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, preferably in an E&S environment.
  • Strong knowledge of primary general liability and products liability exposures.
  • Understanding of the non-admitted insurance market and its coverage nuances.
  • Existing relationships with wholesale brokers are a plus.
  • Ability to assess risks and make sound underwriting decisions quickly.
  • Strong interpersonal and negotiation skills for effective communication.

Responsibilities

  • Assess and underwrite primary casualty risks, including various liability types.
  • Build and maintain relationships with wholesale brokers to drive business.
  • Determine rates, terms, and conditions based on guidelines and market trends.
  • Monitor and manage a book of business for profitability and adherence to strategies.
  • Customize coverage forms and policy terms for unique E&S client needs.
  • Stay informed on industry trends, legal developments, and regulations affecting the E&S market.
  • Collaborate with actuarial, claims, and legal teams to ensure proper risk selection.

Benefits

  • Competitive compensation and performance-based incentives.
  • Comprehensive benefits package including health, dental, vision, and 401k.
  • Career development and advancement opportunities.
  • A dynamic, entrepreneurial, and collaborative work 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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