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Senior Underwriter
K2 Insurance ServicesSenior Underwriter managing underwriting operations for public entities at Applied Public Risk. Overseeing production, underwriting, and profitability while collaborating closely with the Lead Underwriter.
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in underwriting public entities insurance, with strong analytical skills to assess risk and profitability. Capable of building relationships with production sources and carriers while achieving business targets and maintaining compliance with underwriting guidelines.
Highest-signal resume keywords
Underwriting Public Entities InsuranceCPCU Or ARM DesignationAnalytical SkillsNegotiation SkillsMicrosoft Office Proficiency
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Risk AnalysisLoss Ratio CalculationPolicy ReviewNew Business DevelopmentUnderwriting DocumentationPricing DeterminationClient Retention StrategiesPerformance Standards ComplianceTechnical TrainingComplex Policy Analysis
Soft Skills
Excellent Written CommunicationVerbal Communication SkillsInterpersonal SkillsFlexibilityClosing Skills
Certifications & Qualifications
CPCUARM
Industry Keywords
Public Entity InsuranceMunicipality InsuranceManagement LiabilityUnderwriting GuidelinesBroker Marketing
About the role
Key responsibilities & impact- Works with Lead Underwriter to oversee production, underwriting, and profitability of book of business (new business and renewals) as to meet or exceed annual production and profitability targets
- Accountable for reviewing assigned new business submissions to verify that the risk qualifies, that all required underwriting documentation has been obtained, and that appropriate pricing has been determined
- Ability to analyze loss runs and calculate loss ratios
- Will prepare referrals on accounts outside of their authority and send to Lead Underwriter for review and approval for release or submission to Company
- May handle direct referrals to Company, particularly as tenure is attained
- Achieve new business hit ratio and renewal retention goals
- Assist in technical training to new underwriting team members to ensure that all risks conform to AER underwriting guidelines and file documentation requirements
- Coordinate with UW Support to issue error free policies and endorsements
- Review and analyze complex policies
- Participate in new business development in accordance with the Program’s business plan
- Establish and maintain strong relationships with assigned production sources to ensure client retention and foster strategic alliances
- Continue establishing strong Carrier relationships to ensure their confidence in your underwriting skills
- Begin working with Lead Underwriter to participate in enhancing APR’s profile, including participating in broker marketing calls
- Meet performance standards for response time, quoting, binding, issuance, endorsements, and other underwriting level responsibilities
- Work toward becoming a subject matter expert regarding primary and excess private/nonprofit entity coverage and emerging issues in the management liability space
Requirements
What you’ll need- 2 or more years experience underwriting public entities insurance
- Bachelor’s Degree, in Business, a related field, or equivalent education preferred
- CPCU or ARM designation a plus
- Public Entity and Municipality insurance experience a plus
- Excellent written, verbal, and interpersonal skills
- Strong analytical skills
- Solid computer skills and ability to independently use Microsoft Office Products
- Strong negotiation skills combined with the ability to close new business opportunities
- Flexibility for 0%-20% business travel
Benefits
Comp & perks- competitive pay
- bonus plan
- medical, dental, and vision insurance
- paid time-off in of hire
- 401(k) with employer match