Senior Underwriter

Warren, New Jersey (US)
Competitive Salary, plus 401K and benefits!
Mar 28, 2017
May 27, 2017
Underwriting
Full Time

Mitsui Sumitomo Insurance Group (MSIG) is one of the world’s top ten property/casualty insurance carriers with over 35,000 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 Warren, NJ office.

SUMMARY:  Underwrite profitable Commercial Lines business within assigned territory in accordance with Corporate and Field office goals.

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 – Loss Control, 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.
  • Enhances technical expertise in the area of Commercial Lines Underwriting including assisting Underwriting Manager in the training and development of Department staff.
  • 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; 10+ 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.

Certificates, Licenses, Registrations

CPCU or insurance related courses preferred

Supervisory Responsibilities                                           

This job has no supervisory responsibilities.