Senior Underwriter, E&S Property

MSIG Holdings•Addison, TX

17h

About The Position

The Senior Underwriter produces, underwrites, and manages a profitable portfolio of commercial property business, with an emphasis on E&S and complex property risks. The role independently evaluates and structures risks, develops new business, manages portfolio performance, and builds broker relationships to support profitable nationwide growth. The Senior Underwriter exercises independent underwriting judgment while balancing production, growth, and profitability objectives. The position independently underwrites, prices, negotiates, and manages complex commercial property risks within delegated authority and established guidelines. It evaluates new and renewal submissions and structures complex accounts, including large property risks and shared and layered placements. The role develops business through broker relationships, manages assigned portfolio results, monitors market and portfolio trends, and partners with internal and external stakeholders to pursue appropriate insurance solutions. This position has no supervisory responsibilities. MSIG USA describes itself as the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., a global property and casualty insurance group with a reach spanning more than 40 countries and regions.

Requirements

Bachelor’s degree.
At least 3 years of direct E&S Property and/or shared and layered commercial property underwriting experience, including independent underwriting and management of complex property risks; alternatively, at least 5 years of broader commercial property underwriting experience with demonstrated progression in underwriting authority, account complexity, and portfolio responsibility.
Strong knowledge of commercial property exposures, catastrophe-exposed business, risk selection, pricing, coverage structures, terms and conditions, and portfolio management.
Demonstrated track record of developing and producing new business while maintaining underwriting discipline and profitability.
Ability to independently manage a book of business and exercise sound underwriting judgment within delegated authority.
Strong broker development, negotiation, and relationship-management capabilities.
Ability to identify, develop, and convert new business opportunities while maintaining strong risk selection and underwriting discipline.
Strong business acumen and ability to balance production, growth, retention, and underwriting profitability.
Strong organizational and analytical skills, including ability to manage multiple priorities and complex accounts in a fast-paced, production-oriented underwriting environment.
Excellent verbal and written communication and negotiation skills.

Nice To Haves

Experience underwriting large commercial property accounts, shared and layered property programs, and/or construction-related property risks.
Established relationships with wholesale brokers and other key Property distribution partners.

Responsibilities

Independently underwrite, price, negotiate, and manage complex commercial property risks within delegated authority and established underwriting guidelines.
Review and evaluate new and renewal submissions, including exposures, construction, occupancy, protection, catastrophe and natural-hazard exposure, loss history, valuation, financial information, and other underwriting considerations.
Underwrite and structure complex property accounts, including large property risks and shared and layered placements, as applicable.
Develop and produce new business through established and prospective broker relationships, identifying opportunities aligned with underwriting strategy, appetite, and profitability objectives.
Build and maintain strong relationships with wholesale brokers and other key distribution partners.
Manage an assigned portfolio, with accountability for premium growth, new business production, retention, rate, profitability, and overall portfolio quality.
Determine appropriate pricing, terms and conditions, limits, deductibles, coverage structures, and risk acceptability within assigned authority.
Negotiate with brokers while balancing growth objectives with underwriting discipline and portfolio quality.
Monitor market conditions, competitive dynamics, catastrophe exposure, emerging risks, and portfolio trends to inform underwriting and business development decisions.
Partner with brokers, Risk Engineering, Claims, Actuarial, and other internal stakeholders to evaluate complex risks and develop insurance solutions.
Clearly communicate underwriting decisions and maintain accurate, complete account documentation in accordance with underwriting standards, delegated authority, regulatory requirements, and internal controls.
Contribute technical underwriting and market expertise to broader underwriting initiatives and collaborate with colleagues on business and portfolio objectives.