Underwriter Casualty

Golden Bear Insurance Company

• $90K — $150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-7+ years of casualty underwriting experience, ideally in an E&S setting.
  • Strong knowledge of general and products liability exposures across various sectors.
  • Understanding of non-admitted insurance market and its specific requirements.
  • Existing relationships with wholesale brokers is advantageous.
  • Strong analytical skills for risk assessment and decision-making.
  • Excellent communication and negotiation skills with stakeholders.

Responsibilities

  • Evaluate and underwrite primary casualty risks like general liability and products liability.
  • Develop and nurture relationships with wholesale brokers to enhance business opportunities.
  • Set competitive rates and terms based on market trends and company policies.
  • Manage a portfolio to ensure profitability while adhering to underwriting guidelines.
  • Customize policy terms and coverage to meet client needs in E&S markets.
  • Stay updated on trends and regulatory changes affecting the E&S casualty landscape.
  • Collaborate with internal teams to ensure effective risk selection and policy language.

Benefits

  • Competitive compensation and performance-based incentives.
  • Comprehensive benefits package including health, dental, and vision plans.
  • 401k plan to support your retirement savings.
  • Opportunities for career development and advancement.
  • Dynamic and collaborative company culture.
Full Job Description
Description

Job Summary

We are seeking an experienced Primary Casualty Underwriter to join our dynamic team. In this role, you will evaluate, price, and manage primary casualty risks across various industries, working closely with wholesale brokers to develop profitable business. This position requires a strong technical background in casualty underwriting, a keen understanding of E&S markets, and the ability to assess and structure coverage for unique or challenging risks.

Key Responsibilities
  • Risk Evaluation & Underwriting: Assess and underwrite primary casualty risks, including general liability, products liability, and liquor liability.
  • Broker Relations: Build and maintain strong relationships with wholesale brokers to drive profitable business and identify new opportunities.
  • Pricing & Negotiation: Determine appropriate rates, terms, and conditions in accordance with company guidelines and market trends.
  • Portfolio Management: Monitor and manage a book of business to ensure profitability and adherence to underwriting strategies.
  • Policy Structuring: Customize coverage forms, endorsements, and policy terms to meet the unique needs of E&S clients.
  • Market Analysis: Stay informed of industry trends, legal developments, and regulatory changes impacting the E&S casualty market.
  • Collaboration: Work with actuarial, claims, and legal teams to ensure sound risk selection and policy wording.


Qualifications & Experience
  • Experience: 3-7+ years of casualty underwriting experience, preferably within an E&S environment.
  • Technical Expertise: Strong knowledge of primary general liability and products liability exposures across various industries.
  • E&S Knowledge: Understanding of the non-admitted insurance market, including forms, filings, and coverage nuances.
  • Broker Network: Existing relationships with wholesale brokers is a plus.
  • Analytical & Decision-Making Skills: Ability to assess risks and make sound underwriting decisions in a fast-paced environment.
  • Communication & Negotiation: Strong interpersonal skills to interact effectively with brokers and internal teams.


Why Join Us?
  • Pay Range: $90,000 - $150,000 + Bonus
  • Competitive compensation and performance-based incentives
  • Comprehensive benefits package (health, dental, vision, 401k, etc.)
  • Career development and advancement opportunities
  • A dynamic, entrepreneurial, and collaborative work culture

If you're a results-driven underwriter with a passion for E&S primary casualty risks, we'd love to hear from you!

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