Senior Underwriter, C&F Stop Loss

Crum & Forster • Morristown, NJ

2h • $64,700 - $121,600 • Remote

About The Position

This is a remote position within Crum & Forster’s Accident & Health (A&H) division, which offers a diverse portfolio of specialty insurance and reinsurance products nationwide. The Medical Business Unit (MBU) focuses on Employer Stop Loss, Excess Medical, Life, and Ancillary and Supplemental benefits. This role offers an opportunity to work with a high-quality team, benefiting from the security of a large organization while maintaining a nimble approach. The Senior Underwriter is responsible for developing and managing a large block of stop loss business, partnering with the sales team to drive growth and meet target loss ratios.

Requirements

• Bachelor's degree from an accredited college or university
• 6+ years of related work experience in underwriting and/or sales
• Well-developed knowledge of Employer Stop Loss
• Strong knowledge of underwriting philosophy, techniques, state and federal filing regulations and guidelines
• Strong computer skills and Microsoft Office skills including Outlook, Word, Excel and PowerPoint
• Knowledge of Connexure a plus
• Industry designations applicable to area of specialization a plus
• Willingness to travel multiple times per year to develop relationships

Nice To Haves

• Knowledge of Connexure a plus
• Industry designations applicable to area of specialization a plus

Responsibilities

• Demonstrate understanding and proper use of underwriting tools
• Apply underwriting rules, risk management principles and regulations to ensure compliance with all currently applicable corporate requirements and state and federal legislation
• Consistently apply underwriting best practices
• Maintain awareness of market trends, products, market participants and competitive practices
• Ability to articulate the department's value proposition
• Assist in developing annual business goals for assigned agents/producers; responsible for analyzing results and maintaining accountability of agency partners within the department
• Implement block renewal strategies using pricing tools, producer analytics, and intel from CFSL sales personnel
• Make independent decisions within underwriting letter of authority and maintains proper file documentation
• Manage assigned workload to meet productivity requirements and achieve annual business goals
• Develop sound Specific and Aggregate Stop Loss pricing recommendations for both prospective and in-force Employer Stop Loss accounts using multiple tools according to underwriting guidelines, including medical evaluations of ongoing large claims
• Accountable for profitability of your portfolio of business and all risk-based decisions; proactively take steps to manage profitability, persistency and growth.
• Consult with sales team to formulate a successful sales strategy
• Complete facultative approvals for less tenured underwriters and mentor when necessary
• Maintain strategic relationships with sales, brokers, third-party administrators (TPAs), and other
• Model high performance culture as a sales oriented, technically strong underwriter.
• Other duties as assigned

Benefits

• Flexible work arrangements
• Competitive compensation package
• Generous 401K employer match
• Employee Stock Purchase plan with employer matching
• Generous Paid Time Off
• Excellent benefits that go beyond health, dental & vision
• Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
• Tuition reimbursement
• Industry related certifications
• Professional training
• A dynamic, ambitious, fun and exciting work environment
• Matching donation program
• Volunteer opportunities
• Employee driven corporate giving

What This Job Offers

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