Junior Underwriter

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging a 350-year heritage, MSIG USA brings financial strength, expertise, and a global footprint to offer commercial insurance solutions that address unique business risks.

About the role

The Junior Underwriter is responsible for underwriting and servicing Financial Lines business on a nationwide basis in accordance with Corporate goals and objectives.

Responsibilities

• Underwrite and service Industrial and Global property risks within underwriting authority.
• Monitor underwriting results, premium and loss trends within assigned book of business.
• Review submissions to determine acceptability of risk in accordance with Company guidelines and standards.
• Perform all aspects of the underwriting process and due diligence including review and analysis of financial documents and individual risk factors.
• Apply appropriate pricing techniques according to company filings and state/bureau conformance.
• Work with brokers and clients to create customized insurance solutions.
• Document accounts in accordance with regulatory and internal underwriting guidelines.
• Analyze Policy forms and endorsement requests from brokers.
• Assist in establishing and executing effective and efficient broker and client visits (with appropriate business units – Risk Engineering, Claims and Marketing Representatives) in order to maintain existing, and increase new, business.
• Perform other duties as assigned.

Requirements

• High school degree (or GED) required; Bachelor’s degree preferred.
• 1-2 years insurance experience is preferred, including 2+ years in an Underwriting Assistant / Associate role or applicable industry experience.
• Knowledge of underwriting and rating principles, guides, policy forms, rating manuals and statutory regulations is required.
• Excellent written and verbal communication skills.
• Effective negotiation skills.
• Good organization skills.
• Excellent organizational and computer skills.
• 20% travel required.