Senior Executive Underwriter, Financial Institutions - Financial Lines

Responsibilities

• Ability to exercise judgment, negotiate and make sound business decisions effectively based on increased level of authority.
• Renders alternative outcomes for more difficult situations and makes real-time decisions in a fast-paced environment characterized by ambiguity and change.
• Support consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
• Responsible for assigning and managing the work of a team of underwriters.
• Aid underwriters in executing on strategic initiatives.
• Provide support and develop solutions to their issues/concerns (system, guidelines, training, reports, new project request, product amendments).
• Aid underwriters in collaborating with Distribution, Territory Managers, and other line(s) of business underwriters to target desirable accounts and cross-selling opportunities from brokers.
• Utilize various daily reports and constant monitoring of adherence to underwriting requirements and guidelines to oversee assigned book of business.
• Keep abreast of developments in assigned territories to determine their effect on current accounts and potential new business opportunities.
• Work with management, the Insured, its broker and outside counsel on contract terms and conditions, as well as pricing, terms & conditions, and deal structure for complex risks.
• Develop strong, long-term relationships with brokers and clients to profitably grow a book of business.
• Identify the need for and manage special underwriting projects as needed.
• Provide superior customer service to brokers and clients.

Requirements

• Minimum five (5) years of Financial Lines, Agency or Brokerage experience.
• Proven ability to build and maintain strong professional relationships.
• Advanced knowledge of the US Financial Lines business (D&O, EPL, PTL, Fidelity) including product features, forms, regulatory environment and risks etc.
• Demonstrated sales, marketing, and relationship building experience.
• Very strong verbal and written communication skills.
• Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions.
• Proficient with underwriting analytical tools and technology.

Qualifications

• Education: Bachelor's degree preferred, but not required.
• Experience: Minimum five (5) years of Financial Lines, Agency or Brokerage experience.
• Skills: Advanced knowledge of the US Financial Lines business (D&O, EPL, PTL, Fidelity) including product features, forms, regulatory environment and risks etc.
• Communication: Very strong verbal and written communication skills.
• Technology: Proficient with underwriting analytical tools and technology.

Skills

• Financial Lines, Agency or Brokerage experience.
• Strong professional relationships.
• Advanced knowledge of the US Financial Lines business.
• Sales, marketing, and relationship building experience.
• Verbal and written communication skills.
• Underwriting analytical tools and technology proficiency.

Benefits

• Base salary range: $140,000 - $170,000.
• Eligible for a bonus in accordance with the terms of the applicable incentive plan.
• Comprehensive benefits package focusing on health, wellbeing, financial security, and professional development.
• Opportunities for continuous learning and development.
• Culture celebrating everyone for who they are and what they want to become.

Pay

• Base salary range: $140,000 - $170,000.

Schedule

• Primarily in the office.