Underwriter/Senior Underwriter, General Casualty

Location
Richmond, Virginia
Salary
Base salary + annual discretionary bonus
Posted
Sep 28, 2020
Closes
Nov 27, 2020
Category
Underwriting
Job Type
Full Time

Job Summary 

James River Insurance is seeking experienced candidates for its General Casualty underwriting division that focuses on premise driven hospitality and habitational risks, and will consider hiring at the Underwriter, Senior Underwriter, Underwriting Specialist and Executive Underwriter levels. The successful candidate will be responsible for reviewing and analyzing underwriting data in order to determine if risks meet corporate underwriting standards, calculating appropriate premium, determining proper terms for acceptable risks, and responding to brokers when risks do not meet underwriting guidelines. The candidate will also be responsible for developing and maintaining profitable business relationships with brokers.

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 a focus on premise driven hospitality and habitational 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 on premise driven hospitality and habitational risks.
  • Professional designation is preferred  

Underwriting Specialist 

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

 

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