Underwriting Associate
EMC Insurance Companies
Vice President – Underwriting – Representations & Warranties
Distinguished Programs
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇺🇸 United States
Visit company websiteSalary
💰 $150,000 - $250,000 per year
Job Level
Lead
About the role
- Develop and implement underwriting strategies, manages risk appetite, and optimizes profitability for representations and warranties insurance products, while adhering to the highest standards of regulatory and ethical compliance.
- Create policy terms and conditions, pricing, policy structure, and make coverage recommendations.
- Champion underwriting excellence by establishing and enforcing robust risk appetite, standards and guidelines.
- Analyzes complex contracts, insurance policies and binder agreements, assesses potential liabilities, and identify hidden risks to inform underwriting decisions.
- Cultivate strategic partnerships to drive new business, secures profitable deals, and provide customized client solutions.
- Monitor changes in corporate, transactional and insurance laws and regulations to ensure compliance and adapt underwriting practices accordingly.
- Stay ahead of industry trends, conduct research of new sectors, and develop innovative coverage solutions to expand the book of business.
Requirements
- 3+ year's underwriting transactional risks
- 3+ year's legal experience with a focus on M&A
- J.D. required
- Strong verbal and written communication skills including negotiation skills.
- Self-driven, detail oriented, and strong organizational skills including time-management and prioritization.
- Networking and relationship building skills.
- Sound business acumen combined with analytical, mathematical, reasoning, computer, and customer management skills.
- Contract review knowledge, skills, and abilities.
- Travel will be required from time to time for conferences, broker meetings, and team meetings.
Benefits
- Full healthcare coverage including Medical, Vision, and Dental.
- 401k - 4% company match. Immediately 100% vested.
- Life, disability and supplemental insurance.
- Growth and development opportunities.
- Wellness Benefits including an Employee Assistance Program, Telemedicine, and Peloton App Digital Membership for 1 year (or if you have Peloton equipment, receive a 4-month waiver)
- Work/Life Balance with generous time off policy including PTO and paid holidays, Dependent Daycare flexible spending account, paid parental leave, a commuter account, and a sabbatical every 7 years.
- Summer Fridays (Leave at 2:00PM all Fridays from Memorial Day to Labor Day).
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
underwriting strategiesrisk appetite managementpolicy terms and conditionspricingcontract analysisinsurance policiesliability assessmentcoverage recommendationsregulatory complianceM&A legal experience
Soft skills
verbal communicationwritten communicationnegotiation skillsself-drivendetail orientedorganizational skillstime-managementprioritizationnetworkingrelationship building
Certifications
J.D.
