Senor/Executive Underwriter, Contracting
Crum & Forster (C&F) provides market-leading property & casualty, accident & health, specialty, and standard commercial lines insurance solutions. A true underwriting company, we have a 200-year history of helping customers manage risk with laser-focused expertise, integrity, and discipline. Our annual gross written premium is $6.2 billion, and we enjoy a financial strength rating of "A+" (Superior) by AM Best. With 3,000 employees, C&F operates locations throughout the United States and India. The company is consistently recognized as a great place to work, earning awards such as the Great Place to Work® Award, Fortune 100 Best Companies to Work For, and Fortune Best Workplaces for Parents and Millennials. C&F is part of Fairfax Financial Holdings.
About the Role
We can hire at the Senior or Executive level for this role. The individual will be responsible for the overall management, business development, growth, and profitability of a highly complex Excess (and possibly some primary) Casualty book of Construction-related risks. This role involves leveraging broker relationships to grow new business within the delegated underwriting authority. The position operates under general management direction with broad authority, potentially having regional or company-wide scope.
Responsibilities
- Underwrite, analyze, authorize risk acceptability, determine profitable rates/pricing, and prepare quotations/binders for new and renewal business.
- Provide customer service to existing accounts.
- Market, sell, and promote company products and programs to assigned producers.
- Review and evaluate profit, volume, and service results for assigned producers.
- Assist in developing annual business plans and analyzing results for assigned producers.
- Attain premium, loss ratio, broker development, and service goals as assigned.
- Stay abreast of industry market trends, competition philosophy, products, and distribution systems.
- Mentor and guide less experienced underwriters and assist in underwriting training.
- Lead special underwriting projects and presentations.
- Develop new business relationships and maintain strong construction broker relationships.
- Abide by departmental guidelines, policies, and procedures, including authority levels, to comply with C&F's risk management controls.
- Travel as necessary for producer marketing visits and corporate meetings/seminars.
Requirements
- College degree or equivalent.
- At least three years of experience in underwriting Commercial construction casualty E&S business, with strong expertise in Construction.
- Proven track record of growth in an overall book of business.
- Strong construction broker relationships and feedback.
Skills
- Excellent problem-solving and decision-making skills with the ability to influence others.
- Strong verbal and written communication skills.
- Excellent organizational and time management skills, with the ability to handle multiple tasks and prioritize effectively.
- Solid customer service and relationship-building skills.
- Proven team player with a drive to succeed.
- Demonstrated desire and commitment to continual learning, accepting new challenges, and personal growth.
- Ability to learn and use proprietary software and various computer systems.
Benefits
- Flexible work arrangements.
- Competitive compensation package, including discretionary equity (stock) based compensation and performance-based variable pay programs.
- Company car provided.
- Generous 401K employer match.
- Employee Stock Purchase Plan with employer matching.
- Generous Paid Time Off.
- Comprehensive health, dental, and vision benefits.
- Wellness programs focusing on physical and mental wellbeing for you and your family.
- Tuition reimbursement, industry-related certifications, and professional training opportunities.
- Matching donation program, volunteer opportunities, and employee-driven corporate giving.
Pay
The annualized base pay for this position ranges from a minimum of $74,900 to a maximum of $140,700. Actual compensation is determined by factors such as market pay for the role, responsibilities, required skills, and employee performance.