Senior Underwriter

Examination & analyzing of submissions forwarded to Core Specialty by our brokers to determine if the risk is a targeted class of business and subsequently to determine appropriate limits, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk.  Commercial Errors & Omissions Liability with a focus on Architects and Engineer products and services for small and medium-sized businesses and professionals.

Key Accountabilities/Deliverables:

Execution of E&O business plans and objectives including:

• Build Core Specialty’s reputation and presence in the professional liability 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

• Build Core Specialty’s relationships with our brokers

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:

• Strong knowledge of E&O underwriting industry  with an emphasis on Architects and Engineers.

• Knowledge of E&O underwriting practices, coverage & pricing/rating methodologies with the ability to manuscript policy language.

• Strong knowledge of producer & competitor marketplace

• Strong knowledge of targeted industries

• Strong knowledge of insurance company operations

• Solid understanding of policy wordings and clauses

• Up-to-date knowledge of the insurance market environment

Experience:

• 5-7+ years in the E&O marketplace

• Experience working with support services, including IT, claims, actuarial and operations

• Strong Proficiency with Microsoft Office products (Excel, Word, PowerPoint)