Senior Underwriter - Inland marine

MSIG Holdings USA, Inc.

$150K — $200K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience; CPCU designations encouraged.
  • 5+ years of Inland Marine underwriting experience with a focus on productivity and profitability.
  • Strong technical knowledge of Inland Marine exposures and risk management.
  • Demonstrated skills in portfolio management and account organization.
  • Willingness to travel for producer management and client engagement.

Responsibilities

  • Produce, select, and underwrite Inland Marine risks.
  • Apply account selection and pricing according to guidelines.
  • Monitor underwriting results and loss trends of assigned business.
  • Conduct effective client and producer visits to maintain relationships.
  • Collaborate with internal departments for high-level account management.
  • Enhance underwriting expertise and assist in staff training.
  • Develop and implement best practices in Account Management.

Benefits

  • Hybrid work model promoting flexibility.
  • Opportunities for professional development and training.
  • Access to a global network within a leading insurance group.
  • Supportive work environment focusing on employee growth and satisfaction.
  • Commitment to equal employment opportunity.
Full Job Description
Summary:

Produce, underwrite and service profitable Inland 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 Inland 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 Inland 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 Inland 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: The base pay range for Senior Underwriter is 150,000.00 to $200,000.00 Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

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