Starr · 10 hours ago
Senior Underwriter
New York, NY
Full-time
Onsite
Senior Level
5+ years expStarr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance. They are seeking a Senior Underwriter to manage a significant book of business, evaluate and underwrite risks, and build strong relationships with clients and brokers.
Commercial InsuranceFinancial ServicesProfessional Services
Responsibilities
Manage and oversee a significant book of business: Take full accountability for the profitability, growth, retention, and overall performance of an assigned portfolio of ocean marine accounts (Cargo, Hull & Machinery, Marine Liabilities). Monitor key metrics like loss ratios, rate adequacy, premium volume, and portfolio health; make strategic renewal, non-renewal, or modification decisions
Evaluate and underwrite risk: Assess applications for ocean marine insurance (including cargo, hull and machinery, marine liabilities and related coverages) by analyzing risk factors and other data to determine insurability and appropriate terms
Price and quote policies: Develop pricing, premiums, deductibles, limits, and policy terms/conditions using sound underwriting judgement, market conditions, company guidelines, and personal underwriting authority level to ensure profitability
Negotiate terms: Skillfully negotiate coverage, rates, and conditions with brokers, agents, insureds, or customers on complex accounts to achieve favorable outcomes while balancing risk and business goals
Build and maintain relationships: Cultivate strong, long-term partnerships with key agents, brokers, and clients; serve as a primary point of contact for major accounts; drive new business production through proactive marketing, relationship management, and identifying cross-sell or expansion opportunities
Support business development: Contribute to production goals by identifying opportunities, underwriting new business efficiently, and collaborating on strategic objectives
Monitor and report: Track loss activity, rate adequacy, market trends, and portfolio performance; provide input on underwriting strategies or improvements
Meets all file documentation standards, comply with underwriting and authority level standards and pass all audits (both internal and external)
Mentor and support junior team members: Provide guidance, training, or oversight to less experienced underwriters; assist in complex risk discussion, decision making, or deal structuring
Qualification
Required
5-10 years of marine production underwriting experience, with demonstrated levels of progressive responsibility and analytical skill
Bachelor's degree or equivalent business experience preferable
Strong knowledge of Ocean Marine forms, terms and conditions
Strong producer management and production skills with an understanding of the profit center's business objectives
Excellent verbal, written and interpersonal communication skills
Benefits
First class training and development opportunities
Company
Starr
With 100+ years of experience across leading industries, We apply an innovation mindset, agile approach, And a global team with local expertise wherever you operate.
1001-5000 employees
H1B Sponsorship
Starr has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2022 (1)
2020 (2)
Funding
Current Stage
Late StageLeadership Team
Sean Chen
President
Company data provided by crunchbase