Excess & Surplus - Underwriter

About the role

The Cincinnati Specialty Underwriters Insurance Company is seeking an experienced excess and surplus lines underwriter in New Jersey. This position requires residency within the territory or proximity to the Fairfield, OH Headquarters.

Responsibilities

• Work in partnership with producers and an assigned underwriting assistant to solicit, underwrite, and price new and renewal surplus lines commercial property and casualty business.
• Determine individual risk acceptability, pricing, coverage, terms and conditions.
• Develop, analyze, and evaluate information and exposures for complex risks.
• Achieve production and loss ratio goals within assigned regional territory.
• Determine the need for and secure appropriate reinsurance on individual accounts.
• Mentor and train underwriters and underwriting assistants.
• Develop successful business relationships with producers and reinsurers.
• Research new products and coverage forms.
• Travel within assigned territory, which may include some overnight stays.

Requirements

• Property and casualty underwriting experience.
• Proficient use of Microsoft® Word, Excel, and Outlook.
• Strong interpersonal, organizational, and time management skills.
• Strong decision-making, analytical, and negotiating abilities.
• Desire to build relationships and listen effectively.
• Skilled use of verbal communication to explain, negotiate, and present information.
• An understanding of when to use verbal or written communication.
• A valid driver’s license.

Qualifications

• Bachelor’s degree or extensive relevant excess and surplus lines underwriting experience.
• 5+ years of experience working with commercial lines property and casualty products.
• Prior excess and surplus casualty underwriting experience with a carrier, broker, or MGA.
• ASLI or CPCU designations preferred.

Skills

• Ability to work independently with a high level of authority and judgment.
• Effective problem-solving and decision-making skills.
• Excellent communication and negotiation skills.

Benefits

Enhance your talents with a company that promotes a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career. Enjoy benefits and amenities that support your well-being and satisfaction.

Pay

The pay range for this position is $75,000 - $140,000 annually. The pay determination is based on the applicant’s education, experience, location, knowledge, skills, and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance.

Schedule

Travel within assigned territory, which may include some overnight stays.