Senior Underwriter, Commercial Excess
Scottsdale, AZ - USA
Job Summary
Company Details
As an elite Excess and Surplus Lines market Nautilus Insurance Group offerscommercial property and casualty insurance solutions to appointed wholesale surplus lines producerscountrywide. We have specialized in providing these solutions for more than 35 years.
We have more flexible policy terms and premium rates on a non-admitted basis. Our focus issmall to medium Property and Casualty risks on both an admitted and a non-admitted basis.
Our offerings are distributed throughpartnerships withappointed wholesale surplus lines producers. Our relationshipsare defined by mutual success speed to market customer-centric focus and an expanded appetite.
Coverage placed by Nautilus Insurance Group is provided byNautilus Insurance Company and Great Divide Insurance Company both W. R. Berkley Corporation members with A.M. Best (Superior) A XV ratings.
Benefit Highlights:
- Paid Parental Leave! At Nautilus we offer Childbirth Recovery Leave as well as Primary Caregiver Leave for up to a maximum of 12 weeks of paid leave.
- Nautilus offers Medical Dental and Vision coverage options along with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices
- We help our employees feel secure by providing a 401(k) program profit sharing stock purchase plan life insurance and travel accident insurance options.
- One of our core values is Committed to Serve and these arent idle words. We provide every employee one paid day off per year to volunteer at a local charity. Thats serving with a smile!
- We take risk management excellence and your professional growth seriously by offering Tuition Assistance and Industry-Related Education and Exam programs.
- Can you hear us now Employees are eligible for special cell phone service discounts with Verizon and AT&T. Weve got a plum position for you! We participate in the Plum Benefits program offering employees cost-free access to thousands of exclusive travel and entertainment discounts.
- Flexible work arrangements
- On site newly renovated fitness center - free to use for employees. Yoga and other classes available for a nominal fee.
Responsibilities
Nautilus Insurance is seeking a Senior Underwriter Commercial Excess to join their team. This role can be located in our Scottsdale AZ headquarters or remotely for a highly qualified candidate.
This role contributes to driving company results with a strong focus on agency relationships. Apply sound decision-making to underwrite business that contributes to a profitable Excess Casualty portfolio. Effective underwriting in the middle market binding space with working knowledge of General Liability Commercial Automobile Employers Liability light Professional Liability.
- Underwrite and analyze risk acceptability on light to moderately complex business by applying sound underwriting judgment and adhering to NIC company policies within established authority.
- Determine profitable rate/price and capacity offerings based on individual risk exposure.
- Handle an existing portfolio of Excess Casualty business ensuring profitability while maintaining the integrity of the product line.
- Reviews new and renewal accounts to verify issuance is in compliance with NIC underwriting guidelines addresses discrepancies as needed and enters information into appropriate systems.
- Use multiple resources to gather and analyze information and use logic to underwrite complex risks.
- Creates analyzes and interprets data from various systems and underwriting resources.
- Keep abreast of industry market trends competition philosophy products and distributions systems.
- Maintain and foster positive agency relationships.
- Negotiate skillfully in tough situations with both internal and external groups to settle differences in a professional manner.
- Collaborates with underwriting team as well as other departments on underwriting philosophy.
Qualifications
- Bachelors degree; or at least two years of experience in a business or related field; or an equivalent combination of training and experience that provides the required knowledge skills and abilities.
- AIS ASLI AU and CPCU designations or completion of other insurance-related classes is preferred.
- A minimum of five (5) years of experience in underwriting Commercial Umbrella/Excess business which includes extensive knowledge of Commercial General Liability and Commercial Automobile.
- Excess and Surplus lines background required.
- Strong existing marketing relationships within the MGA space with experience in a production underwriting role.
- In-depth underwriting expertise across general classes of business with the ability to handle complex accounts.
- Capability to learn and utilize various underwriting applications to determine accurate classifications and calculate rates and premium charges using approved rating methods.
- Excellent problem solving/decision making skills with the ability to influence others.
- Basic to intermediate knowledge of computer programs in a Windows environment including Word Excel and email.
Additional Company Details
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.
We do not accept any unsolicited resumes from external recruiting agencies or firms.
Sponsorship Details
Required Experience:
Senior IC
About Company
Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.