Underwriting Consultant, Allied Health – Large and Complex
CNA Insurance
Production Underwriting Specialist, Ocean Marine
Cisco
full-time
Posted on:
Location: 🇺🇸 United States
Visit company websiteSalary
💰 $108,100 - $168,820 per year
Job Level
SeniorLead
About the role
- Great American Insurance Group's Ocean Marine Division seeking Senior Production Underwriter/Production Underwriting Specialist to focus on Hull, Marine Liabilities and Cargo.
- Hybrid position based in New York, Windsor, or Boston offices.
- Leads evaluation and underwriting of new and renewal business ensuring alignment with Company underwriting guidelines and risk appetite.
- Analyzes complex risk data to make informed decisions on coverage, pricing, and terms.
- Collaborates with actuaries, agents, brokers, and clients to obtain necessary information and provide guidance.
- Procuring and analyzing supplementary reports and screenings to support underwriting decisions.
- Ensures proper documentation of underwriting decisions and compliance with state and federal insurance regulations.
- Evaluates complex policy renewals and modifications identifying opportunities for policy enhancements and risk mitigation.
- Communicates underwriting strategies and decisions effectively to internal teams agents and brokers.
- Stays updated on industry trends regulatory changes and market conditions.
- Maintains effective business relationships with internal and external customers/coworkers focusing on generating new business and retaining profitable business.
- Interprets explains and promotes products and services to drive market growth.
- Leads development and execution of marketing strategies to promote company’s products to brokers and agents.
- Analyzes market trends and competitive landscape to identify strategic opportunities for product enhancements and innovative marketing approaches.
- Leads marketing initiatives including presentations industry events and broker/agent meetings to showcase company’s products and services.
- Monitors and evaluates underwriting and marketing practices assisting with implementing strategic adjustments to improve overall effectiveness and outcomes.
- May have responsibility for performance and coaching of staff and may have a participatory role in decisions regarding talent selection development and performance management for direct reports.
- Performs other duties as assigned.
Requirements
- Bachelor’s Degree in Business, Marketing, Economics, Risk Management and Insurance, or a related field or equivalent experience.
- Generally, a minimum of 9 years of experience in Underwriting or a related field.
- Completion of or continuing progress toward a professional designation preferred, such as Associate in Underwriting (AU), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC), Program in General Insurance (INS) or Associate of Risk Management (ARM), or a marketing designation.
- Works with significant latitude and authority on complex assignments.
- Maintains advanced knowledge of company policies and industry laws and regulations.
- Excellent interpersonal and communication skills.
- Demonstrates advanced analytical, risk assessment, and problem-solving skills.
- Advanced negotiation and decision-making ability.
- Position requires occasional travel.
