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Senior Underwriter-Remote

Remote: 
Full Remote
Contract: 
Salary: 
100 - 120K yearly
Experience: 
Mid-level (2-5 years)
Work from: 
New York (USA), United States

Offer summary

Qualifications:

Bachelor’s Degree or equivalent education preferred, CPCU or ARM designation a plus, 2+ years insurance underwriting experience required in management liability, Strong analytical and negotiation skills, Excellent written, verbal, and interpersonal skills.

Key responsabilities:

  • Oversee production, underwriting, and profitability of book of business
  • Review new business submissions and determine appropriate pricing
  • Prepare referrals on accounts outside authority for Lead Underwriter review
  • Assist in technical training for new underwriting team members
  • Participate in new business development and maintain relationships with production sources
K2 Insurance Services logo
K2 Insurance Services https://www.k2ins.com/
501 - 1000 Employees
See more K2 Insurance Services offers

Job description

Senior Underwriter - Aegis Executive Risks

Aegis Executive Risks, a subsidiary of K2 Insurance Services, LLC, an exclusive underwriting manager of customized management liability products for private and nonprofit entities, seeks a full-time Senior Underwriter to join its team remotely.  

Aegis Executive Risks offers the opportunity to join an established company in growth mode.  Our compensation program includes competitive pay; bonus plan; medical, dental, and vision insurance; paid time-off in year of hire; and 401(k) with employer match.  

Salary Range: 100,000-120,000 USD per year

 Responsibilities: 

  • Works with Lead Underwriter 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 Lead Underwriter for review and approval for release or submission to Company; May handle direct referrals to Company, particularly as tenure is attained.
  • Achieve new business hit ratio and renewal retention goals;
  • Assist in technical training to new underwriting team members to ensure that all risks conform to AER 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;
  • Begin working with Lead Underwriter to participate in enhancing AER’s profile, including participating in broker marketing calls;
  • Meet performance standards for response time, quoting, binding, issuance, endorsements, and other underwriting level responsibilities;
  • Work toward becoming a subject matter expert regarding primary and excess private/nonprofit entity coverage and emerging issues in the management liability space.  

Qualifications:

  • Excellent written, verbal, and interpersonal skills;
  • Strong analytical skills;
  • Solid computer skills and ability to independently use Microsoft Office Products;
  • Strong negotiation skills combined with the ability to close new business opportunities;
  • Flexibility for 0%-20% business travel.

Experience / Education:

  • Bachelor’s Degree, in Business, a related field, or equivalent education preferred;
  • CPCU or ARM designation a plus; 
  • 2 or more years insurance underwriting experience required in management liability related segments.

 

Required profile

Experience

Level of experience: Mid-level (2-5 years)
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Verbal Communication Skills
  • Relationship Management
  • Analytical Skills
  • Physical Flexibility
  • Microsoft Office
  • Social Skills

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