Excess & Surplus Underwriter, Personal Lines

Tower Hill Insurance Group - Gainesville, FL

Full-time - Mid Level

Gainesville, FL

Insurance Carriers and Related Activities

About the position

The Excess & Surplus (E&S) Underwriter, Personal Lines position at Tower Hill Insurance Group is crucial for the development and retention of a profitable high-value E&S Personal Lines portfolio. This role involves evaluating new and renewal business, determining appropriate premiums, and ensuring compliance with company guidelines. The ideal candidate will possess an entrepreneurial mindset and a proven track record in underwriting high-value properties exceeding $2 million.

Responsibilities

• Evaluate new and renewal business for homeowner's insurance, focusing on high-value homes and excess/surplus risks.
• Analyze property characteristics, inspections, location, and overall risk factors.
• Determine appropriate premium levels based on individual risk profiles, ensuring alignment with company guidelines and market standards.
• Recommend additional premium adjustments when necessary.
• Stay informed about industry trends, market conditions, and competitive landscape to make informed underwriting decisions.
• Work closely with agency partners and other stakeholders to gather necessary information and clarify risk details.
• Develop relationships with retail agents through close communication.
• Maintain accurate and thorough records of all underwriting decisions, risk assessments, and communications.
• Ensure compliance with all regulatory requirements and internal policies.
• Provide guidance to agency partners on underwriting requirements and risk management strategies for high-value properties.
• Participate in underwriting audits and performance reviews to identify areas for improvement.
• Mentor junior underwriters and participate in training programs to enhance team capabilities.

Requirements

• Bachelor's Degree or higher in Business, Marketing, Underwriting, Statistics, Finance, Risk Management or related field preferred.
• Minimum of two (2) years of relevant work experience in Underwriting, Pricing, Claims or Operations required.
• Experience in Excess & Surplus Personal Lines or Commercial Underwriting preferred.
• Insurance designations, Product Management Certifications, or Project Management Certifications are desirable.
• Valid Driver's License required.

Nice-to-haves

• Experience in Excess & Surplus Personal Lines or Commercial Underwriting preferred.
• Insurance designations, Product Management Certifications, or Project Management Certifications are desirable.

Benefits

• Opportunities for advancement
• Competitive benefits and rewards