Senior Underwriter, Industrial and Global Property

Location Los Angeles, CA Posted September 24, 2020 Category Underwriting
 

Company Overview:

Mitsui Sumitomo Marine Management U.S.A., Inc. is one of the worlds top ten property/casualty insurance carriers with over 40,000 employees worldwide.

Summary Responsible for producing, underwriting and servicing Industrial and Global property business on a nationwide basis in accordance with corporate goals.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

Produces, underwrites and services Industrial and Global property risks within delegated underwriting authority. Monitors underwriting results, premium and loss trends within assigned book of business.

This includes the following:

• Reviewing submissions to determine acceptability of risk in accordance with Company guidelines and standards.
• Perform all aspects of the underwriting process and due diligence including review and analysis of financial documents and individual risk factors.
• Applying appropriate pricing techniques according to company filings and state/bureau conformance.
• Working with brokers and clients to create customized insurance solutions.
• Documenting accounts in accordance with regulatory and internal underwriting guidelines.
• Analyzing Policy forms and endorsement requests from brokers.
• Deliver quality service to brokers and customers within established service metrics for new, renewal and interim requests.
• Develop and cultivate new and existing broker and customer relationships nationally. Source new business opportunities through a strong broker and client network.
• Establish and execute effective and efficient broker and client visits (with appropriate business units Risk Engineering, Claims and Marketing Representatives) in order to maintain existing, and increase new, business.

Supervisory Responsibilities:

This position has no supervisory responsibilities.

Education and Experience Required:

Diploma/Degree & Experience

• Bachelors degree (B. A.) required
• 7 to 10 years of related property underwriting background required.
• Existing producer relationships preferred.
• Must have demonstrated negotiation and production skills.
• Excellent verbal and written communication skills

Other Qualifications Required:

CPCU or insurance related courses helpful.

Other Skills and Abilities Required:

Position requires 20% same day travel, with some overnight stays.

The Company is an Equal Opportunity / Affirmative Action employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.