Senior Underwriter Private D&O

Responsibilities

• Analyze and underwrite complex Private & Non-Profit Management Liability accounts of all sizes, industries and risk characteristics for D&O, Employment Practices, Fiduciary Liability and Commercial Crime products.
• Assess and analyze regulatory exposure, financial strength, corporate governance, internal controls, regulatory status and claims/loss history.
• Determine appropriate coverage terms, pricing and insurance program structure.
• Prepare and document risk assessments, underwriting authority referrals and pricing justification in accordance with underwriting guidelines.
• Achieve premium, profit and expense targets goals.
• Build and maintain strong broker and client front office relationships.
• Respond promptly to submissions, inquiries, product questions, quote and other service requests.
• Represent Co/Action Specialty brand at meetings, conference calls and industry events.
• Adhere to portfolio steering and management specifications.
• Maintain bottom-line oriented underwriting discipline and profitability.
• Monitor aggregate exposures.
• Assist in business planning and forecast of financial results.
• Ensure all policy and underwriting file documentation is accurate and complete.
• Collaborate with the Professional Lines team and other units at Coaction.
• Monitor industry trends, regulatory developments and financial sector-specific news.
• Stay informed of peer underwriting behavior, product offerings and ratings actions.
• Contribute to product development, thought leadership and strategy.

Qualifications

• Bachelor’s degree or equivalent experience preferably in finance, insurance, risk management, accounting, economics or related field of study.
• Minimum of 5 years’ experience underwriting professional liability lines of business.
• Proven ability to underwrite complex Private & Non-Profit accounts for D&O, Employment Practices, Fiduciary and Commercial Crime products.
• Strong customer-oriented product management skills.
• Strong negotiation skills.
• Ability to explain underwriting decisions.
• Familiarity with loss history analysis, financial analysis.
• Superior communication and organizational skills.
• Strong project and people management skills.
• Must be able to identify exposures and hazards and willingness to learn.
• Strong decision-making skills.
• CPCU or RPLU preferred.

Pay

Salary range specific to this role: $116,000-$148,000 + discretionary incentive bonus + benefits depends on various factors including, without limitation, individual and organizational performance. The offered rate of compensation will be based on individual education, experience, and qualifications. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Benefits

Equal Opportunity Employer

Coaction is an Equal Employment Opportunity employer. Coaction’s policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.