The Senior Underwriter is responsible for evaluating, selecting, and underwriting policies within a designated coverage area, ensuring alignment with the standards and objectives of established insurance programs.
Serve in a lead capacity by managing workflows, providing direction, and assisting with staff training and development.
Evaluate new applications, endorsements and loss information to determine risk eligibility.
Apply underwriting guidelines, pricing models and company strategy to ensure profitable and sustainable risk selection.
Exercise sound judgment within delegated authority when making decisions regarding risk acceptance and pricing.
Assess and price risks based on exposure, loss history and prevailing market conditions.
Prepare and revise accurate, comprehensive quotes for agent consideration.
Identify and recommend pricing, or coverage adjustments, to enhance program competitiveness and profitability.
Review monthly renewals for potential pricing adjustments or non-renewal recommendations.
Maintain clear and professional communication with agents regarding renewals, coverage modifications and underwriting decisions.
Partner with Claims, Loss Control, Marketing and other departments to service accounts, address issues and support loss mitigation efforts.
Contribute to the refinement of underwriting guidelines, workflow improvements and system enhancements.
Support the adoption and optimization of underwriting technology tools to drive efficiency and performance.
Perform other duties as assigned.
Bachelor's degree in Insurance or related discipline; or equivalent combination of education and/or experience
Four or more years of multi-line property and casualty underwriting experience
Knowledge of the construction industry with specialized expertise in worker’s compensation
Ability to make sound underwriting decisions, manage complex accounts and maintain profitability
Skill in interpersonal interactions with the ability to collaborate across teams and build strong agent relationships
Skill in analysis, negotiation and problem solving
Skill in time management and prioritization with high attention to detail
Ability and commitment to maintain confidentiality and professional integrity
Proficient with Microsoft Office Suite and function specific software applications