Senior Wholesale Underwriter - Excess Casualty
MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging a 350-year heritage, MSIG USA brings financial strength, expertise, and a global footprint to offer commercial insurance solutions that address unique business risks.
About the role
Underwrites profitable Casualty business on a nationwide basis in accordance with Corporate goals. Selects and underwrites complex property risks within delegated underwriting authority.
Responsibilities
- 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.
- Monitors underwriting results, premium and loss trends within assigned book of business.
- Delivers quality service to brokers and customers within established service metrics for new, renewal, and interim requests.
- 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 to drive results within the assigned territory.
- Documents accounts in accordance with regulatory and internal underwriting guidelines.
- Establishes and executes effective and efficient producer and client visits (with appropriate business units – Risk Engineering, Claims, and Marketing Representatives) to maintain and increase new business.
- Enhances technical expertise in Industrial and Global property underwriting, including assisting the Underwriting Manager in the training and development of department staff.
Requirements
- 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.
- CPCU or insurance-related courses helpful.
- Position requires 20% same-day travel, with some overnight stays.
Pay
The base pay range is $150,000.00 - $200,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications, and location.
Benefits
- Comprehensive medical, dental, and vision coverage.
- 401(k) with a generous employer match and profit-sharing contribution.
- Wellness incentive program.
- Life and accidental death and dismemberment (AD&D) insurance.
- Flexible spending programs.
- Short-term and long-term disability plans.
- Paid time off program.
- Paid charitable leave.
- Paid parental leave.
- Tuition reimbursement program.
- Personal insurance (auto/homeowners) discounts.