Senior Underwriter - Venture Underwriters

CRC Group

8d•Onsite

About The Position

Underwrites new and renewal business, approves policy changes, maintains workload, and controls written business up to and including the time of binding according to Company guidelines and established internal and external procedures. Provides leadership to a production/underwriting team. Provides high quality professional service to Agents and Companies. This role involves meeting or exceeding production goals, underwriting new and renewal business, developing and maintaining excellent relationships with clients, marketing all program products and services to clients, communicating properly and timely with all producers regarding submissions and decisions for new or renewal business, approving and disapproving endorsement requests according to internal and Company guidelines, monitoring accounts to ensure compliance with the firm's policies and procedures, monitoring production, hit ratios, renewal retention ratios, spread of risk, and other production and quality measures to minimize risk and predict future success, reviewing and handling policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.) appropriately, reviewing inspection reports and comparing to the conditions that were represented at the time of binding and taking appropriate or needed actions, and meeting or exceeding file documentation standards, complying with underwriting authority level standards and passing all audits - both internal and external. The position also requires maintaining necessary licenses to produce business.

Requirements

Must be able to understand and analyze necessary components of insurance policies.
Ability to understand the client's needs and have knowledge of the risk profiles associated.
Recognize new trends and developments in the insurance industry and be able to incorporate into strategies.
Must have knowledge of commercial multi-line underwriting and rating.
Must have ability to use company automation to include Windows, Delphi, Word, DocuCorp, Rackley ISO Rating Software.
Ability to develop, foster, and maintain an excellent working relationship with agencies.
Leadership and team playing skills.
Exercise discretion in making decisions.
Maintain current knowledge of the insurance industry.
Good written and verbal skills.
College degree or appropriate insurance designation required.
Five years of experience as an active Underwriter or seven years of experience in the insurance industry.
Must be licensed in corresponding areas of insurance as necessary.
Maintain travel schedule depending on the needs of clients, Agents, and new business.
Ability to work extended hours when necessary.

Responsibilities

Meet or exceed production goals as assigned by Management.
Underwrite new and renewal business.
Develop and maintain excellent relationships with clients.
Market all program products and services to clients.
Communicate properly and timely with all producers regarding submissions and decisions for new or renewal business.
Approve and disapprove endorsement requests according to internal and Company guidelines.
Monitor accounts to ensure compliance with the firm's policies and procedures.
Monitor production, hit ratios, renewal retention ratios spread of risk and other production and quality measures to minimize risk and predict future success.
Review and handle policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.) appropriately.
Review inspection reports and compare to the conditions that were represented at the time of binding and take appropriate or needed actions.
Meet or exceed file documentation standards, comply with underwriting authority level standards and pass all audits - both internal and external.
Maintain necessary licenses to produce business.
Provide leadership to a production/underwriting team.
Provide high quality professional service to Agents and Companies.