Senior Underwriter - Sports Venue Program
USI Insurance Services · Portsmouth, NH · 4 days ago
FinanceFull-time
About the Role
Assess large risks of a complex nature, develop and negotiate premiums. Manage relationships with brokers and carriers. Provide appropriate insurance products to clients. Generate profit in accordance with company goals.
Responsibilities
- Underwrite and analyze new and renewal accounts for the most complex assignments.
- Serve as subject matter expert to review insurance policies.
- Assess risk to determine appropriate price, coverage, and terms and conditions.
- Bring policy to completion by recommending and binding coverage, invoicing, and policy issuance.
- Identify the need, order, and evaluate additional risk assessment information.
- Underwrite within defined broad limits and authority.
- Establish underwriting policy and procedures.
- Provide reports to management.
- Develop and maintain working relationships with agencies.
- Communicate effectively through broker negotiations to ensure new business flow and profitable production.
- Communicate with agents to obtain supplemental underwriting information.
- Analyze and rate endorsement requests.
- Recommend authority levels for underwriting staff and amendments/enhancements to applicable programs, including coverage, policy forms, premium rate plans, underwriting guidelines, loss control guidelines, and distribution.
- Collaborate with internal departments to execute agreed program strategy and identify program opportunities.
- Engage in professional development, including relevant industry and organizational education and training.
- Provide training and coaching to other underwriting team members as needed.
- Travel for client relationship building, key client/carrier-facing meetings, and educational development.
Requirements
- 7+ years of underwriting experience.
- High school diploma or equivalent required.
- For direct client service/underwriting, Property & Casualty and/or appropriate business licensure is required.
- Broad and deep knowledge of the insurance industry market and appetite.
- Ability to establish product risk factors, including proper risk exposure and compliance with state departments of insurance.
- Ability to effectively identify insurance product needs in the marketplace.
- Strong negotiation and mathematical skills.
- Strong written, verbal, and interpersonal communication skills.
- Working knowledge of Microsoft Office suite of products.
- Proficiency in utilizing company systems.
- Strong organizational and analytical skills with attention to detail and accuracy.
- Ability to travel 20% of the time.
Benefits
- Medical, wellness, dental, and vision coverage.
- 401(k) retirement plan.
- Flexible spending and health savings accounts.
- Short- and long-term disability insurance.
- Life insurance and other unique employer-sponsored and voluntary programs.
- Generous paid time off policy.
- Paid family leave benefit.
- Paid holiday time.