E&S Underwriter

Berkley

108d • Remote

About The Position

Nautilus Insurance is seeking an E&S Underwriter for our Central Region. This group works with brokers and agents in the Central US. This role is remote and can be located in the Midwest states, Mountain states, or Texas. It can also be located in our Scottsdale AZ office on a hybrid schedule. The Senior Underwriter provides support to the underwriting process, making appropriate decisions within own underwriting assigned authority levels. Reviews insurance applications and processes accounts. Projects a professional company image through internal and external customer interaction. Assesses new and renewal accounts to determine acceptability based upon NIC underwriting guidelines and authority granted. 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. Establishes types and limits of coverage to be provided. Creates, analyzes and interprets data from various systems and underwriting resources. Responsible for monitoring production, profitability, and maintaining agency relationships. Collaborates with underwriting team as well as other departments on underwriting philosophy. Effectively communicates (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained. Consults with agency staff to obtain additional information on existing accounts. Promotes consistency amongst underwriting teams by contributing knowledge and soliciting feedback relative to underwriting philosophy and company goals. Maintains confidentiality with discretion and integrity with both internal and external information. Maintains familiarity with state laws and filing requirements within assigned territory to properly transact business within a state. Consults with underwriting team to determine if reinsurance is needed, and negotiates terms with designated reinsurer companies. Identifies and recommends changes to policy verbiage when standard text is not appropriate. Seeks manager approval before implementing. Monitors the amount of insurance in force on a single risk or group of closely related risks. Evaluates possibility of catastrophe losses and takes necessary action, as needed. Occasionally requested to assist with the development of special programs, underwriting procedures, and educational seminars. Composes reports and business correspondence such as travel summaries, agendas, and meeting minutes. Coordinates internal and/or external visits including but not limited to scheduling meetings, confirming staff availability, and arranging meals/entertainment. Provides guidance and support to less experienced team members within the department. Travel to agent offices and/or other external events is required. Performs other duties as assigned.

Requirements

• Bachelor's degree; AIS, ASLI, AU, and CPCU designations or completion of other insurance related classes is preferred.
• A minimum of three (3) years of experience as an insurance underwriter in commercial property or commercial casualty.
• Basic knowledge of computer programs in a Windows environment, including Word, Excel and email.
• Capability to learn and utilize various underwriting applications.
• Ability to compute rates, ratios, and percentages.
• Excess and Surplus lines background is beneficial.

Responsibilities

• Provide support to the underwriting process, making appropriate decisions within assigned authority levels.
• Review insurance applications and process accounts.
• Assess new and renewal accounts to determine acceptability based on underwriting guidelines.
• Verify issuance compliance with underwriting guidelines and address discrepancies.
• Establish types and limits of coverage to be provided.
• Create, analyze, and interpret data from various systems and underwriting resources.
• Monitor production, profitability, and maintain agency relationships.
• Collaborate with underwriting team and other departments on underwriting philosophy.
• Effectively communicate information to internal and external customers.
• Consult with agency staff to obtain additional information on existing accounts.
• Promote consistency amongst underwriting teams.
• Maintain confidentiality with discretion and integrity.
• Maintain familiarity with state laws and filing requirements.
• Consult with underwriting team to determine if reinsurance is needed and negotiate terms.
• Identify and recommend changes to policy verbiage.
• Monitor the amount of insurance in force on a single risk or group of closely related risks.
• Evaluate possibility of catastrophe losses and take necessary action.
• Assist with the development of special programs, underwriting procedures, and educational seminars.
• Compose reports and business correspondence.
• Coordinate internal and/or external visits.
• Provide guidance and support to less experienced team members.
• Travel to agent offices and/or other external events as required.

Benefits

• Paid Parental Leave for up to a maximum of 12 weeks.
• Medical, Dental, and Vision coverage options.
• Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices.
• 401(k) program, profit sharing, stock purchase plan.
• Life insurance and travel accident insurance options.
• One paid day off per year to volunteer at a local charity.
• Tuition Assistance and Industry-Related Education and Exam programs.
• Special cell phone service discounts with Verizon and AT&T.
• Cost-free access to thousands of exclusive travel and entertainment discounts through Plum Benefits.
• Flexible work arrangements.
• On-site newly renovated fitness center.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Administrative and Support Services
• Education Level: Bachelor's degree