E&S Sr Brokerage Underwriter/ E&S UW Specialist (Hybrid)

Selective Insurance Company of America • Upper Dublin Township, PA

136d • $92,000 - $127,000

About The Position

The MUSIC E&S SR. Brokerage Underwriter/ E&S Brokerage Underwriting Specialist will support business growth and profitability goals within authority guidelines in a fast-paced environment with a focus on exceptional service to agency partners. Effectively manage incoming submissions from assigned agents through application of underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. Manage agency book of business as well as profit/growth results and trends. Provide expedient underwriting responses, service and guidance to General Agents. Mentor lower-level associates and to enhance underwriting knowledge.

Requirements

• Proficient in usage of all supplied desktop tools, including the automated underwriting and email systems.
• Ability to effectively communicate with internal and external customers/peers.
• Ability to adapt to change as the company moves forward in its strategic vision.
• Must have valid state-issued driver’s license in good standing and be able to drive an automobile.
• 7+ years of E&S underwriting experience preferred.
• College degree preferred.

Nice To Haves

• Insurance designations preferred: Chartered Property Casualty Underwriter (CPCU), Associate in Surplus Lines (ASLI), and Associate In General Insurance (AINS).

Responsibilities

• Manage, underwrite and drive E&S Brokerage new business growth in accordance with company goals.
• Gather, analyze and evaluate risk exposure for submissions that are received.
• Provide appropriate risk documentation and work within stated authority to provide quotes that support our growth and profitability goals.
• Demonstrate knowledge and understanding of coverage forms, rating plans and guidelines in the selection and pricing of individual risks.
• Evaluate risk hazards and ensure adequate pricing of individual risks through proper classification, accuracy of information and adherence to company underwriting standards and pricing philosophy.
• Determine appropriate solutions for agents and take necessary measures to obtain information needed to resolve inquiries/transactions efficiently.
• Work in unison with managing General Agents and other departments to grow and maintain a profitable book of business.
• Work with renewal staff supporting company goals of premium and retention.
• Provide guidance to General Agents and other departments regarding various underwriting information.
• Effectively communicate underwriting decisions and appetite to agents within assigned territory.
• Reinforce the ease of doing business with MUSIC by meeting or exceeding agent expectations and service quality on a consistent basis.
• Develop, build, and maintain collaborative working relationships with internal and external customers.
• Conduct continuous profit and growth analysis by territory and agency as assigned, making recommendations when necessary to improve outcomes.
• Monitor premium retention with the use of electronic reporting tools and make recommendations to improve assigned agents’ performance while working with management to implement.
• Provide internal reports for management as required.
• Effectively manage multiple workflows to ensure submissions and open quotes are handled efficiently to bind new business accounts.
• Enhance knowledge of industry information, products, and competitors.
• Provide technical advice and mentorship to lower level associates and other functional areas.

Benefits

• Comprehensive health care plans
• Retirement savings plan with company match
• Discounted Employee Stock Purchase Program
• Tuition assistance and reimbursement programs
• Paid time off plans

What This Job Offers

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