Large Account Casualty Underwriter

Description:

Underwrite new and renewal business which includes solicitation, selection and pricing of complex multi-line risks (workers compensation, commercial auto, general liability). Pursue new large account opportunities throughout the territory. Maintain and develop prospects in order to have a strong base of future opportunities to build your large account book. Contribute to the development of broker and agency management strategies and lead the development and execution of relationship management plans.

Compensation Plan:

Starting base salary into the $165K range plus bonus eligibility. Excellent benefit plan including medical, dental, STD, LTD, generous PTO and more.

Responsibilities:

• Analyze, select and profitably price coverage for large loss sensitive commercial risks and determine terms and conditions of coverage on new and renewal business.
• Apply underwriting rules and guidelines, rating manuals, insurance laws, and regulations.
• Utilize a consultative selling approach to generate new business within underwriting standards.
• Analyze underwriting & marketing activities and corresponding results
• Prepare reports to management as needed.
• Mentor and provide technical training and guidance to coworkers.
• Determine, coordinate and direct account management activities with various departments.
• Negotiate and deliver proposals to producers and buyers.
• Develop and maintain client relationships and coordinate service team efforts.
• Identify opportunities for organizational improvement and recommend solutions.
• Demonstrate commitment to Company's Code of Business Conduct and Ethics.

Requirements:

• Bachelor's degree or equivalent experience required.
• Minimum of 4 years of casualty underwriting with an insurance carrier required.
• Understanding and technical knowledge of underwriting mechanics and fundamentals.
• Knowledge of casualty coverage and loss sensitive deal structures (retrospective rating, large deductible, prefund deductible).
• Knowledge of financial analysis, account management and collateral management is preferred.
• Knowledge of local and regional market conditions as well as industry trends.
• Knowledge of underwriting territory and strong relationships with local agents/brokers.
• Demonstrated proficiency in successfully marketing and prospecting for new business.