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Role Description

We currently have an opportunity for an Underwriting Consultant to join our Inland Marine team located remotely in Texas. This position underwrites risks including the selection and rejection of new and renewal business for the most complex, specialty accounts within the highest underwriting authority levels. Some of the Underwriting Consultant responsibilities include but are not limited to:

• Maximizes opportunities for underwriting profitable new and renewal business, as appropriate based on market conditions, by leveraging business relationships, product knowledge and underwriting acumen.
• Develops and maintains an active target account list tracking prospects and account rounding and/or missed opportunities.
• Manages financial performance of all assigned products in assigned territory including accident year loss ratio, premium plans (including new business, retention, and rate/exposure increases), and commission targets.
• Underwrites a book of business and manages underwriting quality and book management.
• Executes underwriting strategy, including portfolio management, self-audits of new and renewal business and well documented approvals of underwriting edits.
• Ensures compliance with standards and assigned underwriting authorities.
• Demonstrates a strong understanding of exposures and key coverage issues.
• Makes underwriting decisions to accept, decline, or modify risks within the highest production underwriter authority levels.
• Implements underwriting decisions in compliance with state laws.
• Develops superior working relationships with producers to successfully promote achievement of mutual growth and profitability goals.
• Identifies gaps in coverage and/or services and uses that information to help retain or obtain a customer.
• Works closely with and establishes strong business partnerships with other departments, including claims, actuary, and risk control staff.
• Regularly travels to key producers/accounts and remains highly visible in the marketplace.
• Anticipates the needs of the agency plant, analyzes trends, and implements proactive strategies.
• Understands and communicates the company’s underwriting appetite and generates qualified business in support of that appetite.
• Monitors agency action plans and participates in agency planning and marketing meetings.
• Gathers and analyzes competitor information and producer specific reports to support territorial rate reviews.
• Maintains a strong professional knowledge of competitive, regulatory and legal environments.
• Responds to requests for assistance or consultation from other company businesses or home office staff.
• May participate in industry events as a subject matter expert and representative of the company.
• Mentors and coaches less experienced underwriters.
• Develops and leads technical training and provides guidance to other departments within the company, as needed.

Qualifications

• Bachelor’s degree or equivalent experience.
• 7-10 years of progressively more complex specialty lines underwriting experience.
• Professional insurance designation is preferred (AICPCU, RPLU).

Requirements

• Salary range: $151,000 – $201,000, based on location, role, experience, and skillset.
• For candidates in San Francisco, CA; Washington DC; Massachusetts based offices and New York City metro area, the base salary range is $176,000 - $206,000.

Benefits

• Comprehensive medical, dental and vision insurance with no waiting period.
• Competitive paid time off programs.
• 401(k) savings and annual contributions of up to 12% of annual salary.
• Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits.