Executive Underwriter (Casualty Excess & Surplus)

PalomarSan Diego, CA
$175,000 - $250,000Remote

About The Position

We are looking for an experienced Executive level underwriter to help build out our E&S Primary & Excess product lines. Successful candidates must be able to produce and manage a profitable book of business through a wholesale only, limited distribution model.

Requirements

  • 15+ years of insurance experience specifically underwriting in the E&S environment
  • CPCU and/or ARM professional insurance designation strongly preferred.
  • Entrepreneurial spirit and not risk adverse
  • Keen ability to “think outside of the box”
  • Able to quickly establish and build functional working relationships.
  • Drives for results and takes initiative to help support the team.
  • Ability to quickly learn and work in various technical platforms.
  • Professional, analytical, and adaptable attitude.
  • Willing to travel nationally for reinsurance and wholesale partner development.
  • Ability to organize, self-prioritize, and be an initiative-taker in a challenging environment with demanding internal and external deadlines.

Nice To Haves

  • Build strong relationships through transparency, trust, and respect for each other.
  • Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
  • Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
  • Do the right thing with strong conviction and integrity.
  • Be bold and innovative to help make an impact.
  • Demonstrable track record of working autonomously and driving progress
  • Be intellectually curious, think creatively, and pragmatic

Responsibilities

  • Select, price, quote and review new & renewal business in accordance with company underwriting guidelines and experienced, underwriting judgment
  • Independently work with wholesale distribution channels to appropriately select risks, evaluate, and recommend program structure, services, and pricing to achieve a balanced portfolio and long-term profitability.
  • Identify, develop, and maintain strong business relationships to drive consistent opportunities for new business placement, as well as retain existing accounts.
  • Specific experience or fundamental ability to present & defend book dynamics/profile in reinsurance treaty meetings.
  • Utilize facultative relationships/capacity to maintain prescribed net positions with the Palomar E&S portfolio.
  • Be well versed in underwriting Primary and Excess Construction and/or Excess Non-construction risks in the E&S space.
  • Evaluate reinsurance requirements and implement appropriate action, including treaty adherence and facultative solutions.
  • Assist in the mentoring/coaching of junior underwriters.
  • Share industry specific knowledge with underwriters of all levels while performing as a technical underwriting resource.
  • As a unit leader, set the example of expected performance by producing new business in addition to the required product management duties.
  • Actively continue to improve personal knowledge and practices of the insurance industry through work experience, in-house instruction, insurance specific designations (e.g., CPCU), industry courses, home office seminars and workshops, etc.
  • Assist in the Junior Underwriter mentoring process.

Benefits

  • Full Suite of Medical Benefits
  • Long Term Financial Incentives – STOCK!
  • 401k with 3.5% Automatic Fully Vested Employer Contributions
  • Competitive PTO + Holiday Program
  • Lifestyle Spending Allowance
  • Professional Development Assistance
  • Career Exploration Opportunities
  • Regular company-wide social events (even virtually!)
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