Specialty Underwriter

Westfield

$90K — $120K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required
  • 8-10 years in A&H business
  • Expertise in Stop Loss and Excess Reinsurance
  • Strong understanding of Employer Stop Loss
  • Established broker relationships
  • Experience in program management

Responsibilities

  • Underwrite Stop-Loss and Excess Reinsurance products
  • Analyze new and renewal business metrics
  • Collaborate with brokers on pricing and quotes
  • Manage profitability for assigned program business
  • Present proposals to peer review team
  • Contribute to underwriting strategy development
  • Build strong relationships with brokers and vendors
  • Engage in-person with customers as required

Benefits

  • Opportunity to contribute to strategic underwriting efforts
  • Collaborative work environment with diverse teams
  • Chance to engage directly with industry brokers
  • Participation in new product development
  • Professional growth through exposure to varied underwriting scenarios
Full Job Description
Job Description

Job Summary

The Senior Underwriter, Reinsurance, will be part of the Westfield A&H Underwriting team. You will be responsible for underwriting Stop-Loss, Excess Reinsurance and other specialty products.
  • Reporting to the Chief Underwriting Officer A&H, you will be a key contributor to the overall analysis and management of our new and renewal business.
  • You will work directly with brokers to successfully price and design quotes to acquire individual accounts and business produced through MGA/MGU's.
  • You will manage the relationship and profitability of program business written through assigned Managing General Underwriters.
  • The senior underwriter will propose effective underwriting strategies across various product lines.
  • You will be part of and present new and renewal opportunities to our Peer Review team (UW, Actuarial, Claims).
  • Contribute to the development and execution of our underwriting strategies.
  • Developing strong relationships with our business partners is a key goal for the department (Brokers, TPAs, vendors, etc.) You will manage specific assigned relationships.
  • Engage with brokers and customers in-person when needed
  • Participate in new product development as part of the A&H team.


Preferred Qualifications
  • Bachelor's Degree, plus 8-10 years of professional experience in the A&H business with demonstrated knowledge of Stop Loss and Excess Reinsurance
  • Strong current technical knowledge of Employer Stop Loss
  • Established broker relationships
  • Program management experience


This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

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