Senior Underwriter, C&F Stop Loss

Crum & Forster • Eatontown, NJ

2d • $64,700 - $121,600 • Remote

About The Position

The Senior Underwriter is responsible for developing and managing a large block of stop loss business and partnering with our sales team to help grow the top line while ensuring we meet our target loss ratio. This is a unique opportunity to work with a high-quality team of leaders and benefit from the security and stability of a large organization while maintaining a nimble and responsive approach to business.

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

• Adept decision-making skills
• Effective relationship-building and interpersonal skills
• Strong verbal and written communication skills
• Service and sales orientation
• Excellent organizational and time management skills with ability to multi-task with an emphasis on quality and customer service
• Effective negotiation and influencing skills

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. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
• Tuition reimbursement
• Industry related certifications
• Professional training available
• A dynamic, ambitious, fun and exciting work environment.
• A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.

What This Job Offers

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