Remote Senior Underwriter | WFH Opportunity

Job Overview

We are excited to announce an opportunity for a dedicated Senior Underwriter to join our thriving team in a fully remote capacity. This position is an integral part of a well-respected organization that is currently expanding its operations. We are committed to creating a collaborative and encouraging work environment that nurtures professional growth.

Key Responsibilities

• Collaborate closely with the Lead Underwriter to manage the underwriting and profitability of a varied portfolio, including both new business and renewals, with the goal of meeting or surpassing established targets.
• Evaluate submissions for new business to confirm risk eligibility, ensuring all requisite underwriting documentation is complete and proper pricing is applied.
• Conduct analysis of loss runs and determine loss ratios, leveraging this data to guide underwriting and quoting processes for new and renewal business.
• Draft referrals for accounts that exceed your authority, presenting these to the Lead Underwriter for consideration and approval, progressively advancing your responsibilities in line with experience.
• Aim to achieve new business hit ratios while maintaining high retention rates for renewals.
• Provide mentorship and technical guidance to new underwriting team members, ensuring compliance with underwriting protocols and documentation standards.
• Collaborate with Underwriting Support to issue precise policies and endorsements, undertaking thorough reviews of complex policies as required.
• Engage in business development endeavors that align with our strategic objectives.
• Establish and nurture strong relationships with assigned production sources to enhance client retention and build valuable alliances.
• Maintain effective relationships with carriers, ensuring their trust in your underwriting expertise.
• Work alongside the Lead Underwriter to elevate our organization's profile, including participation in broker marketing initiatives.
• Uphold performance benchmarks related to response times, quoting, binding, issuance, endorsements, and other underwriting duties.
• Develop expertise in primary and excess coverage for private and nonprofit entities, remaining informed on emerging issues within management liability.
  
  

Required Skills

• Exceptional written, verbal, and interpersonal communication abilities.
• Strong analytical skills with a keen attention to detail.
• Proficient in Microsoft Office and effective computer skills.
• Demonstrated negotiation prowess and a proven record of successfully closing business opportunities.
• Availability for minimal business travel (0% - 20%).
  
  

Qualifications

• A minimum of 2 years of experience in underwriting management liability (D&O) insurance.
• Bachelor's Degree in Business or a related field, or equivalent experience preferred.
• CPCU or ARM designation is advantageous.
• Experience in specialty lines (D&O/E&O) insurance broking is a plus.
  
  

Career Growth Opportunities

This role provides the potential to evolve into a subject matter expert in primary and excess coverage for both private and nonprofit sectors, with clear pathways for advancement within the underwriting field.

Company Culture And Values

Our organization champions a supportive and inclusive work atmosphere, fostering collaboration and professional development among team members.

Compensation And Benefits

• Competitive salary range of \(100,000 - \)120,000 per year.
• Bonus plan included.
• Comprehensive medical, dental, and vision insurance.
• Generous paid time off policy for the year of hire.
• 401(k) retirement plan with employer matching.
  
  

Employment Type: Full-Time