Senior Underwriter - E&O

About the role

As the Sr. Underwriter, you will manage, examine, and analyze submissions forwarded to Core Specialty by our brokers to determine if the risk is a targeted class of business. You will subsequently determine appropriate limits, pricing, and terms that will provide Core Specialty with adequate underwriting profit on each risk.

Responsibilities

• Execute E&O business plans and objectives, including:
  • Build Core Specialty’s reputation and presence in the E&O market.
  • Provide prompt and accurate customer service on policy transactions.
  • Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review, and pricing methodologies.
  • Provide documented evidence of underwriting activities and decisions in files as required.
  • Support Company and Department goals and objectives.
  • Build Core Specialty’s relationships with our brokers.
• Undertake other duties from time to time as reasonably required by the Company.
• Carry out duties within internal policies and procedures in accordance with applicable law, rules, regulation, good governance, and Core Specialty’s shared values, including putting clients at the heart of our business.

Requirements

Technical Knowledge and Understanding

• Knowledge of the E&O market with an emphasis on Architects and Engineer underwriting.
• Knowledge of E&O underwriting practices, coverage, and pricing/rating methodologies.
• Knowledge of producer and competitor marketplace.
• Knowledge of insurance company operations.

Experience

• Bachelor’s degree or equivalent relevant experience.
• Minimum of 3+ years of underwriting experience.
• Underwriting experience in E&O with an emphasis on A&E or Contractor PL underwriting.

Pay

The expected pay range for the role is $110,000 - $140,000. The specific offer will depend on an applicant’s skills and experiences and may be adjusted for geographic differential.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.

Benefits

• Competitive salary and opportunities for professional development and advancement.
• Medical, dental, vision, and life insurances.
• Short and long-term disability.
• Company-match of 100% of a 6% contribution 401(k) plan.
• Employee Assistance Plan.
• Health Savings Account, Flexible Spending Account, Health Reimbursement Account.
• Wellness program.