Underwriter - MPL/LPL
About The Position
The Underwriter/Sr. Underwriter (MPL) is responsible for building and maintaining a book of Professional Liability business, including MPL, standalone or with Cyber and Multimedia coverage, and Lawyers Professional Liability, both primary and excess. Work includes following underwriting guidelines, rating manuals and rules promulgated by the actuaries and MPL/LPL product management teams, the review of insurance applications, quoting and binding of insurance within the authority delegated to the underwriter. This includes working with brokers in the underwriter’s assigned territory to solicit business and market the company’s products, through phone calls and in person interaction/travel.
Requirements
- Experience with Miscellaneous Professional Liability Errors & Omissions and Cyber Insurance products.
- Bachelor’s degree and 3+ years of relevant underwriting experience.
- Strong analytical skills; exceptional attention to detail.
- Self-directed, strong organizational skills.
- Solid computer skills including Word, Excel: email & internet based technology.
- Solid verbal and written communication, as well as, math skills.
- Ability to work in a fast-paced environment, and collaboratively.
- Will abide by departmental policies and procedures, including authority levels, to comply with C&F’s risk management controls.
Responsibilities
- Achieve underwriting production, profitability and other financial targets for assigned brokers.
- Work with assigned brokers to market MPL/LPL insurance products, including traveling, as needed.
- Assist the team leadership in the development and enhancement of new and existing products.
- Communicate to management concerns of key brokers, market opportunities.
- Ensure policy transactions are rated, booked, invoiced and issued accurately and meet the corporate time service standards. Transactions include quotes, new business, renewals, endorsements and cancellations.
- Generate insurance quote letters and binder letters for MPL and related products per underwriter instructions.
- Policy issuance.
- In-force account management and servicing.
- Assist in quality verification of all policy transactions, processes and procedures.
- Electronically print documents into the imaging system/electronic underwriting file, page mark and label the documents appropriately adhering to the corporate protocols.
- Communicate, as needed, with producers to obtain information needed to complete transactions, etc. Contribute to service excellence by answering producer questions regarding policy status and insurance inquiries.
- Other duties as assigned.
Benefits
- Flexible work arrangements.
- Competitive compensation package.
- Generous 401K employer match.
- Employee Stock Purchase plan with employer matching.
- Generous Paid Time Off.
- Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
- A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
- A dynamic, ambitious, fun and exciting work environment.
- A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
