E&S Sr Brokerage Underwriter

Selective Insurance Company of America • Upper Dublin Township, PA

2d • $96,000 - $125,000

About The Position

Underwrites new and renewal business within authorized authority guidelines. Administers and monitors underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. Reviews agency book of business as well as profit/growth results and trends. Provides service and guidance to General Agents. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Requirements

• Demonstrate proficiency in usage of all supplied desktop tools, including the automated underwriting and email systems.
• Demonstrated ability to effectively communicate with internal and external customers/peers.
• Demonstrated 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.
• College degree preferred
• Must have 5-7 years of underwriting experience

Responsibilities

• Gather, analyze and evaluate risk exposure through appropriate risk documentation. Adopt proactive actions and/or make proactive recommendations to improve risk profitability.
• Apply knowledge and understanding of coverage forms, rating plans and guidelines in the selection and pricing of individual risks. Ensure adequate pricing of individual risks through proper classification, accuracy of information and adherence to company underwriting standards and philosophy.
• Work within specific authority level to quote, accept, decline, modify and renew risks within territorial assignment in accordance with accepted underwriting guidelines. Work in unison with Managing General Agents and other departments to grow and maintain a profitable book of business.
• 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 and maintain effective working relationships with corporate, internal and external customers. Communicate openly and in a timely fashion. Participate in the development of team goals and work diligently to achieve them. Support all team decisions.
• Conduct continuous profit and growth analysis by territory and agency as assigned. Monitor premium retention with the use of electronic reporting tools. Provide internal reports for management staff as required.
• Must be able to drive an automobile to occasionally travel within territory. Car travel represents approximately 10% of employee’s time.
• Provides technical advice to lower level associates and other functional areas.
• Participates in any pricing meetings, budget reviews or company/agent sponsored events as required.

Benefits

• Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life.
• These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off.
• Additional details about our total rewards package can be found by visiting our benefits page.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees