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Senior Underwriter, Commercial Excess

Key Facts

Full time
Entry-level / graduate
English

Other Skills

  • Information Gathering
  • Relationship Management
  • Decision Making
  • Communication
  • Adaptability
  • Microsoft Excel
  • Negotiation
  • Teamwork
  • Persuasive Communication
  • Microsoft Word
  • Microsoft Outlook
  • Problem Solving

Roles & Responsibilities

  • Bachelor's degree or equivalent experience in business or related field
  • Minimum of five years underwriting experience in Commercial Umbrella/Excess with knowledge of General Liability and Commercial Automobile
  • Excess and Surplus lines background
  • Strong MGA/production underwriting relationships and market access

Requirements:

  • Underwrite and analyze risk acceptability on light to moderately complex business within NIC guidelines
  • Determine profitable rate/price and capacity offerings based on individual risk exposure
  • Review new and renewal accounts to verify issuance complies with NIC underwriting guidelines and maintain profitability of the portfolio
  • Maintain and foster positive agency relationships; collaborate with underwriting team and other departments on underwriting philosophy

Job description

Company Details:

Nautilus_Logo

 

As an elite Excess and Surplus Lines market, Nautilus Insurance Group offers commercial property and casualty insurance solutions to appointed wholesale surplus lines producers countrywide.  We have specialized in providing these solutions for more than 35 years.

We have more flexible policy terms and premium rates on a non-admitted basis. Our focus is small to medium Property and Casualty risks on both an admitted and a non-admitted basis.

Our offerings are distributed through partnerships with appointed wholesale surplus lines producers. Our relationships are defined by mutual success, speed to market, customer-centric focus and an expanded appetite. 

Coverage placed by Nautilus Insurance Group is provided by Nautilus Insurance Company and Great Divide Insurance Company, both W. R. Berkley Corporation members with A.M. Best (Superior) A+ XV ratings.

Benefit Highlights:

  • Paid Parental Leave! At Nautilus, we offer Childbirth Recovery Leave as well as Primary Caregiver Leave, for up to a maximum of 12 weeks of paid leave.
  • Nautilus offers Medical, Dental, and Vision coverage options, along with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices
  • We help our employees feel secure by providing a 401(k) program, profit sharing, stock purchase plan, life insurance, and travel accident insurance options.
  • One of our core values is “Committed to Serve” and these aren’t idle words. We provide every employee one paid day off per year to volunteer at a local charity. That’s serving with a smile!
  • We take risk management excellence and your professional growth seriously by offering Tuition Assistance and Industry-Related Education and Exam programs.
  • Can you hear us now? Employees are eligible for special cell phone service discounts with Verizon and AT&T. We’ve got a plum position for you! We participate in the Plum Benefits program offering employees cost-free access to thousands of exclusive travel and entertainment discounts.
  • Flexible work arrangements
  • On site newly renovated fitness center - free to use for employees.  Yoga and other classes available for a nominal fee.
Responsibilities:

Nautilus Insurance is seeking a Senior Underwriter, Commercial Excess to join their team.  This role can be located in our Scottsdale AZ headquarters, or remotely for a highly qualified candidate.

 

This role contributes to driving company results with a strong focus on agency relationships. Apply sound decision-making to underwrite business that contributes to a profitable Excess Casualty portfolio. Effective underwriting in the middle market binding space with working knowledge of General Liability, Commercial Automobile, Employer’s Liability, light Professional Liability.

  • Underwrite and analyze risk acceptability on light to moderately complex business by applying sound underwriting judgment and adhering to NIC company policies within established authority.
  • Determine profitable rate/price and capacity offerings based on individual risk exposure.
  • Handle an existing portfolio of Excess Casualty business ensuring profitability while maintaining the integrity of the product line.
  • Reviews new and renewal accounts to verify issuance is in compliance with NIC underwriting guidelines, addresses discrepancies as needed and enters information into appropriate systems.
  • Use multiple resources to gather and analyze information and use logic to underwrite complex risks.
  • Creates, analyzes and interprets data from various systems and underwriting resources.
  • Keep abreast of industry market trends, competition philosophy, products and distributions systems.
  • Maintain and foster positive agency relationships.
  • Negotiate skillfully in tough situations with both internal and external groups to settle differences in a professional manner.
  • Collaborates with underwriting team as well as other departments on underwriting philosophy.
Qualifications:
  • Bachelor's degree; or at least two years of experience in a business or related field; or an equivalent combination of training and experience that provides the required knowledge, skills, and abilities.
  • AIS, ASLI, AU, and CPCU designations or completion of other insurance-related classes is preferred.
  • A minimum of five (5) years of experience in underwriting Commercial Umbrella/Excess business which includes extensive knowledge of Commercial General Liability and Commercial Automobile.
  • Excess and Surplus lines background required.
  • Strong existing marketing relationships within the MGA space with experience in a production underwriting role.
  • In-depth underwriting expertise across general classes of business with the ability to handle complex accounts.
  • Capability to learn and utilize various underwriting applications to determine accurate classifications and calculate rates and premium charges using approved rating methods.
  • Excellent problem solving/decision making skills with the ability to influence others.
  • Basic to intermediate knowledge of computer programs in a Windows environment, including Word, Excel and email.

 

Additional Company Details: The Company is an equal employment opportunity employer. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. We do not accept any unsolicited resumes from external recruiting agencies or firms. Sponsorship Details: Sponsorship not Offered for this Role

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