Underwriter

Starr Insurance Companies$90K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of Commercial Property insurance experience required
  • Bachelor’s degree in a related field such as business, finance or insurance
  • Strong multitasking and prioritization skills
  • Excellent interpersonal skills with a team-focused mindset
  • Strong written and verbal communication skills
  • Attention to detail and ability to meet tight deadlines
  • Advanced computer skills, proficient in Microsoft Word, Excel, and PowerPoint

Responsibilities

  • Serve as Subject Matter Expert on US local property policies and regulatory requirements
  • Implement improvements for efficient policy issuance processes
  • Manage policy requests via Multinational Program Management Platform
  • Oversee all phases of the policy issuance process, including billing and renewals
  • Collaborate with team members and Multinational Program Coordinator
  • Resolve inquiries and complaints from brokers and network partners
  • Maintain accurate account records and documentation
  • Communicate status updates on local servicing with Starr producing offices
  • Play a key role in expanding team capabilities to serve additional lines of business
  • Handle special projects and meet deadlines alongside daily responsibilities

Benefits

  • Professional development opportunities
  • Dynamic team environment
  • Exposure to diverse insurance markets
  • Collaboration with stakeholders across the organization
  • Opportunity to influence process improvements and expansion
Full Job Description

Principal Functions & Responsibilities

  • Primary responsibility is to serve as the Subject Matter Expert, particularly with respect to statutory requirements and state-specific regulations mandated with the issuance of local property policies in the US under Starr’s filed and surplus lines paper, and be able to articulate same to stakeholders
  • Implement, and suggest improvements for, an efficient and scalable process to issue US local policies on behalf of Starr’s foreign Producing Office
  • Manage all US policy requests via Multinational Program Management Platform, and follow all required processes therein
  • Handle all phases of the policy issuance process including, but not limited to, billing and booking accounts, preparing quotations and binders, evaluating new and renewal policies and endorsements, creating and issuing manuscript and standard wording policies, and completing reinsurance layoff sheets.
  • Collaborate with, and work alongside, Multinational Program Coordinator and other members of the team
  • Provide overall service, which includes resolving broker/network partner inquiries, complaints, requests, and general inquiries
  • Maintain account records, which include underwriting, claims, legal and accounting documentation, to ensure files are accurate and complete and in alignment with Starr’s requirements.
  • Work closely with Starr producing offices to communicate and provide status updates on local servicing such as US policy issuance, invoicing and premium collection.  
  • Within a year, play a major role in expanding the team and the unit’s capabilities to serve additional lines of business.
  • Handle special projects as assigned and meet required deadlines while fulfilling all other day to day responsibilities.

Qualified candidates will possess:

  • 3+ years of Commercial Property insurance experience required
  • Bachelor’s degree in a related field such as business, finance or insurance
  • Excellent interpersonal skills, enthusiastic and ability to thrive in a team environment
  • Strong multitasking and prioritization skills
  • Strong written and verbal skills
  • Attention to detail
  • Ability to meet tight deadlines
  • Advanced computer skills. Microsoft Word, Excel & PowerPoint

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 New York, 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 $90,000 - $115,000.

About Starr Insurance Companies

Starr Insurance Companies Careers

There has never been a better time to join the global team of Starr Insurance Companies—the leading provider of insurance and investment solutions worldwide.

Work You’ll Do

Join Starr Insurance Companies' top-tier team to assist some of the most prestigious clients in navigating their risk management and insurance strategies. Transform the approach to global insurance solutions with the brightest minds at Starr Insurance Companies. This is where innovation meets industry expertise in a dynamic environment. Lead from a unique position in the marketplace, at the crossroads of deep industry knowledge and extensive insurance innovation. Engage with a worldwide network of professionals dedicated to redefining the future of insurance and risk management. Collaborate with a diverse and inclusive team, fostering a culture of professional growth and diversity training.

Introducing the Starr Insurance Companies Professional Growth Path

The team is committed to building a leading career development framework to help individuals master their professional journey within the insurance industry.

Do Innovative Work

Be part of a team that is at the forefront of industry innovation—delivering targeted solutions through a depth of expertise that is unmatched in the insurance sector.

Drive Innovation and Leadership

Develop and implement groundbreaking solutions on trusted platforms, enhancing Starr Insurance Companies' position as a leader in the insurance industry.

Be Part of a Great Team

Join a team that values diversity and leadership, working on a wide range of initiatives that harness the capabilities of Starr Insurance Companies' global presence.

Future-proof Your Career

Advance your career with limitless opportunities supported by unmatched training, development, and certification programs.

Explore

Discover how Starr Insurance Companies is leading the way in predictive analytics to revolutionize risk assessment and management solutions.

The Starr Insurance Companies Edge

With a commitment to innovation and leadership, Starr Insurance Companies helps clients tackle the challenges of today’s dynamic market. Clients globally turn to Starr Insurance Companies for strategic insights and solutions that drive growth and success in the insurance industry.

Stay Connected

Join the Team

Search open positions that match your skills and interests. Starr Insurance Companies seeks passionate, curious, and solution-driven team players. SEARCH STARR INSURANCE COMPANIES JOBS

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the professionals who work at Starr Insurance Companies.

READ CAREERS BLOG

Job Alert Emails

Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding career opportunities that await at Starr Insurance Companies.
Learn more about Starr Insurance Companies

Similar Jobs

More Jobs at Starr Insurance Companies

More Finance & Insurance Jobs

Find similar Underwriter jobs: