Offer summary

Qualifications:

7+ years of experience in the E&O marketplace, specifically with Lawyers E&O business., Strong knowledge of E&O underwriting practices, coverage, and pricing methodologies., Proficiency in Microsoft Office products, particularly Excel, Word, and PowerPoint., Ability to understand and manuscript policy language and clauses..

Key responsabilities:

Examine and analyze submissions to determine risk classification and appropriate underwriting terms.

Provide prompt and accurate customer service on policy transactions and ensure compliance with underwriting standards.

Build and maintain relationships with broker partners to enhance Core Specialty's presence in the professional liability market.

Document underwriting activities and decisions in accordance with internal policies and applicable regulations.

Job description

Examination & analyzing of submissions forwarded to Core Specialty by our brokers to determine if the risk is a targeted class of business and subsequently to determine appropriate limits, pricing & terms that will provide Core Specialty with adequate underwriting profit on each risk. This business unit provides Commercial Errors & Omissions Liability products and services for small and medium sized businesses and professionals. This role will focus on our Lawyers business.

Key Accountabilities/Deliverables:

Execution of E&O business plans and objectives including:

Build Core Specialty’s reputation and presence in the professional liability market

Provide prompt and accurate customer service on policy transactions

Ensure all risks considered and bound are within delegated authority, underwriting standards, risk selection, peer review and pricing methodologies

Provide documented evidence of underwriting activities and decisions in files as required

Support Company and Department goals and objectives

Build Core Specialty’s relationships with our broker partners

In addition to the above key responsibilities, you may be required to undertake other duties from time to time as the Company may reasonably require.

Carry out duties within our internal policies and procedures in accordance with applicable law, rules, regulation, good governance and Core Specialty’s shared values, including putting clients at the heart of our business.

Technical Knowledge and Understanding:

Strong knowledge of E&O underwriting industry including strong experience with Lawyers E&O business.

Knowledge of E&O underwriting practices, coverage & pricing/rating methodologies with the ability to manuscript policy language.

Strong knowledge of producer & competitor marketplace

Strong knowledge of targeted industries

Strong knowledge of insurance company operations

Solid understanding of policy wordings and clauses

Up-to-date knowledge of the insurance market environment

Experience:

7+ years in the E&O marketplace with a focus on Lawyers E&O business.

Experience working with support services, including IT, claims, actuarial and operations

Strong Proficiency with Microsoft Office products (Excel, Word, PowerPoint)

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.

#LI-Hybrid

#LI-Remote

At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

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