Sr. Underwriter, Cyber/Tech/E&O

Markel Service • Los Angeles, CA

79d • $92,000 - $127,000

About The Position

The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to authority level and established guidelines. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers. Communicate with underwriting management and product line leader on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate. Underwrite and select new business that will produce an underwriting profit. Review submissions and identify exposure and risk from information provided. Review terms, conditions and pricing. Underwrite renewal business and handle related servicing. Implement corrective measures on renewal accounts as needed. Participate in audits and/or underwriting meetings as required.

Requirements

• Minimum 2-3 years of underwriting expertise in E&O & cyber.
• Experience with retail & wholesale brokers desired.
• Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
• Four year college degree and/or working on RPLU or similar designation preferred.
• Excellent oral and written communication skills.
• PC literate with emphasis on Word, Excel and PowerPoint.
• Strong analytical and organizational skills.
• Must be a team player that enjoys a flexible and spontaneous business environment.
• Up to 25% travel when appropriate.
• US Work Authorization required.

Responsibilities

• Underwrite new business and renewals profitably according to authority level and guidelines.
• Utilize underwriting tools for accurate classifications, rates, and premium charges.
• Understand state laws regarding cancellation and non-renewal.
• Assist with resolving premium audit disputes.
• Communicate with underwriting management and product line leader on accounts and producers.
• Review submissions to identify exposure and risk.
• Underwrite renewal business and handle related servicing.
• Implement corrective measures on renewal accounts.
• Participate in audits and underwriting meetings.

Benefits

• Multiple health, dental and vision insurance plan options.
• Optional life, disability, and AD&D insurance.
• 401(k) with employer match contributions.
• Employee Stock Purchase Plan.
• PTO, corporate holidays and floating holidays.
• Parental leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree