Underwriter

Starr Insurance•New York, NY

11d

About The Position

Starr is seeking an Underwriter to evaluate new and renewal property and casualty program submissions from managing general agent (MGA) partners, particularly niche and non-traditional risks. The role assesses program performance, loss history, actuarial reports, underwriting processes, and historical results to determine viability and recommend terms, pricing, and coverage structures. The Underwriter collaborates with MGA partners and internal teams on program guidelines, approvals, audits, and performance improvements, and keeps current with industry trends and regulatory changes. The position also serves as an underwriting contact for MGA partners and prepares reports and recommendations for management. Starr describes itself as a global commercial insurance company with more than a century of experience and an entrepreneurial culture. It offers training and development opportunities and is committed to an inclusive, equal-opportunity workplace. For individuals assigned and/or hired to work in New York, the stated reasonable estimate of the current wage range is $170,000.

Requirements

Bachelor’s degree in business, Insurance, Risk Management, or a related field.
At least 5 years of experience in P&C underwriting, preferably with program business or MGA relationships.
Demonstrated expertise evaluating and underwriting non-traditional or niche insurance programs.
Strong analytical and decision-making skills, including the ability to assess complex risks and develop creative solutions.
Excellent communication and interpersonal skills, with a collaborative approach to partner and team relationships.
Experience with insurance management systems.
Proficiency in Microsoft Office Suite.

Nice To Haves

CPCU, CIC, or other insurance designations.

Responsibilities

Underwrite new and renewal P&C program submissions from MGA partners, focusing on niche or non-traditional risks that demonstrate profitable results.
Analyze program performance data, loss history, and actuarial reports to assess viability and recommend terms, pricing, and coverage structures.
Collaborate with MGA partners to clarify program guidelines, underwriting criteria, and appetite, ensuring alignment with company objectives.
Participate in due diligence for onboarding new MGA partners and programs, including review of underwriting processes, controls, and historical results.
Assist in developing program-specific underwriting guidelines.
Coordinate with internal resources to obtain ultimate approval for new programs.
Partner with Programs Auditors to review audit findings, address underwriting-related issues, and implement corrective actions as needed.
Participate in post-audit reviews and collaborate on action plans to improve underwriting practices and program performance.
Stay current on industry trends, regulatory changes, and competitor activity to inform underwriting strategy and maintain compliance.
Serve as an underwriting contact for MGA partners, providing guidance, support, and education on underwriting standards and program requirements.
Communicate with internal stakeholders and MGA partners to resolve underwriting issues and share best practices.
Prepare and present underwriting reports, program analyses, and recommendations to management.