Westfield Specialty Insurance · 2 months ago
Small Business Senior Underwriter
Westfield Specialty Insurance is a global leader in property and casualty insurance, and they are seeking a Commercial Lines Small Business Senior Underwriter. This role involves managing and servicing a profitable renewal book of Commercial Lines business, making responsible decisions regarding risk acceptability and pricing, and developing relationships with agencies and distribution partners.
Insurance
Responsibilities
Manages the underwriting profitability growth and retention of new and renewal business that is consistent with underwriting strategies
Collects appropriate and accurate information required to assess potential clients and decides on the acceptable risk for a policy
Compares various policies having similar risk undertaking and conducts actuarial studies to decide on the company's loss records
Develops relationships with agencies, producers, and other distribution partners (producers) and works to understand their needs
Leverages portfolio underwriting of the book and territory leveraging analytics and information garnered through BI and other sources
Provides leadership with feedback on product, pricing and rate/rule activities of the competition and reviews high value inspections for assigned agencies
Strives to create and build effective communication externally (between agents and company) and internally (within the company) regarding underwriting procedures and practices, growth/profit goals and objectives, and agency relations
Negotiates with agents to reach positive and profitable outcomes and coordinates and owns agency business plans and key activities with oversight from Region Leader
Develops and maintains an operating knowledge of Westfield standardized hardware, software programs, third party software, and processing procedures
Influences current and prospective agencies, producers, and other distribution partners to represent and promote Westfield products and services to customers
Answers questions from agencies, producers, distribution partners policyholders or other external contacts and escalates issues to leadership as necessary
Collaborates with and leverages corporate shared services functions to bring the competitive strategy to life and achieve results; aligns with corporate governance while maintaining a singular focus on the customer
Qualification
Required
3-5 years of Commercial Underwriting experience
Bachelor's degree in related field and/or commensurate work experience
Company
Westfield Specialty Insurance
Westfield Specialty is a prominent specialty insurance carrier, leveraging the financial strength of Westfield, a leading U.S.-based property and casualty insurance company and the well-established Lloyd’s of London Syndicate 1200.