Senior Underwriter - Retail Property

Summary/Job Purpose

Underwrites profitable property business on a nationwide basis in accordance with Corporate goals.

Essential Functions

• Selects and underwrites complex property risks within delegated underwriting authority.
• Reviews applications and requirements to determine acceptability of risk in accordance with Company guidelines and standards.
• Performs all aspects of the underwriting process and due diligence including review and analysis of financial documents and individual risk factors.
• Applies appropriate pricing techniques according to company filings and state/bureau conformance.
• Maintains and increases new business through broker and client relationships.
• Develops and cultivates new and existing broker and customer relationships in assigned territory.
• Works with brokers and clients to create customized insurance solutions.
• Sources new business opportunities through a strong broker and client network.
• Prepares or analyzes information on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations in order to drive results within the assigned territory.
• Documents accounts in accordance with regulatory and internal underwriting guidelines.
• Executes effective and efficient producer and client visits (with appropriate business units – Risk Engineering, Claims and Marketing Representatives) in order to maintain and increase new business.
• Enhances technical expertise in the area of Industrial and Global property underwriting including assisting in Underwriting Manager in the training and development of department staff.

Qualifications

• Bachelor's degree (B. A.) required
• 7+ years of related multi-line background required
• Existing producer relationships preferred
• Demonstrated negotiation and production skills
• Excellent verbal and written communication skills

Pay

SALARY: The estimated salary range for this position is $150,000 - $200,000.00 per year. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, MSIG USA will consider a candidate’s relevant experience, location, and other job-related factors.