Senior Construction Underwriter

Tokio Marine HCC • New York, MA

10d • $94,200 - $164,300 • Remote

About The Position

Tokio Marine HCC is seeking an experienced E&S Construction Underwriter to develop and manage a profitable middle-market construction book of business. The role focuses on underwriting larger, more complex contractor accounts, marketing to brokers, building business relationships, identifying new opportunities, and independently developing and growing an assigned territory. The successful candidate will make sound underwriting decisions with minimal supervision and take ownership of profitable book growth.

The underwriter evaluates new and renewal applications, assesses risks, determines acceptability and pricing, and approves or denies submissions within their authority or recommends decisions to higher authority. The role also includes responding to broker inquiries, maintaining underwriting documentation, following company guidelines and policies, cultivating relationships, and supporting departmental staff. Occasional travel of up to 25% may be required.

Requirements

• At least 5 years of E&S construction underwriting experience; the role profile specifies relevant and progressive middle-market contractors E&S experience.
• Experience underwriting middle-market construction accounts, including larger and more complex contractor accounts rather than primarily small-business or artisan accounts.
• Demonstrated ownership of a sizeable book of business, ideally $3 million–$5 million or more.
• Experience marketing to brokers and developing business relationships.
• Ability to work independently and build a territory with minimal supervision.
• Bachelor’s degree or equivalent education and/or experience.
• Strong production and business-development mindset.
• Valid driver’s license required.

Nice To Haves

• Studies toward an RPLU, CPCU, AU, CIC, or equivalent insurance designation, depending on specialty area.
• Senior-level experience exceeding the minimum qualifications.
• Experience managing a book of business of $3 million–$5 million or more.

Responsibilities

• Evaluate new and renewal policy applications and related documents to classify and assess risks, determine acceptability, assign ratings, indicate endorsements and limits, and determine pricing.
• Contact and respond to verbal and written broker inquiries within designated timeframes, providing information and underwriting support.
• Create and maintain physical and electronic documentation, including bound files, underwriting worksheets, phone conversation records, and other required documents.
• Adhere to company underwriting authority directives, guidelines, policies, and procedures.
• Approve or deny submissions within assigned authority, or recommend approval or denial to higher authority.
• Cultivate internal and external relationships to facilitate underwriting, promote business development, and stay informed about industry trends.
• Serve as a resource to departmental staff on underwriting procedures and guidelines.
• Develop an understanding of factors that affect policy rating and risk.
• Market to brokers, identify business opportunities, and independently develop and grow an assigned territory.

Benefits

• Competitive salary and comprehensive medical, vision, and dental benefits, with eligibility beginning on the date of hire.
• Ongoing learning and development opportunities.
• Basic life and disability insurance.
• 401(k) plan with a 6% company match.
• 20 days of PTO, two floating holidays, approximately 11 paid holidays, and volunteer time off.
• Paid parental leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior