Executive Underwriter

Responsibilities • Build and maintain strong relationships to foster new business opportunities, identifying areas for growth within new and existing production sources. Position involves direct oversight of broker development and management within a book of business. • Develop risk pricing by analyzing exposures, claims experience, utilizing pricing tools and worksheets, comparison to similar risks, as well as experience in underwriting exposures pertaining to individual risks, for new accounts within assigned portfolio and authority level. • Collaborate with team members to achieve budgeted financial results (premium, loss ratio, retention, commissions, pricing, new business, premium collection, and expense management) as established for individual portfolios. • Supports the achievement of continued profitability, growth and/or operational efficiencies for a product line through assessment of competitor product offerings and market appetite • Remain current on legal and regulatory changes, claim development and emerging exposures/issues to contribute to unit product development and portfolio decisions. • Collaborates with Underwriting, Legal and Claims to drive product development strategies and initiatives supporting business objectives and ensuring product modernity/competitiveness • May take lead responsibility for position papers for emerging exposures/ issues when assigned. • Identify and take corrective action and/or collaborate with the appropriate area within the organization based on individual risk characteristics identified through broker reviews, large loss analysis, risk control, etc. • Coaches, leads and develops underwriters and directs the development of coverage and associated exposure training. • Keeps current with market trends and demands. • Performs other functionally related duties as assigned.

Qualifications

Required: • 15+ years of industry experience, including 10+ years in Excess and Surplus lines with specialized coverage and product knowledge for higher-hazard, complex risks, with a focus on construction, products liability, hospitality, and distressed premises risks. •BA/BS degree strongly preferred, or equivalent in experience • Knowledge of commercial Excess and Surplus lines risk, classification, pricing and coverage options with adherence to applicable statutory compliance issues and corporate guidelines. • Able to understand and execute to strategic priorities including; pricing strategy, agent strategy, rate strategy, underwriting appetite, limit management and mix of business. • Strong knowledge of the E & S external market and demonstrated marketing and business development experience within the wholesale distribution channel. • Advanced analytical skills to interpret business information drawn from multiple sources to take critical account decisions regarding quality of risk. • Excellent written and oral communication skills and ability to interact effectively with all levels in the organization • Keen influencing and negotiation skills are essential • Strong computer skills (Excel|Word|SharePoint) with demonstrated high accuracy output. • Ability and desire to travel up to 25% of the time within the assigned territory Preferred: • CPCU or other related Insurance Designation(s) preferred This job description is designed to provide a general overview of the requirements of the job and does not entail a comprehensive listing of all activities, duties, or responsibilities that will be required in this position. Apply Job!