Private Client Select · 2 days ago
Yacht Underwriter
Private Client Select Insurance Services (PCSIS) is an independent managing general underwriter focused on providing risk management solutions for high-value assets. The Yacht Underwriting Analyst will develop a profitable book of yacht business, underwriting accounts and utilizing pricing tools to negotiate coverage terms and conditions.
Responsibilities
Analyze submitted account information for the largest most complex accounts, evaluate risks and controls, and ensure compatibility with risk appetite
Apply underwriting judgment to pricing model results to generate a technical price range, suggested coverage terms/conditions and alternative structure options for Market-Facing Underwriters to utilize in quoting and negotiating decisions on new business and renewals
Ensure technical price ranges, alternative structure options and suggested coverage terms/conditions adhere to filed rating plans
Work with actuarial units, finance teams, and Business units across the organization to understand actuarial model applications and stakeholder requirements
Acting as a role model for more junior underwriters, and making yourself available to offer advice and guidance
Qualification
Required
Bachelor's degree
3+ years of underwriting experience, preferably yacht and/or marine
Strong analytical skills to understand numeric data to be able to interpret and apply actuarial pricing guidelines to specific situations. High degree of comfort with analytical tools and technology
Strong working knowledge of yacht business
Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions
Ability to facilitate cross function collaboration, especially regarding technical aspects
Extremely detail-oriented with demonstrated ability to self-direct, prioritize work, and meet deadlines
Takes initiative on projects and assignments, seeks alternate solutions
Ability to communicate reasoning behind generated numbers
Highly motivated and results-oriented
Applicants must be legally authorized to work in the United States and must not require employment-based visa sponsorship now or in the future
Company
Private Client Select
Private Client Select offers property insurance, auto insurance, financial services, and risk management services.
Funding
Current Stage
Growth StageRecent News
2025-01-08
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