Associate Underwriter, Management Liability

Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market. We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to meet the insurance needs and risk management objectives of our customers.

About the role

• Underwriting and binding of new and renewal business, and overall management of assigned brokers, territory, and policies.
• Review small to mid-size complex risks to verify acceptability based on company underwriting appetite and your underwriting authority.
• Determine whether to accept, provide an option(s), or decline risks.
• Oversee, review, and approve endorsements.
• Direct loss control services on specific issues for better risk assessment.
• Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
• Review and resolve premium audit inquiries and disputes.
• Communicate with brokers to develop opportunities, obtain additional information when needed, and promote underwriting appetite for risk.
• Create, analyze, and interpret information from various reports.
• Develop positive working relationships with brokers through daily interactions and travel to brokerage offices.
• Contribute to training, mentoring, and on-boarding of new or less experienced team members.
• Handle other duties as assigned.

Qualifications

• Bachelor’s degree or equivalent combination of education and relative experience.
• 0-1 years of insurance underwriting experience. E&S experience is a plus.
• Excellent analytical and organizational skills.
• Understanding and ability to effectively engage in the negotiation process.
• Detail oriented with a drive for success and the ability to collaborate effectively and work independently in a fast-paced environment.
• Advanced knowledge of computer programs, including Word, Excel, and Outlook.

Pay

The expected base salary range for this role is $55,000-$65,000 annually. Additionally, this position is eligible for participation in our annual bonus program. Actual compensation will be determined by factors including, but not limited to, location, education, certifications, qualifications, relevant experience, internal equity, and business need.

Benefits

• Medical, Dental, and Vision insurance plans.
• FSA/HSA plans available.
• Basic Life/AD&D/Short Term/Long Term Disability coverage.
• 401(k) with company match of up to 6%.
• Flexible PTO plan, 11 paid company-wide holidays, plus your birthday off.

Richmond National has been recognized as a Top Workplace by the Richmond Times-Dispatch.