Senior Underwriter
- Location
- Los Angeles CA
- Salary
- Competitive Salary, plus 401K and benefits!
- Posted
- Jan 24, 2017
- Closes
- Mar 25, 2017
- Category
- Underwriting
- Job Type
- Full Time
- Career Level
- Experienced (Non-Manager)
Mitsui Sumitomo Insurance Group (MSIG) is one of the world’s top ten property/casualty insurance carriers with over 38,000 employees worldwide. MSIG insures large multinational and domestic companies, and offers comprehensive global insurance programs. Our US subsidiary, Mitsui Sumitomo Marine Management (MSMM), currently has a Senior Underwriter opportunity in our Los Angeles, CA office.
SUMMARY: Underwrite profitable Commercial Lines business within assigned territory.
MAJOR FUNCTIONS:
- Selects and underwrites the most complex Commercial Lines risks within delegated underwriting authority. Applies appropriate pricing techniques according to company filings and state/bureau conformance.
- Monitors underwriting results, premium and loss trends within assigned book of business.
- Develops and executes formal written agency plans with all assigned agents in territory.
- Establishes and executes effective and efficient producer and client visits (with appropriate business units – Risk Engineering, Claims and Marketing Representatives) in order to maintain and increase new business.
- Coordinate with inter-company departments as well as producers, insureds, and Marketing Representatives to ensure appropriate high level account management standards are maintained.
- Responsible for helping develop and implement best practices in the areas of Account Management.
Education and/or Experience
Bachelor's degree from four-year college or university preferred; CPCU or insurance related courses preferred
5+ years of multi-line background required; existing producer relationships preferred.
Must have demonstrated negotiation and production skills. Position requires 20% same day travel, with some overnight stays.