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Converge Insurance · 1 month ago

Renewal Underwriter

Richmond, VA

Full-time

Onsite

Entry, Mid Level

1+ years exp

Converge Insurance is a forward-thinking, technology-driven company specializing in cyber risk and insurance solutions. The Renewal Underwriter role is responsible for all underwriting tasks related to assigned underwriting files to promote premium growth and target loss ratio results.

Cyber SecurityInsuranceInsurTechRisk Management

Responsibilities

Maintain and underwrite a profitable renewal portfolio of Cyber, Media, and E&O coverages

Evaluate, select, and price cyber insurance policies to achieve premium and profitability goals in accordance with underwriting guidelines and authority

Monitor key performance metrics, including quote, bind, and claims ratios, and take appropriate responsive action to meet business objectives

Develop and manage assigned relationships with partners, brokers and agents and ensure proper servicing of accounts

Participate in conducting internal underwriting audits to ensure compliance with all applicable guidelines

Work closely with other parts of the business, including product, claims, and technology, to ensure proper execution of underwriting processes

Comply with corporate policies, procedures, regulations, and applicable code of conduct

Qualification

Cyber insurance knowledgeUnderwriting processesClient service experienceCommercial financial knowledgeMicrosoft Office SuiteCommunication skillsTime management