Senior Underwriter (Property Emphasis)

Warren, New Jersey
Competitive salary, benefits, and 401K!
Jul 20, 2018
Aug 28, 2018
Underwriting
Full Time

Mitsui Sumitomo Insurance Group (MSIG) is one of the world’s top ten property/casualty insurance carriers with over 40,000 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 an opportunity available for a Sr. Underwriter in either our Warren, NJ office or one of our New York City offices.

PURPOSE SUMMARY:  Underwrite profitable Commercial Lines business for multi-national accounts within assigned territory in accordance with Corporate and Field office goals.

Essential Duties and Responsibilities include the following:

  • Selects and underwrites complex Commercial Lines risks within delegated underwriting authority. Applies appropriate pricing techniques according to company filings and state/bureau conformance.
  • Monitors underwriting results and 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.
  • Coordinates 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 in 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                    

  • High school degree or G.E.D. required.  Bachelor's degree (B. A.) preferred.
  • 8+ years of multi-line underwriting experience required.
  • 5+ years of middle market primary lines and umbrella (with emphasis on property underwriting experience).
  • Must have demonstrated negotiation and production skills.
  • Excellent verbal and written communication skills

Other Qualifications Required:

  • Position requires up to 15% same day travel, with some overnight stays.
  • CPCU or insurance related courses helpful
  • Excellent organizational and attention to detail skills.
  • Ability to work independently and as part of a team.
  • Effective interpersonal skills including the ability to develop and maintain strong business relationships as well as having the ability to effectively deal with difficult or sensitive situations.

Supervisory Responsibilities:                                                   

This job has no supervisory responsibilities.