Senior Underwriter - Cyber/eRisk SouthEast

Job Description

The Sr. Underwriter (eRisk) is responsible for the review of insurance applications; and, quoting and binding of insurance for cyber-risk and Technology Errors & Omissions insurance products following the underwriting guidelines, rates and rules promulgated by the eRisk team within the authority delegated to the underwriter. This includes working with brokers in the underwriter’s assigned territory to solicit business and market the company’s products.

• Achieve underwriting production, profitability and other financial targets for assigned brokers.
• Aid the team leadership in the development and enhancement of new and existing products.
• Communicate to management concerns of key brokers, market opportunities.
• Ensure policy transactions are rated, booked, invoiced and issued accurately and meet the corporate time service standards.
• Transactions include quotes, new business, renewals, endorsements and cancellations.
• Communicate, as needed, with Accounting, Marketing and other to answer policy questions and resolve issues.
• Generate insurance quote letters and binder letters for Cyber, Tech E&O and related products per underwriter instructions.
• Prepare and issue policies for the eRisk department.
• In-force account management and servicing.
• Proactively acquire knowledge and skills.
• Work with system support to test releases when the verification of successful programming involves a review of the production environment.
• Assist in quality verification of all policy transactions, processes and procedures.
• Electronically print documents into the imaging system, page mark and label the documents appropriately adhering to the corporate protocols.
• Communicate, as needed, with producers to obtain information needed to complete transactions, etc.
• Contribute to service excellence by answering producer questions in regards to policy status and insurance inquiries.

Requirements

• Experience with underwriting cyber insurance and technology errors & omissions insurance products.
• Bachelor’s degree and 6+ years of relevant experience.
• Strong analytical skills; exceptional attention to detail.
• Solid computer skills including Word, Excel: E-mail & Internet Based Technology.
• Solid verbal and written communication, as well as, math skills.
• Ability to work in a fast paced environment.
• Will abide by departmental policies and procedures, including authority levels, to comply with C&F’s risk management controls.
• Established cyber broker/agent relationships in Southeast US highly preferred.