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Underwriter/Senior Underwriter, Energy

Employer
James River Insurance Company
Location
Richmond, Virginia
Salary
Base salary + annual discretionary bonus
Closing date
Nov 27, 2020

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Category
Underwriting
Job Type
Full Time
Career Level
Experienced (Non-Manager)

Job Details

Job Summary

James River Insurance is seeking candidates for its Energy underwriting division and will consider hiring at the Underwriter, Senior Underwriter, Underwriting Specialist and Executive Underwriter levels. The successful candidate will be responsible for selecting, reviewing, modeling, analyzing and underwriting complex submissions within the context of applying the division’s underwriting guidelines and standards. Determines the proper terms and conditions for acceptable risks including rating the account to develop the appropriate premium. Responds to brokers when particular risks do not meet underwriting guidelines and offers alternative options and cross sell other products. Provides assistance to other team members including the Division Manager in a variety of areas including referrals and identifying new opportunities.

Duties and Responsibilities

  • Continuously exhibit and uphold Core Values of Integrity, Accountability, Communication and Teamwork, Innovation and Customer Service Analyze new business opportunities and develop renewal strategies Attain quote, premium and division goals as assigned Develop and maintain strong relationships with brokers Use critical thinking and problem solving skills to negotiate with brokers on placements Assist the Underwriting Manager/Division Manager with training, mentoring and on-boarding of new employees. Travel to meet with brokers within assigned territory at least three times per year Other duties as assigned

Knowledge, Skills and Abilities

  • Ability to effectively and properly select, evaluate, model, determine coverage, rate, document, quote and bind accounts Ability to effectively assess risk Excellent verbal and written communication skills Ability to work independently or in a team environment to complete assignments within the parameters of instructions given, prescribed processes and standard accepted underwriting practices Solid knowledge of underwriting philosophy and techniques Proven problem solving and decision making skills Strong negotiation skills Ability to multi-task High level of initiative and motivation Strong work ethic with a drive to succeed Solid customer service and relationship building skills Proficiency in MS Office (Word, Excel, Outlook) and Internet researching

Experience and Education

Underwriter

  • Bachelors Degree or equivalent work experience Minimum of 2 years of related underwriting experience preferably in Excess and Surplus lines with focus in Energy related risks Preferably pursuing courses toward professional designations or continuing education.

Senior Underwriter

  • Bachelors Degree or equivalent work experience Minimum of 5 years underwriting experience, preferably in Excess and Surplus lines with a focus in Energy related risks Professional designation is preferred

Underwriting Specialist

  • 15+ years industry experience, 10+ years in Excess and Surplus lines with specialized coverage and Energy product knowledge Bachelor’s Degree or equivalent work experience Specific experience in marketing and underwriting of the division related products Professional designation is preferred

Executive Underwriter

  • 20+ years industry experience, 15+ years in Excess and Surplus lines with specialized coverage and Energy product knowledge Bachelor’s Degree or equivalent work experience Specific experience in marketing and underwriting of the division related products Professional designation is preferred

Company

James River Insurance is a specialty insurer operating on an approved non-admitted basis across the United States. Since 2003, James River has provided thousands of commercial property and casualty customers with innovative and creative solutions for particular insurance needs.

James River's underwriting approach is characterized by a wide risk appetite and our ability to create insurance solutions for both low and higher hazard businesses, many that other underwriters simply decline. We are true E&S underwriters. We strive to provide excellent service and to treat our clients like we would like to be treated.

 

Company info
Website
Telephone
(804) 289-2700
Location
6641 West Broad Street
Suite 300
Richmond
VA
23230
US

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