Selective Insurance Group Inc

Sr Underwriting Strategy Specialist (Hybrid)

Selective Insurance Group Inc • $163K — $211K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Risk Management, Insurance, Economics, or related field.
  • 5-8 years of commercial P&C insurance experience in underwriting, portfolio analysis, actuarial, analytics, or related roles.
  • Strong knowledge of commercial market segments and underwriting dynamics.
  • Proficient in analyzing portfolio and market data to derive actionable insights.
  • Experience with business intelligence tools for strategic decision-making.
  • Professional designations like CPCU or ARM are preferred.

Responsibilities

  • Monitor and analyze portfolio performance across various market segments.
  • Identify trends and risks affecting market segments.
  • Support quarterly underwriting and strategic planning reviews.
  • Collaborate with leadership and cross-functional teams to develop insights.
  • Assist in executing diversification strategies and monitoring segment performance.
  • Analyze external market trends impacting strategy.
  • Enhance segment-level tools and reporting frameworks.

Benefits

  • Comprehensive health care plans.
  • Retirement savings plan with company match.
  • Discounted Employee Stock Purchase Program.
  • Tuition assistance and reimbursement programs.
  • 20 days of paid time off.
Full Job Description
Overview

This role supports the Underwriting Strategy function by analyzing portfolio performance across Selective's commercial market segments, including Contracting, Manufacturing, Mercantile & Service, Technology, Human Services, Real Estate, and other industry verticals. The analyst translates segment, diversification, competitive, and regional performance data into strategic insights that help inform underwriting and growth priorities

Responsibilities

  • Monitor and analyze portfolio performance across market segments, including growth, profitability, retention, diversification, and risk quality.
  • Identify trends, concentration risks, opportunities, and competitive dynamics that impact our market segments.
  • Support quarterly underwriting reviews, countrywide reviews, and strategic planning materials.
  • Partner with Market Segment leadership, Product, Actuarial, Claims, Underwriting Practices, and regional teams to develop strategic insights.
  • Support diversification strategy, segment monitoring, and execution tracking.
  • Analyze external market and industry trends impacting segment performance and strategy.
  • Help improve segment-level tools, reporting, and analytical frameworks.

Qualifications

Knowledge and Requirements

Demonstrates strong knowledge of commercial market segments, industry verticals, and related underwriting and competitive dynamics, with the ability to analyze portfolio and market data and translate insights into actionable business recommendations. Possesses strong analytical, communication, and cross-functional collaboration skills, along with experience leveraging business intelligence tools to support strategic decision-making. Knowledge of multiple market segments, actuarial concepts, competitive intelligence, distribution performance metrics, diversification strategies, and external market data sources is preferred. Professional insurance designations and experience working across both field and home office environments are a plus.

Education and Experience

Bachelor's degree in Business, Finance, Risk Management, Insurance, Economics, or related field.
5-8 years of commercial P&C insurance experience in underwriting, portfolio analysis, actuarial, analytics, or related roles.
CPCU, ARM, or other relevant professional designations preferred

Total Rewards

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off. Additional details about our total rewards package can be found by visiting our benefits page.

The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Pay Range

USD $163,000.00 - USD $211,000.00 /Yr.

About Selective Insurance Group Inc

Selective Insurance Group, Inc. is a holding company for ten property and casualty insurance companies. The company provides insurance products and services to businesses, non-profit organizations, and individuals. Selective Insurance Group has been in business for over 90 years and has a strong reputation for customer service and financial stability. The company is headquartered in Branchville, New Jersey, and has over 2,450 employees. Selective Insurance Group is committed to giving back to the communities where it operates and has a strong focus on corporate social responsibility. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol SIGI.
Learn more about Selective Insurance Group Inc
Size
2,440 employees
Market Cap
$5.4 billion
Industry
Net Income
$246.3 million
Founded
1926
5 Year Trend
+6.9%
Revenue
$2.9 billion
NASDAQ

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