Underwriting Technical Specialist, Inland Marine
Underwriting Technical Specialist, Inland Marine
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$ 148700 - 204500
1 Vacancy
Job Description
Argo Group is a leader in specialty insurance with a vibrant culture built on respect equality wellness and opportunity. Were an innovative organization thats small enough to be agile and big enough to make a difference in our industry.
Our collaborative workplace is continuously evolving to ensure all employees feel:
- Comfortable bringing their whole selves to work.
- Confident that they will be treated respectfully.
- Recognized for their performance and provided with equal opportunities to succeed.
At Argo skill meets opportunity. If youre wired to raise your hand and ask Where can I help youll thrive with us.
TheUnderwriting Technical Specialistwill support their assigned region and grow our Inland Marine business profitably with Wholesale and Retail distribution partners through effective underwriting of new business and renewals according to authority level and established guidelines participate in special projects and provide training for less experienced have responsibility over an assigned region niche area or large broker relationship. Expected to underwrite complex accounts and contribute to product development forms and rate calibration.
The primary duties and responsibilities of the role are:
- Meet the stated financial objectives around growth and profitability for an Inland marine portfolio.
- Create relationships with our customers and deliver our products and capabilities to help grow our share of wallet.
- Solicit risk opportunities evaluate the exposures and price to acceptable profit expectations based upon company underwriting guidelines and granted underwriting authority.
- Own the portfolio and take necessary underwriting and broker actions on the book of business in accordance with guidance provided by the segment.
- Partner with Account Manager on new and renewal processes and appropriate servicing of accounts during their life span.
- Resolve premium audit disputes within assigned territory.
- Utilize underwriting tools to determine accurate classifications rates and premium charges.
- Review state laws including cancellation and non-renewal within assigned territory to properly transact business within the state.
- Consult with general agents/brokers to obtain further information quote rates or explain underwriting guidelines.
- Create analyze and interpret data from various reports.
- Manage assigned underwriting territory including management of agents; build a pipeline of opportunities to meet new business objectives and retention of profitable accounts and establish appropriate visibility with our business partners.
- Actively participate in the achievement of monthly and annual profitability and production goals and objectives for assigned group.
- Be a key contributor and help build and selectively manage portfolios overall GWP LR and CR objectives.
- Ensure fully aware and informed of the evolving economic and insurance marketplace to ensure understand underwriting trends legal developments and concerns.
- Participate in special projects and assignments as requested.
Core qualifications and requirements for this position include:
- Bachelors degree from an accredited university and 8 years underwriting experience with experience underwriting and marketing or equivalent combination of education and experience.
- Minimum of 7-10 years of dedicated Inland Marine underwriting with clear progression of scope and responsibility
- Experience managing a book of at least $5M.
- Experience working with admitted and non-admitted wholesale and retail brokers and agents.
- Inland Marine UA Committee experience
- AMIM and/or CPCU preferred.
- Experience developing guidelines preferred.
- Experience training junior underwriters on underwriting practices.
- Demonstrates an understanding and ability to effectively engage in the negotiation process.
- Adept at risk selection exposure evaluation and ability to rate quote and sell admitted and non-admitted solutions for Marine lines of business.
- Familiarity with AAIS Forms and Inland Marine coverages.
- Excellent organization skills very strong analytical oral and written communication skills required. The ability to meet tight deadlines is essential.
- Strong customer service with a professional attitude and approach needed.
- Ability to interact and communicate with various levels of the organization to cross-sell or address processing requirements.
- Demonstrate significant contribution to underwriting profit.
- Continually seeks opportunities for niche products and potential agent opportunities.
- Experience in delivering presentations to internal and external audiences.
- Requires demonstrated experience in developing and implementing an annual department business plan.
- Recognized as a leader within the organization that provides advice and guidance to others.
- Proficient in the use of computer programs including Word Excel and Outlook.
- Strong computer skills required. Must be able to work closely with various support systems and understand and apply basic programming tactics.
- Ability to travel as needed and with short notice.
The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.
California Pay Range:
$148700 - $204500 USD
PLEASE NOTE: At this time Argo Group will not sponsor an applicant for employment authorization for this position.
If you have a disability under the Americans with Disabilities Act or a similar law and you wish to discuss potential accommodations related to applying for employment at Argo Group please contact our Benefits Department at .
To all recruitment agencies: Unless you have been requested to work on this position or other positions with Argo Group please do not forward any resumes to Argo Group employees. Argo Group is not responsible for any fees related to unsolicited resumes.
Argo Group International Holdings Inc. (Argo or the Company) is a wholly owned subsidiary of Brookfield Wealth Solutions Ltd. (BWS) a New York and Toronto-listed public company. Argo with over $8 billion of assets on its balance sheet is a leading underwriter of specialty insurance products in the property and casualty (P&C) market working with independent agents wholesale brokers and retail brokerage partners to deliver collaborative solutions for niche markets.
BWS is a leading wealth solutions provider focused on securing the financial futures of individuals and institutions through a range of wealth protection and retirement services and tailored capital solutions.
We are an Equal Opportunity Employer. We do not discriminate on the basis of age ancestry color gender gender expression gender identity genetic information marital status national origin or citizenship (including language use restrictions) denial of family and medical care leave disability (mental and physical) including HIV and AIDS medical condition (including cancer and genetic characteristics) race religious creed (including religious dress and grooming practices) sex (including pregnancy child birth breastfeeding and medical conditions related to pregnancy child birth or breastfeeding) sexual orientation military or veteran status or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.
The collection of your personal information is subject to our HR Privacy Notice
Our Benefits
Developing our employees professionally and personally strengthens our organization.
Argo Group offers an attractive Total Rewards package that includes:
- A culture that recognizes performance and empowers employees to excel offering competitive compensation and merit driven profit sharing.
- Workplace policies that support employee well-being include flex time and floating holidays.
- Comprehensive health wellness and financial planning options that employees can tailor to meet their personal and family needs. In addition to traditional health and wellness plans benefits include dental disability life insurance medical and vision insurance matching 401(k) retirement savings generous paid time off (21 days of PTO 11 paid company holidays 3 floating holidays and a paid voluntary day) paid caregiver and parental leave paid bereavement jury duty/court appearances and military (up to 14 days) leave employee assistance program (EAP) and an array of voluntary benefits.
- Argo Academy a digital and instructor-led platform that offers continuous learning and professional development Trainingmagazine lists Argo among the Training Top 125 Companies. Argo encourages career mobility and continuing education to pursue and maintain professional and industry designations in addition to traditional university and higher education programs.
- An inclusive culture that develops and sponsors diverse teams encourages cross-functional engagement and collaboration builds community through employee resource groups (ERGs) and provides an environment that welcomes ongoing dialogue creative innovation professional and personal development.
- Active community outreach and volunteer programs.
- A generous Employee Referral program that results in approximately 25% of all new hires annually.
Required Experience:
Unclear Seniority
Employment Type
Full Time
