The primary goal of this role is to underwrite both existing and new programs with minimal oversight from the Vice President of Specialty Product Underwriting. Additionally, the underwriter will offer general support to the underwriting functions and the specialty team.
Minimum Qualifications:
- Bachelor's degree or 15 years of commercial underwriting experience.
- 10 years’ experience with an insurance company or reinsurance company.
- Excess and Surplus Lines experience is a plus.
- Must have strong communication skills to build and leverage excellent customer relationships.
- Must be able to market products and services.
- Must have strong hands-on experience with various computer systems.
- Completion of or progression toward Chartered Property Casualty Underwriter (CPCU) designation is a plus.
- Understanding of the back-office function of portfolio management.
- Experience in Underwriting a wide range of business, including: property and liability risks.
- Good network of broker distribution.
- Progression towards Chartered Insurance Institute qualification.
Primary Job Functions:
- Responsible for Risk selection:
- Rejection
- Pricing
- Retention
- Growth and profitability focused
- Analyzes coverage and limit requests and decides what terms to offer.
- Prices business to ensure profitability.
- Ensures appropriate reports are used for reporting to Fortegra.
- Develops and maintains effective business relationships with internal and external customers, coworkers, including Reinsurers, Actuary, Marketing, IT and Claims.
- Interpret, explain, and market services and products.
Develops relationship with agents and brokers.
Applies underwriting rules and guidelines, rating manual rules and insurance laws and regulations.
May need to provide guidance and assistance to other team members.
Monitor the progress of each program to ensure maximum profitability is achieved.
Performs other duties as assigned.
The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.
Skills & Competencies Required:
- Requires some knowledge of a specialized function or skill
- Developing real trade craft and skills
- Excellent portfolio management skills
- Strong project management skills
- Good presentation skills
- Attention to detail
- Trustworthy, loyal, honesty and integrity
- Team player
- Results driven
- Entrepreneurial mindset
- People orientated
- Perseverant and hard working
- Highly motivated and takes responsibility for actions and results.
Additional Information:
Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.
