include:
Base Salary Range: $79000 $132000
Eligible to participate in annual discretionary bonus.
Benefits: Health Dental Vision Life Disability Wellness Paid Time Off 401(k) and ProfitSharing plans.
The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.
The application window for this role is estimated to be open through March 15 2025 but may be extended if necessary please submit your application as soon as possible prior to March 15 2025.
Sponsorship Details
Employment Type
Unclear
