Director, Excess Casualty E&S Underwriter

Responsibilities

• Analyze potential and existing customers by gathering and reviewing financial condition, loss and exposure history, and other relevant information to determine underwriting acceptability.
• Assess economic acceptability of risks and other important criteria affecting insurance coverage and premiums.
• Set rate and coverage levels under supervision.
• Develop and maintain relationships with peers, customers, and brokers/agents.
• Evaluate new and renewal book of business from evaluation to pricing.
• Manage the expectations of the brokerage community and communicate underwriting decisions, requirements, and philosophies.
• Maintain producer/agency contact log information in electronic databases.
• Participate in agency visits with underwriters, claims representatives, or loss control representatives to develop customer contacts.
• Evaluate risk characteristics of submissions to identify business opportunities in line with guidelines and company philosophy.
• Review underwriting documents for accuracy before releasing to brokers and/or company clients.
• Analyze coverage and limit requests to determine terms to offer.
• Price business according to company guidelines.
• Evaluate risk quality and compliance within company guidelines and initiate appropriate loss prevention actions.
• Order and screen necessary reports for the rating and underwriting processes, such as loss history reports, credit checks, outside inspections, loss control, etc.
• Assist with preliminary underwriting information input, gather third-party reports and information on submissions, and prioritize tasks based on underwriting team's ranking.
• Assist with pre-underwriting on renewals prior to policy expiration date to determine if notice of non-renewal or change in risk letters are required.
• Utilize judgment to assist in determining the extent of pre-underwriting or non-renewal for renewals.
• Receive, accept, and follow up for additional information on submissions on hold status.
• Follow up with producers to collect accurate lost quotation information.
• Receive, accept, and evaluate binder conditions.

Qualifications

• Bachelor’s degree in Insurance or related field.
• Ability to conceptualize and analyze financials at a college level, as required by product line.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities and make independent judgments.
• Team player willing and eager to learn, organized, detailed, and flexible.
• Occasional travel, including overnight trips.