Junior Underwriter - Retail Excess Casualty

MSIG USA•New York, NY

3d•$90,000 - $105,000•Hybrid

About The Position

The Junior Underwriter is a developmental role designed for an insurance professional ready to build a career in underwriting. The position supports Retail Excess Casualty business while gaining hands-on experience in risk evaluation, pricing, renewals, new business, and broker relationship management.

Requirements

Bachelor’s degree
At least 1+ year (2+ year's preferred) insurance experience within underwriting support, insurance operations, or related industry experience.
Demonstrated interest in building a career in underwriting, with strong learning agility and motivation.
Strong analytical, problem-solving, organizational, and attention-to-detail skills.
Excellent written, verbal, and relationship-building skills.
Ability to work from the New York City office four days per week.

Responsibilities

Supports the underwriting and servicing of Retail Excess Casualty business, initially working under the guidance of experienced underwriters and within assigned underwriting authority.
Reviews new and renewal submissions to evaluate risk acceptability, identify missing information, and determine alignment with company appetite, guidelines, and underwriting standards.
Assists with underwriting analysis and due diligence, including the review of loss information, exposure details, financial information, policy terms, conditions, and other relevant risk factors.
Develops proficiency in rating and pricing accounts and applies appropriate pricing methodologies in accordance with company guidelines, filings, and applicable regulatory requirements.
Prepares underwriting files, quotes, and account documentation accurately and in accordance with internal and regulatory standards.
Reviews policy forms, terms, conditions, and endorsement requests with guidance from experienced underwriters.
Supports an assigned book of renewal business and progressively assumes responsibility for renewals and new business based on experience, demonstrated capability, and assigned authority.
Builds relationships with retail brokers and participates in broker and client meetings to support account retention, new business development, and the team’s continued growth.
Partners with internal teams, including Claims, Risk Engineering, and Marketing, as appropriate, to evaluate risks and support broker and client needs.
Continues developing technical underwriting knowledge, market awareness, and broker relationship skills through hands-on training, coaching, and shadowing.
Performs other duties as assigned.