Senior Technical Underwriter, GBU
About The Position
The Senior Technical Underwriter underwrites large property and casualty accounts, evaluates and develops special coverages, rates plans for clients, and assists with reinsurance transactions as required. The role also supports managers on key property and casualty underwriting and departmental workflow issues. The position handles large risks, consolidated programs, mergers and acquisitions, large deductible and self-insured retention programs, and other alternative risk mechanisms. It evaluates risk acceptability, binds coverages within delegated authority, responds to producer inquiries, and prepares quotations and formal proposals for new and renewal business. The underwriter also reviews profiles and referrals, provides technical guidance to underwriting staff, coordinates with internal departments, and contributes market intelligence and recommendations for new procedures and programs.
Requirements
- At least ten years of property and casualty insurance underwriting experience.
- Five or more years of experience with large casualty accounts.
Nice To Haves
- College degree or equivalent.
- CPCU or a related designation.
Responsibilities
- Underwrite and price large risks, consolidated programs, mergers and acquisitions, large deductible programs, self-insured retention programs, and other alternative risk mechanisms.
- Determine the acceptability of risks for underwriting.
- Bind coverages within the assigned authority level and answer producer inquiries.
- Prepare quotations and formal proposals for new and renewal business.
- Place and bind reinsurance as needed.
- Review and approve property and casualty profiles and referrals, ensuring documentation is timely, accurate, and compliant with Regional and Corporate standards.
- Provide technical input and guidance to property and casualty underwriting staff.
- Assist managers with overdues, workflow, and clerical issues within the unit.
- Communicate with management about issues within and outside the unit.
- Coordinate with Claims, Loss Control, Client Solutions, Accounting, Corporate, and other underwriting departments.
- Recommend new procedures and programs when warranted.
- Provide market intelligence on large accounts, including competitor strengths and weaknesses.
- Comply with applicable internal controls when performing job functions and administrative activities.
Benefits
- Competitive benefits package.
- Bonus eligibility in addition to base salary.
- Generous 401(k) match.
- People development and internal career opportunities.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
