Produce, underwrite and service profitable Marine business in accordance with all department guidelines. Assumes a leadership role in the organization to positively influence staff and promote a positive image of MSIG in the marketplace. Develop agency relationships and build a profitable book of business.
Essential Functions:
- Produces, selects and underwrites Marine risks within delegated underwriting authority, including construction, transportation or other classes of Inland Marine as authorized.
- Applies appropriate account selection, coverage and pricing techniques according to department guidelines.
- Monitors underwriting results, premium and loss trends within assigned book of business.
- Establishes and executes effective and efficient producer and client visits (in conjunction with other internal units and Marketing Representatives as necessary) in order to maintain existing accounts and develop new business.
- Coordinate with inter-company departments as well as producers, insureds, Distribution, and Marketing Representatives to ensure appropriate high level account management standards are maintained.
- Enhances underwriting expertise in the area of Marine including assisting in training and development of Department staff.
- Responsible for helping develop and implement best practices in the areas of Account Management.
Education and Experience Required:
- Bachelor’s degree or equivalent business experience preferable. CPCU/ insurance designations encouraged.
- 5+ years of Marine underwriting experience, demonstrated productivity and profitability and strong business acumen related to building a profitable book of business.
- Strong knowledge and technical expertise of commercial Inland Marine exposures, risks, forms, coverages, and market capabilities.
- Strong portfolio management, production, organization and time management skills with an understanding of the company’s business objectives.
- Ability to travel as required for marketing, production and producer management activities.
Salary: he base pay range for Senior Underwriter is $110,000.00 - 150,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.
Additional Benefits:
- Healthcare and Retirement Benefits
- Comprehensive medical, dental, and vision coverage
- 401(k) with a generous employer match and profit-sharing contribution
- Wellness incentive program
- Life and accidental death and dismemberment (AD&D) insurance
- Flexible spending programs
- Short-term and long-term disability plans
Additional Benefit Programs
- Paid time off program
- Paid charitable leave
- Paid parental leave
- Tuition reimbursement program
- Personal insurance (auto/homeowners) discounts
It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!
