Crum & Forster Company Overview:
Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.
Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.
C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com.
Job Description:
Contractors Segment - Remote in Texas
Senior/Executive Underwriter Job Summary
Summary Key Responsibilities | We are seeking an experienced and dynamic Senior or Executive Underwriter to join our Guaranteed Cost Construction Department. In this role, you will be responsible for applying your sales knowledge and underwriting expertise to in assessing risk to foster premium growth and profitability in accordance with our construction risk appetite. You’ll work closely with C&F brokers and agents to manage relationships and provide tailored insurance solutions that meet the unique needs of their construction contractor clients. The position will report directly to the Territory AVP/Underwriting Director for the assigned Region. “Check In’s to Engage” on the performance of the employee/territory are ongoing, with CITE (Performance) Evaluations conducted quarterly. - Marketing: Source and qualify new business accounts from authorized producers.
- Underwriting: Make informed Underwriting decisions based on thorough analysis, ensuring compliance with company guidelines and regulatory requirements. In addition, maintaining proper Underwriting file documentation.
- Desk/Territory Management: Meet profitability, renewal retention, rate, and written premium goals as determined by the Territory Business Plan.
- Client Engagement: Build and maintain strong relationships with brokers, agents, and insureds by providing exceptional service and support through our Stewardship Program.
- Market Analysis: Stay updated on industry trends, market conditions, and competitor activities so as to identify opportunities and threats.
- Policy Management: Oversee the issuance, renewal, and modification of insurance policies, ensuring accuracy and timeliness of delivery.
- Collaboration: Work closely with the Claims, Risk Engineering,
Actuarial, Audit, and Financial Operations Departments to develop comprehensive insurance solutions throughout the product life cycle. In addition, cross-selling other segments of the C&F brand. - Training and Mentorship: Provide guidance and mentorship to other Underwriters and Underwriting Assistants so as to foster a culture of continuous learning and development.
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Additional Responsibilities | - Adhere to the assigned Underwriting Letter of Authority.
- Assist in developing annual business goals for assigned Agents/Producers. Responsible for analyzing results and maintaining accountability of agency partners within the department.
- Has an in-depth knowledge of Contractors Segment appetite, products, and services.
- Can clearly articulate the Contractors segment’s value proposition.
- Travel as required. (15%-20%)
- Other duties as assigned.
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Recommended Education & Requirements | - Experience: Minimum of 5 years of Underwriting and Sales experience in the construction insurance sector, with a focus on casualty and property guaranteed cost policies.
- Education: Bachelor’s Degree in Business, Finance, or a related field. Professional designations such as CPCU or CRIS are preferred.
- Skills: Strong analytical, decision-making, and communication skills with proficiency in underwriting software and tools.
- Knowledge: In-depth understanding of construction risks, insurance products, and regulatory requirements.
- Attributes: Detail-oriented, proactive, and able to thrive in a fast-paced environment.
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Location | Remote – TX (Preferably residing in the DFW area) |
Requirement
Join our team and contribute to the success of our Construction Guaranteed Cost Department by delivering innovative and effective insurance solutions. If you are a strategic thinker with a passion for underwriting and a commitment to excellence, we want to hear from you!
What C&F will bring to you:
At C&F you will BELONG
We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.
For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.
Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $78,900 to a maximum of $125,200. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range. You may also have the opportunity to participate in discretionary equity (stock) based compensation and/or performance-based variable pay programs.
- Flexible work arrangements.
- Competitive compensation package.
- Generous 401K employer match.
- Employee Stock Purchase plan with employer matching.
- Generous Paid Time Off.
- Excellent benefits that go beyond health, dental & vision. Our Wellness programs focus on your family’s complete wellness, including your physical and mental wellbeing
- A core C&F principle is that you manage your career. To support your development, we have a wealth of ways for you to keep learning, including tuition reimbursement, industry related certifications and professional training available to you.
- A dynamic, ambitious, fun and exciting work environment.
- A spirit of social responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving.
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