Senior Underwriter Underwriting Specialist (Excess Casualty)
vmysmartpros Verified employer
Actively hiring · Posted 12d ago · JEV2610EA71D9B180
Job description
Come grow with James River Insurance!
James River Insurance is an excess and surplus lines segment of James River Group Holdings, Inc. and operates on an approved non-admitted basis in 50 states and Washington, DC. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.
At James River Insurance, we are committed to providing a stable and rewarding work environment supported by our Core Values and Guiding Principles: Integrity, Accountability, Innovation, Customer Service, Communication, and Teamwork. We are proud of being recognized the past 5 years as one of The Top Workplaces USA.
James River Group Holdings, Inc. is a U.S. insurance holding company which owns and operates a group of specialty insurance and reinsurance companies. The Company operates in two specialty property and casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Company tends to focus on accounts associated with small or medium-sized businesses in each of its segments. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company.
Job Summary
The Senior Underwriter is responsible for selecting, reviewing, modeling, analyzing and underwriting complex submissions within the context of applying the divisions underwriting guidelines and standards. Determines the proper terms and conditions for acceptable risks including rating the account to develop the appropriate premium. Responds to brokers when particular risks do not meet underwriting guidelines and offers alternative options and cross sell other products. Provides assistance to other team members including the Division Manager in a variety of areas including referrals and identifying new opportunities.
Duties and Responsibilities
Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service
Analyze new business opportunities and develop renewal strategies
Attain quote, premium and division goals as assigned
Develop and maintain strong relationships with brokers
Use critical thinking and problem-solving skills to negotiate with brokers on placements
Assist the Underwriting Manager/Division Manager with training, mentoring, and on-boarding of new employees.
Travel to meet with brokers within assigned territory at least three times per year
Other duties as assigned
Knowledge, Skills and Abilities
Ability to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accounts
Ability to effectively assess risk
Excellent verbal and written communication skills
Ability to work independently or in a team environment to complete assignments
within the parameters of instructions given, prescribed processes and standard accepted underwriting practices
Solid knowledge of underwriting philosophy and techniques
Proven problem solving and decision-making skills
Strong negotiation skills
Ability to multi-task
High level of initiative and motivation
Strong work ethic with a drive to succeed
Solid customer service and relationship building skills
Proficiency in MS Office (Word, Excel, Outlook) and Internet researching
Experience and Education
Senior Underwriter
Bachelors degree or equivalent work experience
Minimum of 5 years underwriting experience, preferably in Excess and Surplus lines
Professional designation is preferred
Underwriting Specialist
15+ years industry experience, 10+ years in Excess and Surplus lines with specialized coverage and product knowledge
Bachelors Degree or equivalent work experience
Specific experience in marketing and underwriting of the division related products
Professional designation is preferred
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Please note that this position is not eligible for H-1B visa sponsorship. All applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future H-1B sponsorship.
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Company : James River Group
Salary : Work from home .
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