Senior Underwriter, MGA jobs in United States
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Simply Business · 2 weeks ago

Senior Underwriter, MGA

Simply Business is a technology company that insures small businesses and empowers them to achieve their dreams. They are seeking a Senior Underwriter to manage and scale a direct-to-consumer insurance product, focusing on portfolio management, profitability, and product development.

FinanceInsurance
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Growth Opportunities

Responsibilities

Managing the underwriting quality and profitability of our MGA book, ensuring adherence to reinsurance guidelines and regulatory requirements
Working within our Underwriting Workbench to review risk alerts and document decision-making
Actively analyze key trends across new business and renewal cycles, and the performance of various products across lines, geographic regions, and distribution channels within the book of business, collaborating closely with the underwriting, product, and analytics teams
Using internal and external data to develop product recommendations that help us grow our programs
Working cross-functionally with insurance product, marketing, service, and other SB teams to optimize our products and processes
Your underwriting expertise will be critical to influencing change with internal and external partners, challenging norms, and thinking outside the traditional underwriting box
You will actively collaborate with and influence our external stakeholders—from reinsurers to claims administrators—to drive strategic changes that support the continued growth and profitability of our MGA

Qualification

Commercial lines underwritingProfessional Liability expertiseProperty & Casualty knowledgeCPCU designationData-driven analysisCustomer-first orientationCommunicationCollaborative workProblem-solving skillsProject management experience

Required

Bachelor's degree or at least 8 years of relevant work experience
5+ years of experience in commercial lines underwriting
Expertise in Professional Liability and Property considered a strong plus
Solid understanding of core Property & Casualty lines, including BOP, Package, General Liability, and Professional Liability
CPCU or similar insurance designation is considered a plus
Comfortable working in a data-driven environment
Solid understanding of pricing models, insurance workflows, and underwriting guidelines
Ability to clearly communicate complex underwriting and marketplace concepts to both technical and non-technical stakeholders
Dedicated to providing solutions that are easy for customers to understand and that truly meet the specific needs of small business owners
Ability to challenge the status quo, ask tough questions, and contribute to the future of the business
Ability to work independently as well as with others in a team environment and manage competing priorities

Preferred

Insurance designation(s) and/or insurance education (CPCU, AU, ARM, AAI, and/or MBA/MA degree)
Experience working with US commercial P&C products in an underwriting capacity
Advanced knowledge of product offerings, insurance lifecycle processes, underwriting guidelines and pricing systems
Advanced understanding of insurance workflows and concepts, including limits, coverages, pricing models, ISO and form/rate rules
Excellent communication, analytical, quantitative and problem-solving skills
Experience with project management
Passionate about the customer and the customers' user experience
Ability to challenge and shape the future of the business
An entrepreneurial spirit who wants to be part of insurance start-up

Benefits

We offer a great work-life balance where workloads are manageable and everyone has the flexibility to work hybrid
On top of the 25 days annual leave (plus bank holidays), we offer the option to buy five more days of holiday with your flexible benefits
Our flexible parental leave allows you to approach an important time how you want - with six months full pay to the primary caregiver and four weeks full pay if you're the secondary caregiver
Our life event leave is an extra days leave every two years for those big moments in your life like moving house or your birthday. And our long-serving employees get a two week paid sabbatical after five years of service, then four weeks off after ten years of service
Private medical insurance through BUPA, that covers any pre-existing condition is a core benefit. Plus a health cash plan that covers your everyday medical expenses
We offer a competitive salary based on your experience and the current market. Plus the potential to earn an annual bonus based on performance

Company

Simply Business

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Simply Business is a business insurance broker that offers tailored business insurance quotes to its clients.

Funding

Current Stage
Late Stage
Total Funding
unknown
2017-03-13Acquired

Leadership Team

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David Summers
Group CEO
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Samantha Roady
CEO, US
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Company data provided by crunchbase