Works with FirePlus Underwriters to oversee production, underwriting, and profitability of book of business (new business and renewals) as to meet or exceed annual production and profitability targets;
Accountable for reviewing assigned new business submissions to verify that the risk qualifies, that all required underwriting documentation has been obtained, and that appropriate pricing has been determined;
Ability to analyze loss runs and calculate loss ratios. This skill set needs to be used when underwriting and quoting new business and renewals;
Will prepare referrals on accounts outside of their authority and send to FirePlus - Vice President for review and approval for release or submission to Company;
Achieve new business hit ratio and retention goals;
Assist in technical training to new underwriting team members to ensure that all risks conform to APR underwriting guidelines and file documentation requirements;
Coordinate with UW Support to issue error free policies and endorsements. Review and analyze complex policies.
Participate in new business development in accordance with the Program's business plan;
Establish and maintain strong relationships with assigned production sources to ensure client retention and foster strategic alliances;
Continue establishing strong Carrier relationships to ensure their confidence in your underwriting skills;
Meet performance standards for response time, quoting, binding, issuance, endorsements, and other underwriting level responsibilities;
Work toward becoming a subject matter expert regarding primary public entity coverage and emerging issues in the public entity segment. Qualifications:- Excellent written, verbal, and interpersonal skills;
- Strong analytical skills;
- Solid computer skills and ability to independently use Microsoft Office Products (Word, Excel, etc.);
- Strong negotiation skills combined with the ability to close new business opportunities;
- Flexibility for extensive work hours during the peak business periods of April 1st thru July 15th, and October 1st thru December 15th;
- Flexibility for 0%-10% business travel.
Experience / Education: - Bachelor's Degree, in Business, a related field, or equivalent education required;
- CPCU or ARM designation preferred;
- 5 or more years insurance underwriting experience required, with some experience in Public Entity related segment.
