Underwrite accounts to develop a book of business that will achieve profitability goals that meet division objectives. Analyze and evaluate risk, recognize exposure to make sound underwriting decisions on risk acceptability, coverage alternatives, risk management recommendations, and pricing. Work with team members and assist in all levels of individual risk underwriting decisions, underwriting strategy, book management, and efficient operations and technology. Continually maintain and build upon business relationships with various constituencies, including but not limited to fellow employees, assigned brokers, reinsurers, and vendors.
DUTIES AND RESPONSIBILITIES:
- As assigned and within established authority, effectively write and retain profitable business aligned with division objectives.
- Build a strong working relationship with producers.
- Analyze and evaluate risk, recognizing exposures to make sound underwriting decisions on risk acceptability, coverage alternatives, risk management recommendations, and pricing and/or perform these duties on larger or more complex risks.
- Respond in a timely manner to work/questions.
- Develop opportunities for information flow.
- Maintain and continue to develop technical knowledge and expertise.
- Develop leadership skills through internal and external publications, seminars, and conferences. Share knowledge gained with peers.
- Contribute to the management team, discussing issues, developing efficiencies, and identifying and assisting in resolving conflicts.
ESSENTIALS FUNCTIONS:
- Underwrite to attain profitable growth objectives.
- Analyze and evaluate risks or perform such duties as needed.
- Build a strong working relationship with producers.
- Assist in achieving division goals, objectives, and the supporting budget.
Additional duties and functions required for a senior level.
Required Skills
- Solid technical knowledge of commercial insurance forms, rates, and rules.
- Understanding of the state and federal regulatory environment.
- Skilled in building relationships, sound judgment, making decisions, and influencing others.
- Understands the big picture and goals of the company. Helps drive the business unit results to contribute to the overall success and goals of the organization.
- Possesses a customer-centric service philosophy.
- Above-average communication skills.
- Negotiation, facilitation, and consensus building skills.
- Thorough understanding or ability to learn new lines of business, including insurance procedures, processes, and product lifecycle management.
- Ability to promote a team environment of creative innovation.
- Understanding of CM | Vantage’s mission, philosophy, goals, and objectives.
- Ability to travel to meet with producers, brokers, vendors, and industry service organizations
Additional skills required for a senior level.
Required Experience
UNDERWRITER
- Five years or more of underwriting, product development, product management, claims, risk management, distribution management, or related functions with a proven record of favorable accomplishments. Significant knowledge of the property and casualty industry is required, with knowledge of surplus and specialty lines preferred.
- Demonstrated experience with tactical application of business strategy.
SENIOR UNDERWRITER
- Ten years or more of underwriting, product development, product management, claims, risk management, distribution management, or related functions with a proven record of favorable accomplishments.
- Significant knowledge of the property and casualty industry is required, with knowledge of surplus and specialty lines preferred.
EDUCATION:
- Bachelor's degree or comparable industry experience may be considered with a high school diploma or equivalent required.
- CPCU, ASLI, ARM, or equivalent designations preferred, or evidence of continuing and progressive education in the insurance industry.