Sr. Underwriter, Excess Construction

Starr Insurance Companies$120K — $160K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • At least 3 years' experience underwriting mid to large construction excess accounts.
  • Established relationships with construction brokers.
  • Technical casualty underwriting expertise.
  • Proven sales and business development experience in a competitive market.
  • Strong verbal, written, and interpersonal skills.
  • Advanced proficiency in Excel, Word, and PowerPoint.
  • Bachelor's degree preferred.

Responsibilities

  • Develop and manage the construction excess business portfolio.
  • Achieve the budgeted premium goals set for the role.
  • Cultivate relationships with retail and wholesale brokers.
  • Oversee and manage the production and excess construction staff in the region.
  • Conduct comprehensive underwriting analysis on submissions.
  • Prepare and issue quotes, binders, and other necessary documentation.
  • Track the new business pipeline effectively.

Benefits

  • Comprehensive health benefits package.
  • Flexible work arrangements possible.
  • Opportunities for professional development and training.
  • Supportive team culture focused on growth.
  • Employee wellness programs.
Full Job Description
Position Overview

The position entails development and servicing of excess construction portfolio. The Underwriter will be responsible for all aspects of portfolio management, including solicitation of submissions, underwriting analysis, preparing and issuing indications/quotations/binders, and tracking new business pipeline.

Essential Job Functions
  • Develop, oversee and underwrite the construction excess business
  • Achieve budgeted premium goals
  • Develop retail and wholesale brokerage relationships
  • Manage production and excess construction staff in the region


Job Requirements

Candidates should be organized, disciplined insurance underwriting professionals that can work effectively in a dynamic environment and possess the following:
  • At least 3 years' experience underwriting mid to large construction excess accounts
  • Must have relationships with construction brokers
  • Must possess technical casualty underwriting capabilities
  • Proven sales and business development skills in a dynamic marketplace
  • Strong verbal, written and interpersonal skills
  • Advanced proficiency in computer applications: Excel, Word and PowerPoint
  • Bachelor's degree preferred


NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

For individuals assigned and/or hired to work in California, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $120,000-160,000.

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