Crunchbase

Senior Underwriter, E&S Property Dallas

Crunchbase$80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Economics, Business, Risk Management, or Engineering
  • 3+ years of experience with upper middle market and middle market property accounts
  • 1+ year experience as an underwriter at a non-admitted carrier
  • Knowledge of CAT Modeling parameters and risk assessment
  • Strong communication and presentation skills
  • Active listening and interpersonal skills to build broker relationships
  • Proficient in Microsoft Office, especially Excel, Word, and PowerPoint.

Responsibilities

  • Develop a profitable book of property insurance under the Regional Property Manager's guidance
  • Create collaborative business plans with the Distribution division for targeted production
  • Build and maintain relationships with approved wholesale brokers
  • Underwrite and manage a profitable book in the non-admitted property market
  • Identify business opportunities that differentiate the company
  • Analyze submissions and negotiate property insurance products
  • Monitor portfolio metrics and adjust strategies accordingly.

Benefits

  • Opportunities for professional growth and development
  • Work in a collaborative environment with a focus on innovation
  • Supportive leadership and mentorship from senior management
  • Exposure to a diverse range of businesses and risks
  • Opportunity to engage with industry-leading wholesale brokers.
Full Job Description
Responsibilities and Accountabilities:
  • Under the guidance of the Regional Property Manager and within the company guidelines, develop a profitable book of property insurance business for US domiciled upper middle market and middle market accounts within the region
  • Create business plans in collaboration with our Distribution division to achieve targeted production with identified key wholesale brokers. Identify occupancy classes to be targeted with these producers
  • Develop and maintain relationships with approved wholesale brokers, including but not limited to travels within the region, prepare and deliver presentations, training on our new products
  • Underwrite, maintain, and grow a profitable book of business in the non-admitted property market with wholesale brokers. This includes evaluate and prioritize submissions; analyze exposure, coverage requests; determine acceptable deployment of gross and net capacity, determine pricing and negotiate the final property insurance product on an account basis. Monitor his/her portfolio metrics
  • Identify business opportunities to differentiate the company and assist the Regional Property Manager and the Property Operations manager into their development

Required Skills and Abilities:
  • Well-developed active listening, problem solving mindset and interpersonal skills for developing and strengthening broker relationships
  • Strong communications skill, business writing and oral presentation skills must be excellent
  • Well- developed business acumen to understand performance metrics, develop and implement profitable growth strategy within his/her dedicated territory
  • Strong organizational skills and ability to work independently
  • Sound technology capabilities in Microsoft products such as Excel, Word, and PowerPoint and ability to use and manipulate dat
  • Knowledge of CAT Modeling parameters (PML, AAL, data quality) to assess an account and a portfolio exposure and calculate a cat rate
  • Understanding of the key elements of risk selection and risk assessment, can develop loss estimates, develop and negotiate a risk mitigation plan based on survey reports and place fac reinsurance when necessary

Education/Experience:
  • Bachelor's degree (ideally with a degree/major in Economics, Business, Risk-management or Engineering).
  • Additional industry-specific study or designations (such as CPCU & ARM) are a plus
  • 3+ years of property experience handling upper middle market and middle market property accounts. This should include 1 year experience at a non-admitted carrier as an underwriter

About Crunchbase

Crunchbase is a company providing business information about private and public companies. Their content includes investment and funding information, founding members and individuals in leadership positions, mergers and acquisitions, news, and industry trends.
Learn more about Crunchbase
Industry
Founded
2007

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