Sr. Specialty Underwriter

Philadelphia Insurance Companies•Las Vegas, NV

2d•Hybrid

About The Position

Philadelphia Insurance Companies is seeking a highly motivated and results-driven Senior Underwriter to support the continued growth and profitability of our Management and Professional Lines portfolio. Under limited direction and supervision, this experienced individual contributor will underwrite and market assigned products, manage a profitable book of business, and develop strong agency relationships while delivering underwriting excellence across Management Liability products. This position can be in AZ, UT, NV, MT, ID, OR, CO, WA, NM or WY. The successful candidate will bring advanced technical underwriting expertise, a consultative sales approach, and the ability to partner effectively with brokers, agents, and internal stakeholders to achieve business objectives. The role handles more complex underwriting issues with manager assistance as needed and contributes to the development of less experienced underwriters.

Requirements

Advanced technical knowledge of Financial Lines and Management Liability insurance products.
Strong analytical, financial analysis, and risk assessment skills.
Sales, marketing, negotiation, business development, and relationship management capabilities.
Excellent interpersonal, communication, and relationship-building abilities.
Ability to engage effectively with internal and external business partners at all organizational levels.
Ability to develop and execute territory marketing strategies.
Sound independent decision-making skills, advanced underwriting judgment, and the ability to handle complex issues with manager assistance as needed.
Ability to adapt and thrive in a dynamic business environment.
Proficiency with Microsoft Office Suite and underwriting-related systems.
Bachelor's degree and a minimum of 5 years of related industry or underwriting experience; an equivalent combination of education and experience may be substituted.
Demonstrated experience managing agency relationships, negotiating with producers and accounts, and managing a profitable book of business.

Nice To Haves

Professional designations such as RPLU, CPCU, ARM, or AU are preferred.

Responsibilities

Manage and grow a profitable book of business across the following products: Directors & Officers (D&O), Employment Practices Liability (EPL), Fiduciary Liability, Crime, Cyber, Workplace Violence and other Management Liability products.
Independently gather and analyze information and apply advanced underwriting techniques to evaluate risk acceptability.
Evaluate, select, and price risks in accordance with PHLY underwriting guidelines, established authority levels, and the department philosophy of underwriting profit by account and line of business.
Analyze financial statements, operational exposures, loss experience, and other risk characteristics to make sound underwriting decisions.
Prepare underwriting submissions and make recommendations or decisions within established authority limits.
Prepare and present proposals to producers and accounts, negotiating pricing, coverage terms, conditions, and endorsements for complex new and renewal business.
Identify cross-sell opportunities across PHLY commercial product offerings.
Mentor and train less experienced underwriters, sharing technical knowledge and effective underwriting practices.
Build, maintain, and strengthen relationships with assigned agency partners, producers, and brokers.
Develop territory and agency strategies to drive profitable growth.
Prepare for and participate in marketing activities, agency visits, stewardship meetings, and presentations to communicate PHLY products and value proposition.
Monitor production, retention, and profitability results and implement action plans as needed.
Participate in the producer management process.
Execute targeted marketing plans to attract new business opportunities.
Partner with agency partners to identify and develop prospective accounts.
Maintain awareness of industry trends, market conditions, and competitor activity.
Share market intelligence and underwriting insights with leadership and team members.
Partner with underwriting, claims, risk management, marketing, operations, and product management teams to support business objectives.
Deliver exceptional customer service to agents, brokers, and insureds.
Consistently meet service standards, turnaround times, and production expectations.