Jobs · Finance · Pennsylvania

Excess & Surplus - Underwriter

The Cincinnati Insurance Companies · Philadelphia, PA · 4 mo ago
Finance$75k–$140k/yrFull-time

About the role

The Cincinnati Specialty Underwriters Insurance Company is seeking an experienced excess and surplus lines underwriter for their Pennsylvania/West Virginia territory. This position requires a valid driver's license and is open to individuals who can work independently with a high level of authority and judgment.

Responsibilities

  • 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 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
  • 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 preferred
  • ASLI or CPCU designations preferred

Skills

  • Ability to work independently with a high level of authority and judgment
  • 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

Benefits

  • Annual cash bonus and stock incentives based on company and individual performance
  • Training provided in Cincinnati, OH, prior to deployment to regional territory
  • Opportunities for career growth and development
  • Comprehensive benefits package including health insurance, retirement plans, and paid time off

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.

Schedule

Work independently with a high level of authority and judgment, travel within assigned territory which may include some overnight stays.

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