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HUB International · 11 hours ago

Senior Underwriter

New York, NY

Full-time

Onsite

Mid, Senior Level

$125K/yr - $150K/yr

2+ years exp

HUB International is a leading provider of insurance brokerage services, and they are seeking a Senior Underwriter to join their Encore Fiduciary team. The role involves underwriting new and renewal business opportunities in fiduciary and management liability, building relationships with brokers and clients, and making independent sales calls to market products.

Financial ServicesInsuranceInsurTechRisk Management

Responsibilities

Underwrite new and renewal submissions with an emphasis on risk analysis, coverage and price. Indicate, quote, request additional information or decline in accordance with established guidelines, authorities and procedures outlined by the insurance carrier and/or the department

Review expiration/renewal lists with the Underwriting Technician and identify accounts to be non-renewed

Develop, over time, an expertise in fiduciary liability insurance for multiemployer, governmental and for-profit plan sponsors

Review loss runs from insurance carriers and review risks for frequency or severity of claims

Research underwriting issues and marketplace conditions and report to underwriting and marketing team to maintain competitive edge and industry awareness

Foster producer relationships by actively making marketing telephone calls and on occasion accompany the marketing team for an office visit

Research and resolve underwriting issues with manager or insurance company on a per account basis

Adhere to Departmental agreed upon turnaround/servicing standards for all facets of underwriting

Maintain a solid working relationship with insurance carrier and agents/brokers

Demonstrate the ability to articulate coverage differences and company stances to brokers

Develop comprehensive referrals for the management team to review or for carrier approval

Perform other duties and projects as assigned by management

Qualification

Underwriting management liabilityFiduciary liability expertiseBroker relationship managementRisk analysisProfessional liability insuranceCustomer service orientedHandle multiple tasksWindows proficiencyCommunication skillsDetail orientedSelf-motivatorWork independently

Required

Must have minimum 2-7 years' experience underwriting management liability and/or professional liability insurance lines – specifically Fiduciary, D&O, EPL, Cyber, Crime, Investment Advisors and/or E&O insurance

established/existing relationships with retail or wholesale brokers that specialize in management liability insurance

Ability to function well in a team as well as with people from all levels of the industry, internally and externally

Excellent written and oral communication skills

Detail oriented with strong mathematical skills

Self-motivator; ability to take initiative; possesses drive

Ability to present oneself in a professional manner

Customer service oriented

Ability to work independently and with minimal supervision

Ability to handle multiple tasks in a fast-paced environment

Ability to perform well under pressure

Ability to operate a computer proficiently using a Windows environment