Underwriter, Property

Starr Companies • Los Angeles, CA

312d • $90,000 - $130,000

About The Position

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Requirements

• Bachelors degree in a related field such as business, finance or insurance
• Minimum of 3 years of relevant experience

Responsibilities

• Solicit and review new and renewal property submission from various production sources
• Analyze submitted documentation according to company underwriting standards and guidelines and request additional information
• Prepare and present quotation terms and conditions as submitted, subject to written underwriting authority
• Prepare written referral document for quoted terms or conditions outside underwriting authority and submit for approval to appropriate authority
• Review and approve binding terms and conditions for new and renewal business as well as endorsements and amendments to existing policies
• Prepare and approve insurance details for binders and reinsurance layoff sheets for underwriting assistants, in order to book and bill new and renewal accounts
• Set up or review and approve policy forms for all new and renewal policies according to binding terms for policy issuance by U/A including endorsements
• Review and approve final bound policy terms prior to mailing to broker/client in accordance with underwriting standards and guidelines
• Prepare and approve file documentation in accordance with file documentation procedures
• Prepare various Home Office reports as requested or required
• Other duties as may be assigned by manager

What This Job Offers

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