About the role.
The Underwriting Specialist is a key member of the Underwriting team reporting to the Regional Underwriting Manager. The primary goal of this position is to profitably grow a book of business by actively partnering with brokers and working effectively with colleagues throughout the organization. This person will plan and budget for the book of business, develop andmaintainbroker relationships, and execute underwriting decisions. Underwriting Specialistsare able tohandlethe large, complex accounts, and are expected to handle key relationships with a broker at the principle and PL manager level as well as drive business in the door through active engagement with COIs.
Whatyoulldo.
- Business Management.Planning and budgeting for the book of business, tracking and reporting performance to plan, and developing a clear view of market conditions and competitive landscape.
- Broker Partnership.Development,maintenanceand managementof keybroker partnerships; development of strategies and goals for brokers and tracking of progress; and positioning PURE within a broker partner, including:
- Deliver exceptional,timely,completeandaccurateservice to brokers
- Develop trusted,respectedand lasting relationships with broker partners
- Work with brokers to craft best solutions for their clients
- Share knowledge and best practices with brokers
- Underwrite empathetically at all times
- Underwriting Execution.Responsible for new and renewal underwriting execution, including selecting risks in line with PUREs strategy and underwriting guidelines,operatingwithin authority and documentationguidelinesand following up on accounts and closing new business.
- Underwriting Referrals.Responsible for delivering excellent referral service to more junior Underwriters on the Underwritingteam, andassistingin their development.
- Franchise Management.Command of their book of business and ability to clearlyidentifyand address profitability and growth issues and implement effective profit improvement strategies with minimal outside support.
Whatyoullneed.
- Bachelors Degree
- Minimum 7 years high net worth underwriting experience
- Demonstrated technicalexpertiseand product specific knowledge
- Strong analytical skills
- Demonstratedproficiencyin sales and marketing
- Stronginterpersonal,communicationand negotiation skills.
- Ability to effectively interact with all levels of internal and external businesspartners;including insurance brokers.
- Experience developing and executing on marketing plans and prospects
- Ability to be creative and adaptable in a changing business environment
- Sound, balanced andtimelydecision makingskills
- Knowledge of Microsoft Office Suite as well as other business-related software
- Current P26C and E26S broker licenses preferred, must obtain within first 45 and 60 days of hire respectively if you dont already possess them
Compensation Package
The base salary for this role can range from $100K - $140K, based on a full-time work schedule. An individuals ultimate title and compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience. You will also be eligible for annual merit-based increases and discretionary bonuses.
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