Senior Underwriter, Middle Market Solutions
About The Position
The Senior Underwriter is responsible for underwriting profitable new and renewal business targeting the P&C Private Equity industry segment. This includes taking ownership of large accounts and clients, overseeing negotiation of participation, pricing, and terms and conditions. The Senior Underwriter will develop and maintain strong relationships with both brokers and clients, and serve as a specialized technical expert or lead for at least one industry or product line, such as General Liability, Umbrella, Commercial Auto, Commercial Property, or Workers Compensation. This will be a hybrid role in Alpharetta, GA.
Requirements
- Risk Assessment and Management: Ability to assess risk inherent exposures and natural hazards
- Pricing and Market Mgt: Analyze current performance against benchmarks applying how the market operates and functions, the business needs and customer needs
- Contract Drafting and Interpretation: Design, develop and implement consistent, robust wordings
- Policy Management: Robust understanding of policy administration life cycle, information collection, policy issuance, premium bookings, credit control, cancellation
- Influencing Skills: Ability to persuade and motivate others to act, without executive authority
- Analytical Skills: Ability to effectively absorb information from various sources, then analyze, study or examine data in detail, and draw appropriate conclusions
- IT Skills (Office applications): Use general office application tools e.g. Power Point, Excel, Word
- A minimum of 3 to 5 years of Commercial Property & Casualty Underwriting experience.
- Undergraduate degree required.
Nice To Haves
- Middle Market experience is preferred
- Recognized established relationships with brokers at peer group level and within market
- Specialized understanding of regional / local insurance markets and competitor landscape
- Economics, Finance, Insurance Management, or Business Administration is preferred
- Completion of professional insurance qualification (e.g. CPCU) is preferred
Responsibilities
- Manage assigned broker portfolio of accounts to achieve efficient returns of profitability and growth
- Underwrite new and renewal accounts to meet top and bottom line targets
- Underwrite, maintain, and grow a profitable book of Property and Casualty business including Workers Compensation, General Liability, Automobile, and Umbrella/Excess placements within the Private Equity vertical.
- Specialist / Technical Expert in Product Line within Middle Market Business
- Ensure placing and binding of FAC Reinsurance prior to policy inception
- Acquisition of new business and retention of existing business including client and broker negotiations
- Manage complex referrals from underwriters and spokes and re-underwrite complex business as appropriate
- Proactively drive involvement of functional areas in Underwriting process, including e.g. MMC, ARC, Claims, Operations
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- a competitive 401k with generous matching
- PTO beginning at 20 days per year
- up to 12 paid company holidays per year
- 2 paid days of Volunteer Time Offer
- basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
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What This Job Offers
Job Type
Full-time
Career Level
Senior
