Allied Public Risk · 1 day ago
Senior Underwriter- Remote
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Responsibilities
Works with Lead Underwriter to oversee production, underwriting, and profitability of book of business (new business and renewals) as to meet or exceed annual production and profitability targets;
Accountable for reviewing assigned new business submissions to verify that the risk qualifies, that all required underwriting documentation has been obtained, and that appropriate pricing has been determined;
Ability to analyze loss runs and calculate loss ratios. This skill set needs to be used when underwriting and quoting new business and renewals; Underwriting Authority < $100,000 (Authority may increase as the Company develops confidence in your underwriting skills). - Will prepare referrals on accounts outside of their authority and send to Lead Underwriter for review and approval for release or submission to Company; May handle direct referrals to Company, particularly as tenure is attained.
Achieve new business hit ratio and retention goals;
Assist in technical training to new underwriting team members to ensure that all risks conform to APR underwriting guidelines and file documentation requirements;
Coordinate with UW Support to issue error free policies and endorsements. Review and analyze complex policies.
Participate in new business development in accordance with the Program’s business plan;
Establish and maintain strong relationships with assigned production sources to ensure client retention and foster strategic alliances;
Continue establishing strong Carrier relationships to ensure their confidence in your underwriting skills;
Begin working with Lead Underwriter to participate in enhancing APR’s profile in the Program’s market segment, including participating in broker marketing calls;
Meet performance standards for response time, quoting, binding, issuance, endorsements, and other underwriting level responsibilities;
Work toward becoming a subject matter expert regarding primary public entity coverage and emerging issues in the public entity segment.
Qualification
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Required
Excellent written, verbal, and interpersonal skills
Strong analytical skills
Solid computer skills and ability to independently use Microsoft Office Products (Word, Excel, etc.)
Strong negotiation skills combined with the ability to close new business opportunities
Flexibility for extensive work hours during the peak business periods of April 1st thru July 15th, and October 1st thru December 15th
Flexibility for 0%-10% business travel
Bachelor’s Degree, in Business, a related field, or equivalent education required
5 or more years insurance underwriting experience required, with some experience in Public Entity related segment
Preferred
CPCU or ARM designation
Benefits
Medical, dental, and vision insurance
401(k) with employer match