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.