Senior Underwriter

The Sr. Underwriter will analyze Excess Casualty submissions from broker partners to determine eligibility of risk within Core Specialty Excess Casualty appetite and subsequently to determine appropriate limits, attachment point, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk. Execution of (LOB) business plans and objectives including

Key Accountabilities/Deliverables:

• Enhance Core Specialty’s reputation in the market
• Provide prompt and accurate customer service on policy transactions
• Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies
• Provide documented evidence of underwriting activities and decisions in files as required
• Support Company and Department goals and objectives
  In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.
• Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance, and Core Specialty’s shared values, including putting clients at the heart of our business.

Technical Knowledge and Understanding:

• Knowledge of Excess Casualty underwriting industry & current market environment
• Knowledge of Excess Casualty underwriting practices, coverage & pricing/rating methodologies
• Knowledge of producer & competitor marketplace
• Knowledge of targeted industries
• Knowledge of insurance company operations
• Familiarity with company systems, procedures & processes
• Solid understanding of policy wordings and clauses
• Understanding of all pricing/underwriting tools available

Experience:

• Bachelor’s degree (preferably with a Risk Management & Insurance Major)
• Achieved or working towards an industry designation such as CPCU, CRM, ARM, CIC
• Ability to travel monthly within the region to meet assigned brokers in the region
• 3+ years in the Casualty Underwriting or Broking field
• Experience working with support services, including IT, claims, actuarial and operations

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement.  We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program