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Howden · 2 days ago

Senior Underwriter E&S Commercial Auto

United States

Full-time

Remote

Senior Level

$150K/yr - $175K/yr

5+ years exp

DUAL North America is a leading underwriting organization, and they are seeking a Senior Underwriter for the Commercial Auto Division. The role involves shaping the underwriting framework, managing a portfolio of complex risks, and developing broker relationships to achieve profitability objectives.

Business DevelopmentInsuranceLocal Business

Responsibilities

Underwrite complex insurance risks within granted level of authorities by identifying and analyzing risk exposures, loss frequency and severity against desired coverage

Use appropriate pricing procedures and rules to develop rates which are adequate to offset risk exposure and ensure book profitability

Develop and maintain full knowledge of all forms, coverages, rating models, and manuals for the specific line being underwritten

Make sound risk selection decisions, balancing exposure, coverage, limits, and pricing

Ensure submissions meet underwriting standards and risk information is adequate to underwrite and price for exposure and avoid unknown exposures

Curate a portfolio of business in accordance with Underwriting Guidelines and prescribed pricing tools

Identify changes in account/ market risk exposures and loss trends to maximize profitability

Work with Commercial Auto EVP to define and execute team production goals

Review referrals from Underwriters and Associate Underwriters

Provides technical guidance, coaching, and mentoring to others on the team and within the company; may formally manage direct reports but is not required

Execute on annual new and renewal business goals by achieving agreed premium targets and hitting quote numbers with desired hit ratios and/or retention ratios

Foster relationships with key producers by traveling to connect and attend events/meetings as needed

Gather and compile information required to quote and/or bind an account

Demonstrate advanced understanding of technical underwriting principles and risk underwriting in the Commercial Auto line of business which could include key components of risk factors and how these progress over time, understanding basic exclusions and understanding more nuanced risks as well; may begin expanding knowledge of other risk classes and lines of business as well

Keep up to date on market dynamics, competitive landscape, and product differences - communicate market intelligence to the broader group

Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives

Follow Commercial Auto Underwriting Guidelines and operate within defined authority as outlined in LOA

Qualification

Underwriting experienceTechnical underwriting principlesRisk assessmentCPCU certificationAnalytical skillsMicrosoft Office SuiteNegotiation skillsCommunication skillsAttention to detailRelationship buildingDecision-making skills

Required

5–8 years of relevant underwriting experience

In-depth understanding of technical underwriting and pricing principles and risk assessment

Strong analytical, negotiation, and decision-making skills

Proven ability to manage and build broker and client relationships

Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)

Demonstrated ability to handle complex risks with sound judgment

Highly self-motivated with strong attention to detail

Ability to travel up to 10% as required for client meetings, conferences, or industry events

Must be able to remain in a stationary position approximately 50% of the time, with occasional movement throughout the office to access files and equipment