Captives Specialist

Midwest Employers Casualty Company • Morristown, NJ

280d

About The Position

The Executive Underwriter, Captives is responsible for the appropriate underwriting of new and renewal WC/AL/GL captive programs. This includes executing objectives related to production and profitability goals; demonstrating underwriting discipline; appropriately underwriting accounts; effectively negotiating with brokers; and consistently delivering MEC's value proposition. The position is based in Morristown, NJ, and is part of a friendly, results-focused work environment at Midwest Employers Casualty (MEC), a member of the W. R. Berkley Corporation.

Requirements

• Bachelor's degree or equivalent work experience, preferably in Insurance or Business.
• 10+ years of workers' compensation, auto liability, and general liability insurance experience.
• Captive experience is a plus.
• Technically competent with Excel, Word, PowerPoint, and Operational systems.
• Strong analytical skills and ability to make sound business decisions.
• Effective written, oral, and listening communication skills.
• Ability to build trust and gain credibility with business partners and co-workers.
• Ability to work in a team-oriented, collaborative environment.
• Strong customer service skills.
• Ability to remain calm, focused, and confident in all situations.
• Highly self-motivated and directed.
• Advanced time management and follow-through skills.
• Ability to travel 30% or less.

Responsibilities

• Manage assigned captive programs to attain profitability and growth objectives.
• Maintain awareness of MEC's financial forecast plan and work closely with team members to achieve the plan.
• Meet or exceed renewal account retention, premium, and loss ratio goals.
• Exhibit commitment and coordinate with the Captives business development staff to achieve growth objectives.
• Demonstrate underwriting discipline through adherence to MEC's underwriting approach and guidelines.
• Demonstrate sound technical knowledge regarding primary and excess/deductible workers' compensation, auto liability, and general liability insurance.
• Manage assigned captive programs via thorough analysis of risk, establishment of appropriate terms, and appropriate documentation.
• Demonstrate excellent negotiation skills to achieve account-level goals.
• Develop relationships and deliver exceptional customer service to brokers, captive managers, and customers.
• Remain knowledgeable and up to date regarding MEC resources, services, and outcomes of recommended services.

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree