Selects and underwrites the most complex Commercial Lines property risks within delegated underwriting authority
Reviews applications and requirements to determine acceptability of risk in accordance with Company guidelines and standards
Performs all aspects of the underwriting process and due diligence including review and analysis of financial documents and individual risk factors
Applies appropriate pricing techniques according to company filings and state/bureau conformance
Monitors underwriting results, premium and loss trends within assigned book of business
Delivers quality service to brokers and customers within established service metrics for new, renewal and interim requests
Develops and cultivates new and existing broker and customer relationships in assigned territory
Works with brokers and clients to create customized insurance solutions
Sources new business opportunities through a strong broker and client network
Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory
Compiles and documents accounts in accordance with regulatory and internal underwriting guidelines
Documents accounts in accordance with regulatory and internal underwriting guidelines
Establishes and executes effective and efficient producer and client visits (with appropriate business units – Risk Engineering, Claims and Marketing Representatives) in order to maintain and increase new business
Enhances technical expertise in the area of Industrial and Global property underwriting including assisting in Underwriting Manager in the training and development of department staff
Analyzes policy forms and endorsements requests from brokers
Requirements
Bachelor's degree in Business, Finance, or related field
5-10 years of underwriting experience in large property accounts
Proficiency in underwriting large property accounts with particular expertise in underwriting global exposures
Familiarity with catastrophe modeling and management of aggregates preferred
Existing producer relationships preferred
Must have demonstrated negotiation and production skills