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Core Specialty Insurance Holdings, Inc. · 1 day ago

AVP Underwriter - D&O

Chicago, IL

Full-time

Hybrid

Mid, Senior Level

$140K/yr - $175K/yr

5+ years exp

Core Specialty Insurance Holdings, Inc. is seeking an AVP Underwriter - D&O to examine and analyze submissions from broker partners to determine risk and appropriate underwriting terms. The role involves executing D&O business plans, providing customer service on policy transactions, and building relationships with broker partners.

InsuranceMarine Transportation

No H1B

Responsibilities

Examination & analyzing of submissions forwarded to Core Specialty by broker partners to determine if the risk is a targeted class of business and subsequently to determine appropriate limits, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk

Execution of D&O business plans and objectives including:

Build Core Specialty’s reputation and presence in the product liability market

Provide prompt and accurate customer service on policy transactions

Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies

Provide documented evidence of underwriting activities and decisions in files as required

Support Company and Department goals and objectives

Build Core Specialty’s relationships with our broker partners

In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require

Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance and Core Specialty’s shared values, including putting clients at the heart of our business

Qualification

Public D&O underwritingUnderwriting practicesCoverage & pricing methodologiesInsurance company operationsRPLU designationBroker relationship managementPolicy wordings understanding

Required

Strong knowledge of Public D&O underwriting industry

Knowledge of Public D&O underwriting practices, coverage & pricing/rating methodologies

Strong knowledge of wholesale producer & competitor marketplace

Strong knowledge of targeted industries

Strong knowledge of insurance company operations

Solid understanding of policy wordings and clauses

Up-to-date knowledge of the insurance market environment

Bachelor's degree or equivalent relevant experience

5 Plus years' experience in D&O Underwriting

Ability to travel monthly within the region to meet assigned brokers in the region

Applicants must be authorized to work for any employer in the U.S

Preferred

Industry designation such as RPLU or similar is a plus

Benefits

Medical, dental, vision, and life insurances

Short and long-term disability

A Company-match of 100% of a 6% contribution 401(k) plan

An Employee Assistance Plan

Health Savings Account

Flexible Spending Account

Health Reimbursement Account

A wellness program

Company

Core Specialty Insurance Holdings, Inc.

Core Specialty, through its subsidiary insurers, offers a diversified range of property, casualty, and marine insurance products for small to mid-sized businesses.

Founded in 2020

Jersey City, New Jersey, USA

1001-5000 employees