Senior Underwriter, Insurance
Senior Underwriter, Insurance
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$ 125000 - 175000
1 Vacancy
Job Description
Our goal is topartner with industry-leadingspecialty businesses to provide them with the ability to achieve their goals and optimize their businesses. Specialty Program Group offersaccess to capital and investment deep carrier relationships creative thinking product development and broad distribution while allowing our businesses to maintain the essence of what makes them successful. Specialty Program Group deliversleading-edge specialty expertisebacked by transformativedigital capabilitiesand sophisticateddata and analytics.
About Encore Fiduciary:
At Encore Fiduciary we strive to be best-in-class underwriters in professional and management liability insurance niches in which we have demonstrated expertise and expertise. We earn our business by providing value to broker partners and policyholders with management liability expertise thought leadership and risk management for our client. As a Senior Underwriter you will play a critical role in growing our business by supporting our leading thought leadership and advocacy for our plan sponsor policyholders.
Job Summary:
To underwrite profitable new and renewal business opportunities in Encore Fiduciarys fiduciary and management liability underwriting departments by:
Servicing the renewal book producing new business underwriting and account management of management liability fiduciary liability miscellaneous professional liability and other professional liability accounts
Building relationships with brokers and clients to meet/exceed divisional growth goals.
Exercising discretion and independent judgment in the analysis and evaluation of the risk.
Making independent sales calls to market and cross-market products.
Negotiating with brokers within the limits of delegated authority in accordance with established underwriting standards to achieve profitable objective.
Key Responsibilities:
Underwrite new and renewal submissions with an emphasis on risk analysis coverage and price. Indicate quote request additional information or decline in accordance with established guidelines authorities and procedures outlined by the insurance carrier and/or the department.
Review expiration/renewal lists with the Underwriting Technician and identify accounts to be non-renewed.
Develop over time an expertise in fiduciary liability insurance for multiemployer governmental and for-profit plan sponsors.
Review loss runs from insurance carriers and review risks for frequency or severity of claims.
Research underwriting issues and marketplace conditions and report to underwriting and marketing team to maintain competitive edge and industry awareness.
Foster producer relationships by actively making marketing telephone calls and on occasion accompany the marketing team for an office visit.
Research and resolve underwriting issues with manager or insurance company on a per account basis.
Adhere to Departmental agreed upon turnaround/servicing standards for all facets of underwriting.
Maintain a solid working relationship with insurance carrier and agents/brokers.
Demonstrate the ability to articulate coverage differences and company stances to brokers.
Develop comprehensive referrals for the management team to review or for carrier approval.
Perform other duties and projects as assigned by management.
Qualifications:
College degree and/or professional designation preferred.
Must have minimum 5-7 years experience underwriting management liability and/or professional liability insurance lines specifically Fiduciary D&O EPL Cyber Crime Investment Advisors and/or E&O insurance
established/existing relationships with retail or wholesale brokers that specialize in management liability insurance
experience underwriting private companies preferred
Ability to function well in a team as well as with people from all levels of the industry internally and externally.
Excellent written and oral communication skills.
Detail oriented with strong mathematical skills.
Self-motivator; ability to take initiative; possesses drive.
Ability to present oneself in a professional manner.
Customer service oriented.
Ability to work independently and with minimal supervision.
Ability to handle multiple tasks in a fast-paced environment.
Ability to perform well under pressure.
Ability to operate a computer proficiently using a Windows environment.
Disclosure required under applicable state or municipality regulations: The expected salary range for this position is $125000 to $175000 and will be impacted by factors such as the successful candidates skills experience and working location as well as the specific positions business line scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance FSA HSA and 401(k) accounts paid-time-off benefits and eligible bonuses equity and commissions for some positions.
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HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity national origin religion age color sex sexual orientation gender identity disability or veterans status or any other characteristic protected by local state or federal laws rules or regulations.
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Required Experience:
Senior IC
Employment Type
Full-Time
