Senior Underwriter Excess & Surplus Property

New York City, New York
Competitive Salary and Bonus
Feb 05, 2021
Apr 06, 2021
Underwriting
Full Time

Company Overview:

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

Position Overview:

The Underwriter is responsible to underwrite profitable Excess & Surplus Lines Property business for accounts on a nationwide basis.

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

                     

Underwriting                                                                                                                                                                  

Underwrites Commercial Lines property risks within delegated underwriting authority. Applies appropriate pricing techniques according to company filings and state/bureau conformance.

  • Monitors underwriting results and premium and lost trends within assigned book of business.
  • Develops and executes formal written agency plans with all assigned agents in territory.

Client Management                                                                                                                                                     

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.

  • Coordinates with inter-company departments as well as producers, insureds and Marketing Representatives to ensure appropriate high level account management standards are maintained.

Training and Development                                                                                                                                       

Enhances technical expertise in the area of Commercial Lines property 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 diploma or GED is required. Bachelor’s degree is preferred
  • 5+ years of Excess & Surplus underwriting experience required
  • Familiarity with catastrophe modeling and management of aggregates preferred.
  • CPCU or insurance related courses helpful

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.