DescriptionWe are seeking an Underwriter to join our National Private Equity Practice for our Financial Lines / Private & Not-for-Profit Insurance Products. The PNP Underwriter will be accountable for the growth and profitability of private equity-backed accounts for the National Private Equity Practice.
See below for additional details on responsibilities.
Personal Book of Business:
- Financial performance including profit rate retention and growth of a personal book of business consisting of D&O EPL Fiduciary Employed Lawyers Crime K&R/Extortion and Workplace Violence lines of business.
- Successful market penetration and agency management including building maintaining and managing producer and customer relationships.
- Developing personal agency strategy and goals with continual monitoring of progress
- Identifying cross sell opportunities within commercial products and services on personal book of business
- Soliciting selecting and analyzing risk within PNP guidelines and ensuring proper documentation
- Developing and negotiating price coverage and terms and conditions for all new business and renewals and actively identifying account rounding opportunities
- Meeting with producers and renewal customers to make sales presentations including product education and new product roll out
- Collaborating with underwriters operations claims marketing and home office product management
- Consistently meeting service standards
- Collecting and sharing industry intelligence with team including industrytrending and development
Knowledge Skills and Abilities:
- Demonstrated technical expertise in Financial Lines/Management Liability insurance products
- Strong analytical skills
- Demonstrated proficiency in sales marketing and negotiations
- Strong interpersonal communication and negotiation skills
- Ability to effectively interact with all levels of internal and external business partners
- Experience developing and executing on marketing plans and prospects
- Ability to be creative and adaptable in a changing business environment while executing all Corporate Strategies
- Sound balanced and timely decision-making skills
- Knowledge of MicrosoftOffice Suite as well as other business-related software
Qualifications- Bachelors degree or equivalent experience
- Minimum 2 years experience in Private & Not-for-Profit Management Liability Underwriting
- Private equity-backed business underwriting experience preferred but not required
- Underwriter