Senior Underwriter, Commercial Excess

Berkley • Scottsdale, AZ

20h • Hybrid

About The Position

As an elite Excess and Surplus Lines market, Nautilus Insurance Group offers commercial property and casualty insurance solutions to appointed wholesale surplus lines producers countrywide. They have specialized in providing these solutions for more than 35 years, offering more flexible policy terms and premium rates on a non-admitted basis. Their focus is small to medium Property and Casualty risks on both an admitted and a non-admitted basis, distributed through partnerships with appointed wholesale surplus lines producers. Coverage is provided by Nautilus Insurance Company and Great Divide Insurance Company, both W. R. Berkley Corporation members with A.M. Best (Superior) A+ XV ratings. Nautilus Insurance is seeking a Senior Underwriter, Commercial Excess to join their team. This role can be located in their Scottsdale AZ headquarters, or remotely for a highly qualified candidate. This role contributes to driving company results with a strong focus on agency relationships and involves applying sound decision-making to underwrite business that contributes to a profitable Excess Casualty portfolio. Effective underwriting in the middle market binding space with working knowledge of General Liability, Commercial Automobile, Employer’s Liability, and light Professional Liability is essential.

Requirements

• Bachelor's degree; or at least two years of experience in a business or related field; or an equivalent combination of training and experience that provides the required knowledge, skills, and abilities.
• A minimum of five (5) years of experience in underwriting Commercial Umbrella/Excess business which includes extensive knowledge of Commercial General Liability and Commercial Automobile.
• Excess and Surplus lines background required.
• Strong existing marketing relationships within the MGA space with experience in a production underwriting role.
• In-depth underwriting expertise across general classes of business with the ability to handle complex accounts.
• Capability to learn and utilize various underwriting applications to determine accurate classifications and calculate rates and premium charges using approved rating methods.
• Excellent problem solving/decision making skills with the ability to influence others.
• Basic to intermediate knowledge of computer programs in a Windows environment, including Word, Excel and email.

Nice To Haves

• AIS, ASLI, AU, and CPCU designations or completion of other insurance-related classes is preferred.

Responsibilities

• Underwrite and analyze risk acceptability on light to moderately complex business by applying sound underwriting judgment and adhering to NIC company policies within established authority.
• Determine profitable rate/price and capacity offerings based on individual risk exposure.
• Handle an existing portfolio of Excess Casualty business ensuring profitability while maintaining the integrity of the product line.
• Reviews new and renewal accounts to verify issuance is in compliance with NIC underwriting guidelines, addresses discrepancies as needed and enters information into appropriate systems.
• Use multiple resources to gather and analyze information and use logic to underwrite complex risks.
• Creates, analyzes and interprets data from various systems and underwriting resources.
• Keep abreast of industry market trends, competition philosophy, products and distributions systems.
• Maintain and foster positive agency relationships.
• Negotiate skillfully in tough situations with both internal and external groups to settle differences in a professional manner.
• Collaborates with underwriting team as well as other departments on underwriting philosophy.

Benefits

• Paid Parental Leave! At Nautilus, we offer Childbirth Recovery Leave as well as Primary Caregiver Leave, for up to a maximum of 12 weeks of paid leave.
• Nautilus offers Medical, Dental, and Vision coverage options, along with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices
• We help our employees feel secure by providing a 401(k) program, profit sharing, stock purchase plan, life insurance, and travel accident insurance options.
• We provide every employee one paid day off per year to volunteer at a local charity.
• We take risk management excellence and your professional growth seriously by offering Tuition Assistance and Industry-Related Education and Exam programs.
• Employees are eligible for special cell phone service discounts with Verizon and AT&T.
• We participate in the Plum Benefits program offering employees cost-free access to thousands of exclusive travel and entertainment discounts.
• Flexible work arrangements
• On site newly renovated fitness center - free to use for employees. Yoga and other classes available for a nominal fee.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 101-250 employees