AVP Underwriter - D&O

Core Specialty Insurance Holdings, Inc.•Cincinnati, OH

6d•Hybrid

About The Position

- Examination & analyzing of submissions forwarded to Core Specialty by broker partners to determine if the risk is a targeted class of business and subsequently to determine appropriate limits, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk. Key Accountabilities/Deliverables: Execution of D&O business plans and objectives including: Build Core Specialty’s reputation and presence in the product liability market Provide prompt and accurate customer service on policy transactions Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies Provide documented evidence of underwriting activities and decisions in files as required Support Company and Department goals and objectives Build Core Specialty’s relationships with our broker partners In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require. Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance and Core Specialty’s shared values, including putting clients at the heart of our business. At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. Core Specialty offers a diversified range of property and casualty insurance products for small to mid-sized businesses. From underwriting offices spanning the U.S., the Company focuses on niche markets, local distribution, and superior underwriting knowledge, offering traditional as well as innovative insurance solutions to meet the needs of its customers and brokers. For further information about Core Specialty, please visit www.corespecialtyinsurance.com. In compliance with the Transparency in Coverage rule, issued in 2020 by US Departments of Health, Human Services, Labor and Treasury our health plan’s machine-readable files (MRFs) can be accessed via www.Cigna.com.

Requirements

Strong knowledge of Private D&O underwriting industry
Knowledge of Private D&O underwriting practices, coverage & pricing/rating methodologies
Strong knowledge of producer & competitor marketplace
Strong knowledge of targeted industries
Strong knowledge of insurance company operations
Solid understanding of policy wordings and clauses
Up-to-date knowledge of the insurance market environment
Bachelor’s degree or equivalent relevant experience
Ability to travel monthly within the region to meet assigned brokers in the region
5 Plus years’ experience in D&O Underwriting
Applicants must be authorized to work for any employer in the U.S.

Nice To Haves

Industry designation such as RPLU or similar is a plus

Responsibilities

Examination & analyzing of submissions forwarded to Core Specialty by broker partners to determine if the risk is a targeted class of business
Determine appropriate limits, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk
Execution of D&O business plans and objectives
Build Core Specialty’s reputation and presence in the product liability market
Provide prompt and accurate customer service on policy transactions
Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies
Provide documented evidence of underwriting activities and decisions in files as required
Support Company and Department goals and objectives
Build Core Specialty’s relationships with our broker partners
Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance and Core Specialty’s shared values, including putting clients at the heart of our business