Senior Underwriter - Commercial Private (Hybrid NY or Remote Northeast)
Argo Group
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Posted:
August 5, 2023
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Onsite
About the position
Argo Group is seeking an Underwriter for their Private Commercial line of business. The role involves reviewing and pricing policies, interacting with brokers, managing underwriting territory, resolving disputes, and analyzing data. The ideal candidate should have a bachelor's degree, three-plus years of insurance experience, strong communication skills, and the ability to work independently. The job offers a competitive salary, annual bonus, and comprehensive benefits package. Argo Group is a global multiline underwriter of specialty insurance and reinsurance products, fostering an inclusive culture that values diversity and innovation.
Responsibilities
- Review and price policies based on underwriting guidelines and authority
- Utilize underwriting tools to determine accurate classifications, rates, and premium charges
- Communicate with brokers in person, via email, and by phone to obtain risk-specific details, negotiate terms and pricing, and explain company positions
- Manage assigned underwriting territory and monitor performance of assigned brokers
- Approve endorsements as necessary
- Resolve premium audit disputes within assigned territory
- Stay updated on state laws and regulations within assigned territory
- Analyze and interpret data from various reports/dashboards
- Conduct educational sessions within the department
- Perform other duties as assigned
- Bachelor's degree and three-plus years of related insurance experience or equivalent combination of education
- Three years of underwriting experience with authority, preferably in excess and surplus lines
- Proven track record of driving profitable growth
- Strong negotiation skills
- Excellent oral and written communication skills
- Previous insurance educational work and relevant designations preferred
- Detail-oriented with initiative and ability to work independently
- Excellent analytical skills
- Ability to travel
- Advanced knowledge of computer programs, including Word, Excel, and Outlook
Requirements
- Bachelor's degree and three-plus years related insurance experience and/or equivalent combination of education
- Three years underwriting experience with authority, preferably in excess and surplus lines
- Proven track record of driving profitable growth
- Demonstrates an understanding and ability to effectively engage in the negotiation process
- Strong oral and written communication skills
- Previous insurance educational work, IIA and CPCU designation strongly preferred
- Detail oriented with initiative and the ability to work independently in a fast-paced environment
- Excellent analytical skills
- Ability to travel
- Advanced knowledge of computer programs, including Word, Excel, and Outlook
Benefits
- Competitive compensation and merit-driven profit sharing
- Flexible workplace policies including compressed hours, flex-time, job-sharing, remote work, sabbatical leave, holiday and summer hours
- Comprehensive health, wellness, and financial planning options (including dental, disability, life insurance, medical, and vision insurance)
- Matching 401(k) retirement savings
- Generous paid time off (21 days of PTO, 11 paid company holidays, 3 floating holidays, and a paid voluntary day)
- Paid caregiver and parental leave
- Paid bereavement, jury duty/court appearances, and military leave (up to 14 days)
- Employee assistance program (EAP)
- Array of voluntary benefits
- Argo Academy for continuous learning and professional development
- Career mobility and continuing education opportunities
- Inclusive culture that develops and sponsors diverse teams
- Employee resource groups (ERGs) for cross-functional engagement and collaboration
- Active community outreach and volunteer programs
- Generous Employee Referral program