Underwriting Specialist, Middle Market Solutions

Position Summary

The Underwriting Specialist is responsible for driving profitable growth through the evaluation and underwriting of new and renewal accounts. This position involves close collaboration with producers to negotiate pricing, terms, and conditions, while proactively managing capacity and ensuring compliance with governance frameworks and underwriting guidelines.

Responsibilities and Accountabilities

• Underwrite new and renewal accounts to meet top and bottom line targets
• Negotiate price and terms and conditions with producers
• Ensure contract certainty is achieved on all accounts at time of inception
• Ensure utilization of global pricing tools
• Ensure placing and binding of FAC Reinsurance prior to policy inception
• Proactively support completion of policy administration and credit control processes
• Train, develop, and coach less experienced staff (including Underwriters)

Required Skills and Abilities

• Specialized expert understanding of Commercial Packaged Property and Casualty
• Recognized relationships with brokers at peer group level and well established within market
• Specialized understanding of regional / local insurance markets and competitor landscape, including global elements

Education and Experience

• A minimum of 3+ years of direct experience in Underwriting profitable business
• Preferably a degree in Economics, Finance, Insurance Management, or Business Administration
• Professional insurance qualification (e.g. CPCU) is a plus, but not required

Benefits

• Base salary range: $111,100 - $172,465/year
• Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs
• Comprehensive benefits package including multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more