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 business experience preferred, CPCU/insurance designations encouraged.
  • 5+ years of Inland Marine underwriting experience with proven productivity and profitability.
  • Strong knowledge of commercial Inland Marine exposures, risks, forms, coverages, and market capabilities.
  • Excellent portfolio management, production, organization, and time management skills.
  • Willingness to travel for marketing and producer management activities.

Responsibilities

  • Produce, select, and underwrite Inland Marine risks within delegated authority.
  • Apply account selection, coverage, and pricing techniques as per department guidelines.
  • Monitor underwriting results, premiums, and loss trends in assigned accounts.
  • Establish and execute effective producer and client visits to maintain and develop business.
  • Coordinate with internal departments and producers for high-level account management.
  • Enhance departmental underwriting expertise and assist in training staff.
  • Help develop and implement best practices for account management.

Benefits

  • Opportunity to join a financially sound and growing global insurance group.
  • Professional development and training opportunities.
  • Flexible work environment with possible hybrid arrangements.
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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