Underwriter - Captive

Essential Job Functions

• Aid in the creation and design of customized fronted captive and indemnity programs for client’s unique global property & casualty insurance needs.
• Build strong and long-term relationships with clients, producers, and outside vendors.
• Collaborate with internal stakeholders to ensure effectiveness and timeliness of program creation and launches. Internal stakeholders include credit, legal, underwriting, claims, actuarial, reinsurance recoverable, operations, and compliance departments.
• Contribute to coverage creation and contract development to meet the client’s needs while ensuring compliance with company and regulatory requirements.
• Maintain, oversee, and monitor renewal book and various team initiatives including profitability of the assigned portfolio.
• Service new and renewals including managing proposals, binders, invoicing, and policy documents.
• Cross-sell with various global underwriting teams to create a blended and customizable insurance program which blends risk transfer and alternative risk financing solutions.
• Aid in developing product and/or rate revisions, underwriting guidelines, manuals, and procedures.
• Attend client and producer sponsored meetings.
• Attend various industry specific conferences to expand knowledge and help build relationships.
• Maintain accurate underwriting and documentation of files.
• Occasionally travel may be required for meetings.

Applicant Requirements

• 3-5 years of direct underwriting in a multiline environment that includes multinational.
• Solution oriented – ability to understand client’s core issues and create innovative and strategic solutions.
• Need to be an outside-the-box thinker, interested in pushing boundaries and developing creative solutions to solve a variety of partner and customer problems.
• Experience with various types of coverages and captive insurance company operations is preferred.
• Bachelor’s Degree – Risk Management desirable.
• Strong interpersonal skills; must be able to interface and build working relationships with all levels within the company and with or external partners and clients.
• Ability to work in fast-paced team environment, handling multiple accounts, tasks, and deadlines and prioritize working independently and also supporting a team environment.
• Excellent oral and written communication.
• Customer service focused.
• Desire to learn and question.

Compensation

A reasonable estimate of the current range is $90,000 - $115,000.

About the Role

Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

Qualifications

Essential Job Functions: Assist in the creation and design of customized fronted captive and indemnity programs for client’s unique global property & casualty insurance needs. Build strong and long-term relationships with clients, producers and outside venders. Collaborate with internal stakeholders to ensure effectiveness and timeliness of program creation and launches. Internal stakeholders include credit, legal, underwriting, claims, actuarial, reinsurance recoverable, operations and compliance departments. Contribute to coverage creation and contract development to meet the client’s needs while ensuring compliance with company and regulatory requirements. Maintain, oversee and monitor renewal book and various team initiatives including profitability of the assigned portfolio. Service new and renewals including managing proposals, binders, invoicing and policy documents. Cross-sell with various global underwriting teams to create a blended and customizable insurance program which blends risk transfer and alternative risk financing solutions. Assist in developing product and/or rate revisions, underwriting guidelines, manuals, and procedures. When required attend client and producer sponsored meetings. Attend various industry specific conferences to expand knowledge and help build relationships. Maintain accurate underwriting and documentation of files. Occasional travel may be required for meetings.

Requirements

Applicant Requirements: 3-5 years of direct underwriting in a multiline environment that includes multinational. Solution oriented – ability to understand client’s core issues and create innovative and strategic solutions. Need to be an outside-the-box thinker, interested in pushing boundaries and developing creative solutions to solve a variety of partner and customer problems. Experience with various types of coverages and captive insurance company operations is preferred. Bachelor’s Degree – Risk Management desirable. Strong interpersonal skills; must be able to interface and build working relationships with all levels within the company and with or external partners and clients. Ability to work in fast-paced team environment, handling multiple accounts, tasks, and deadlines and prioritize working independently and also supporting a team environment. Excellent oral and written communication. Customer service focused. Desire to learn and question.