Nautilus Insurance Group (a Berkley Company) · 7 hours ago
Senior Underwriter, Team Lead
Scottsdale, AZ
Full-time
Hybrid
Senior Level
5+ years expNautilus Insurance Group is an elite Excess and Surplus Lines market offering commercial property and casualty insurance solutions. The Senior Underwriter, Team Lead will support the underwriting process, mentor newer underwriters, and enhance agency relationships while ensuring compliance with underwriting guidelines.
Commercial InsuranceInsuranceProperty Insurance
Responsibilities
Identify and develop plans to expand agency relationships with assigned offices
Coach and prepare underwriters to develop new relationships with agency partners, additional sources of profitable production, and ensure smooth underwriter re-assignments
Lead and assist team with identification and analysis of agency staff to develop plans and approaches for building deeper agency relationships
Assess new and renewal accounts to determine acceptability based on NIC underwriting guidelines and authority granted
Review new and renewal accounts to verify issuance is in compliance with NIC underwriting guidelines, address discrepancies as needed, and enter information into appropriate systems
Establish types and limits of coverage to be provided
Create, analyze, and interpret data from various systems and underwriting resources
Monitor production, profitability, and maintain agency relationships
Collaborate with underwriting team as well as other departments on underwriting philosophy
Effectively communicate (written/verbal) information to both internal and external customers to ensure our standards of excellence are maintained
Consult with agency staff to obtain additional information on existing accounts
Promote consistency throughout underwriting teams by contributing knowledge and soliciting feedback relative to underwriting philosophy and company goals
Maintain confidentiality with discretion and integrity with both internal and external information
Maintain familiarity with state laws and filing requirements within assigned territory to properly transact business within a state
Consult with underwriting team to determine if reinsurance is needed and negotiate terms with designated reinsurer companies
Identify and recommend changes to policy verbiage when standard text is not appropriate. Seek manager approval before implementing
Monitor the amount of insurance in force on a single risk or group of closely related risks. Evaluate the possibility of catastrophe losses and take necessary action
Occasionally assist with the development of special programs, underwriting procedures, and educational seminars
Compose reports and business correspondence such as travel summaries, agendas, and meeting minutes
Coordinate internal and/or external visits including, but not limited to, scheduling meetings, confirming staff availability, and arranging meals/entertainment
Provide guidance and support to less experienced team members within the department
Travel to agent offices and/or other external events is required
Perform other duties as assigned
Qualification
Required
Bachelor's degree; or at least two years' experience in a business or related field; or an equivalent combination of training and experience that provides the required knowledge, skills, and abilities
A minimum of five (5) years' experience as an Underwriter
Basic knowledge of computer programs in a Windows environment, including Word, Excel, and Outlook
Able to learn and utilize various underwriting applications to determine accurate classifications and calculate rates and premium charges using approved rating methods
Able to compute rates, ratios, and percentages
Preferred
AIS, ASLI, AU, and CPCU designations or completion of other insurance-related classes is preferred
Excess and surplus lines background is strongly preferred
Benefits
Paid Parental Leave! At Nautilus, we offer Childbirth Recovery Leave as well as Primary Caregiver Leave, for up to a maximum of 12 weeks of paid leave.
Nautilus offers Medical, Dental, and Vision coverage options, along with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices
We help our employees feel secure by providing a 401(k) program, profit sharing, stock purchase plan, life insurance, and travel accident insurance options.
One of our core values is “Committed to Serve” and these aren’t idle words. We provide every employee one paid day off per year to volunteer at a local charity. That’s serving with a smile!
We take risk management excellence and your professional growth seriously by offering Tuition Assistance and Industry-Related Education and Exam programs.
Can you hear us now? Employees are eligible for special cell phone service discounts with Verizon and AT&T.
We participate in the Plum Benefits program offering employees cost-free access to thousands of exclusive travel and entertainment discounts.
Flexible work arrangements
On site newly renovated fitness center - free to use for employees. Yoga and other classes available for a nominal fee.
Company
Nautilus Insurance Group (a Berkley Company)
Scottsdale, AZ based Nautilus Insurance Group is an "A+ XV" (Superior) rated member of the W.R. Berkley Corp., a Fortune 500 company.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Robert Petronko
Sr. Vice President & Chief Financial Officer
Recent News
2023-10-16
Company data provided by crunchbase